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).

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.

1 US Dollar to Bahamian Dollar exchange rates chart

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

Exchange USD to BSD
1 US Dollar = 1.000 Bahamian Dollar
2 US Dollar = 2.000 Bahamian Dollar
5 US Dollar = 5.000 Bahamian Dollar
10 US Dollar = 10.000 Bahamian Dollar
Exchange US Dollar to Bahamian Dollar
1 US Dollar to Bahamian 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 USD/BSD rate at Currency Exchange International in New York City

1 USD to BSD exchange rates at Currency Exchange International in New York City
1 US Dollar = 1.077 Bahamian Dollar
Currency Exchange International
Currency Exchange International

Currency Exchange International, Corp. is a full service foreign exchange technology and service provider. A publicly traded company on the Toronto Stock Exchange (CXI) and OTC (CURN), CXI is headquartered in Orlando, Florida. CXI provides a wide range of foreign exchange services to clients in the United States and through its subsidiary, Exchange Bank of Canada, in Canada. CXI primarily services clients through its company-owned branch locations and foreign exchange relationships with...

Best USD/BSD rate at LA Currency in Los Angeles

1 USD to BSD exchange rates at LA Currency in Los Angeles
1 US Dollar = 0.971 Bahamian 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 USD to BSD exchange rates news

Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

5 days indicative negative
U.S. dollar closes higher on Taipei forex market | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 11 (CNA) The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.020 to close at NT$30.802.

5 days indicative positive
Dollar Slides As US Consumer Inflation Falls

CANBERA (Alliance News) - The US dollar was lower against its most major counterparts in the ...

5 days conditional positive
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

2 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.

8 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.

20 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

1 USD to BSD currency converter