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 = 1.047 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 = 0.967 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

There's something behind this market sell-off that no one is talking about: The strong dollar

Stocks investors are spooked about a lot of things, and the strong dollar biting into earnings growth is now one of them.

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The Dollar Keeps Getting Stronger. Here’s What That Means for You.

On Monday, the US dollar reached its highest level in a year and a half, as measured against a weighted basket of foreign currencies. You can now buy a Euro for just $1.12, and a British Pound for $1.29. What does that mean for Americans?

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Rupee drops 39 paise against US dollar as crude oil rebounds - Times of India

India Business News: Cutting short the 10-day selling trend, crude oil prices rose by around 1% to touch $71 per barrel mark after the world's largest oil exporter Saudi A

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Rupee recovers 22 paise to 72.67 against US dollar

Positive macro data which showed retail inflation dropping to a 13-month low in October also bolstered the market sentiment.

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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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1 USD to BSD currency converter