Barbadian dollar in Belizean 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.

BZD Belizean Dollar

Country of application:
Belize

Coin denominations in circulation:
1, 5, 10, 25, 50 cents, $ 1.

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

History reference:
The Belize dollar has been the national currency and money of Belize since 1885. Replaced the pound sterling. In 1973, with the change of the name of the country from British Honduras to Beziz, the c...urrency changed its name: from the British Honduras dollar to the Belize dollar. Despite the fact that the state was part of the “fermentation” zone of the British pound sterling, it based its economy on the US dollar. The Honduran dollar continued its attachment to the US dollar even after the UK abandoned the gold standard in the 1930s. However, at the beginning of the Second World War, British Honduras, along with some other countries, joined the area of circulation of the British currency. And after the devaluation of the British pound in 1949, the Honduran dollar was finally pegged to the US dollar. This fact contributed to a sharp increase in the local currency against the pound. For many years, the exchange rate of the Belize dollar to the US dollar has been at the same mark, equal to 2:1, respectively.