BSD · BSD
Bahamian Dollar (BSD)
The Bahamian dollar (BSD) is the official currency of the Bahamas, pegged to the US dollar at 1:1. Learn about its history, banknotes, and usage.
Convert this currency
Converted amount
1.0000 USD
Exchange rate
1 BSD = 1.000000 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
BSD · Bahamian Dollar
Bahamian Dollar (BSD): Overview and History
The Bahamian dollar (BSD) is the national currency of the Commonwealth of The Bahamas, an archipelago in the Atlantic Ocean. It was introduced in 1966, replacing the British West Indies dollar at a rate of 1 BSD = 7 shillings. The currency is issued by the Central Bank of The Bahamas, which was established in 1974. The Bahamian dollar is pegged to the US dollar at a fixed rate of 1 BSD = 1 USD, reflecting the close economic ties between the two countries.
Banknotes are issued in denominations of 1, 3, 5, 10, 20, 50, and 100 dollars, with the $3 note being a distinctive feature. The notes feature portraits of notable Bahamian figures, such as Sir Milo Butler and Queen Elizabeth II, as well as scenes of local flora, fauna, and landmarks. Coins are issued in denominations of 1, 5, 10, 15, and 25 cents, and 1 dollar. The 15-cent coin is unique to the Bahamas, as it was historically used for telephone calls.
Due to the fixed peg, the Bahamian dollar is widely accepted in the tourism and financial sectors, and US dollars are often accepted interchangeably. The currency is stable, and the peg helps to maintain low inflation and confidence in the economy. However, the Bahamas is vulnerable to hurricanes and economic fluctuations, which can impact its fiscal position. The central bank manages monetary policy to preserve the peg and support economic growth.
- Code
- BSD
- Symbol
- BSD
- Current rate
- USD / BSD
Currency information
Last updated · 8/7/2026
Introduced in 1966, replacing the British West Indies dollar.
- Official name
- Bahamian Dollar
- Legal tender status
- Legal tender in The Bahamas
- Decimal places
- 2
- Minor unit
- Cent · 1 BSD = 100 Cent
- Countries
- The Bahamas
- Issuing authority
- Central Bank of The Bahamas
- Central bank
- Central Bank of The Bahamas · Official website
- Exchange-rate regime
- Pegged to the US dollar at 1 BSD = 1 USD
Common banknotes
$1 · $5 · $10 · $20 · $50 · $100
Common coins
1 cent · 5 cents · 10 cents · 15 cents · 25 cents · 50 cents · $1
Also known as
B$ · Bahamian Dollar · BSD · $
Practical notes
- The Bahamian dollar is pegged at par with the US dollar.
- US dollars are widely accepted throughout The Bahamas.
Priority currency pairs
The most useful conversions for this currency.
Bahamian Dollar questions
What is the BSD exchange rate?
The displayed rate is the latest available reference rate for USD/BSD. It can change throughout the day.
How can I convert BSD online?
Use the converter above to calculate indicative amounts between BSD and the other supported currencies.