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.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

1 Bahamian Dollar to US Dollar exchange rates chart

1 BSD to USD exchange rates graph
1 BSD to USD 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 USD exchange rates table

Exchange BSD to USD
1 Bahamian Dollar = 1.000 US Dollar
2 Bahamian Dollar = 2.000 US Dollar
5 Bahamian Dollar = 5.000 US Dollar
10 Bahamian Dollar = 10.000 US Dollar
Exchange Bahamian Dollar to US Dollar
1 Bahamian Dollar to US Dollar 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.

Best BSD/USD rate at LA Currency in Los Angeles

1 BSD to USD exchange rates at LA Currency in Los Angeles
1 Bahamian Dollar = 0.733 US Dollar
LA Currency
LA Currency

Frequently Asked Questions No, we do not have any fees and our adjusted, real-time exchange rates can be found on our website. You can always find out how much you will get for your currency or how much you will need to buy currency. Make sure to refresh the browser to get updated rates. Yes, we have free parking at both our locations that are in a shopping plaza with a convenient parking lot and a security personnel. Cash to cash is our preferred payment method. However, only debit cards...

1 BSD to USD exchange rates news

Waste too 'entrenched' for govt NHI savings

The Government cannot finance National Health Insurance (NHI) from internal savings because waste and inefficiency is too “entrenched” in the public sector, a Cabinet minister has admitted.Dr Duane Sands, minister of health, told Tribune Business tha

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INSIGHT: We need a solution to our energy crisis now – not later

AMID what has been deemed an energy crisis by some, public outcry over the increasing electricity costs has become commonplace in our society. Similarly, the lackadaisical response from our elected leaders has been disheartening. Indubitably, Bahamas Power and Light has become our nation’s greatest failure.

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‘Disney’s go-ahead shows we need plan’

ENVIRONMENTALISTS are calling for “better national planning” in terms of economic and environmental sustainability in the wake of the Minnis administration’s decision to approve Disney Cruise Line’s proposal for Lighthouse Point, South Eleuthera.

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FBI sting blows open visa scam

A two-year FBI sting operation into visa fraud in the Bahamas has uncovered an alleged bribery ring between senior Bahamas immigration officials and a purported justice of the peace for fraudulent long-term work permits.

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Central Bank to ban 'anonymous' crypto assets

The Central Bank is proposing to ban its licensees from dealing with “anonymous” crypto currency assets, with 84 percent of local institutions saying they have no desire to enter this space.The regulator, unveiling a “discussion paper” on proposals f

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US Dollar Losses Hit Pause after October CPI; Focus Remains on Brexit

The DXY Index is off the lows, and rates markets are continuing to price in December for another rate hike from the Fed.

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Pound-to-US-Dollar Exchange Rate: GBP/USD Starts The Week On Soft Footing As Brexit Anxiety Mounts

Brexit speculation failed to prevent the GBP/USD exchange rate sinking at the start of the week

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Pound US dollar exchange rate: GBP retreats as Brexit text faces Cabinet scrutiny

THE pound US dollar exchange rate has fallen as much as 0.5 per cent this morning, slumping from a high of $1.302 to the current rate of $1.295 as Brexit jitters weigh on sentiment.

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1 BSD to USD currency converter