Hong Kong Dollar in Bahamian Dollar

HKD Hong Kong Dollar

Country of application:
Hong kong, macau

Coin denominations in circulation:
10, 20, 50 cents, 1, 2, 5, 10 dollars.

Denominations of banknotes in circulation:
10, 20, 50, 100, 500, 1000 dollars.

History reference:
The Hong Kong dollar is the currency of Hong Kong (the full name of the Hong Kong Special Administrative Region of the Peoples Republic of China) - from 1895 to the present day in the forex market wi...th a break during World War II, when the military yen was introduced during the Japanese occupation. At its inception, the Hong Kong dollar was equal to 24.2611 grams of pure silver. After the abolition of the silver standard in 1935, the ratio was already established to the pound sterling at 1 dollar to 15 pence. Hong Kong dollars are also in circulation in the Administrative Region of Macau on a semi-legal basis. The fact is that quite a few Hong Kong residents come to Macau by ferry, especially on weekends. The pataca (Macau) exchange rate is equal to the HKD exchange rate, and therefore, outlets accept both Hong Kong dollars and pataca without any problems.

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.