Barbadian dollar in Bahamian Dollar

BBD Barbadian dollar

Country of application:
Barbados

Coin denominations in circulation:
5, 10, 25 cents, 1 dollar.

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100 dollars.

History reference:
BBD (Barbadian dollar) is the national currency of the Caribbean island nation of Barbados. Barbados is an island nation in the Lesser Antilles off the coast of South America. Both the Spanish and th...e Portuguese claimed the island during their periods of colonial expansion, but it was the British who later established a colony there in 1627. Since 1949, with the introduction of the British West Indies dollar, the currency of Barbados has become officially associated with the activities of the British Eastern Caribbean and the territory as a whole. Between 1938 and 1949, the government of Barbados issued paper banknotes in dollars. The last private bank notes were issued in 1949. British pound sterling coins were replaced with new coins in 1955. In 1965, the East Caribbean dollar replaced the British West Indies dollar in Barbados.

BSD Bahamian Dollar

Country of application:
Bahamas

Coin denominations in circulation:
1, 5, 10, 25 cents.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100 dollars.

History reference:
The Bahamian dollar has been the national currency and money of the Commonwealth of the Bahamas since 1966. It replaced the Bahamian pound when the islands were granted self-government, and later ind...ependence (although the country remained part of the British Commonwealth). The Bahamian dollar replaced the Bahamian pound, which was equal to the British pound sterling, divided into 20 shillings or 240 pence, at a ratio of 1 dollar = 7 shillings (1 dollar = 0.35 pounds) in 1966. At the same time, a transition was made to the decimal system - the Bahamian dollar began to equal 100 cents. During the transition to a new currency, three-dollar bills and coins of fifteen cents were introduced, since three dollars are approximately equal to one pound, and fifteen cents - 1 shilling, which was convenient during the transition period.