Bahamian Dollar

Bahamian Dollar

The dollar (sign: $; code: BSD) has been the currency of The Bahamas since 1966. It is normally abbreviated with the dollar sign $, or alternatively B$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

1 Bahamian Dollar to British Pound exchange rates chart

1 BSD to GBP exchange rates graph
1 BSD to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 BSD to GBP exchange rates table

Exchange BSD to GBP
1 Bahamian Dollar = 0.785 British Pound
2 Bahamian Dollar = 1.569 British Pound
5 Bahamian Dollar = 3.923 British Pound
10 Bahamian Dollar = 7.845 British Pound
Exchange Bahamian Dollar to British Pound
1 Bahamian Dollar to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1 BSD to GBP exchange rates news

Benchmark crypto tie-up 'marriage made in heaven'

Benchmark (Bahamas) last night hailed its newly-formed three-way alliance as “a marriage made in heaven” that will help position this nation as a leader on blockchain and crypto currency.Julian Brown, the BISX-listed firm’s chief executive and presid

3 days conditional neutral
Bahamas must ‘embrace disruptive change’ culture
Bahamas must ‘embrace disruptive change’ culture

The Bahamas must “embrace disruptive change” and not permit a minority to derail economic reforms that benefit the rest of society, a BISX-listed company’s president argued yesterday.

9 days conditional neutral
DIANE PHILLIPS: Oh, for a little respect while out shopping

IN every life, there comes a time when reality hits with a thud, like realising that you had the whole year to get ready for Christmas and suddenly it is here. And once again, though you promised last year and the year before that and probably the year before that it would never happen again, you blew the 8720 hours since the last time and you have 40 hours left to go before the big day.

21 days conditional negative
Central Bank eyes digital B$ by 2021

THE Central Bank is aiming to roll-out a ‘test’ digital Bahamian currency by 2021, the Deputy Prime Minister disclosed yesterday, while slamming the banks for “forcing” electronic banking.K P Turnquest, in an address to the ComplianceAid Caribbean An

about 2 months conditional neutral
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

7 days indicative negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

13 days indicative neutral

1 BSD to GBP currency converter