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Want to know how much is your money worth in Bahamas? The local currency in Bahamas is called Dollar.

The Bahamian Dollar is issued and managed by the The Central Bank of The Bahamas. To find out the current currency exchange rates for Dollar to other major currencies of the world, click on foreign currency rates.

Bahamian Currency Information
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The currency used in Bahamas is called as the Dollar. This currency is denoted with the currency sign B$ and the ISO 4217 Code for the Bahamian Dollar is BSD. The Dollar, is the official currency of the Bahamas . It is divided into 100 smaller units called cent.

The constitution of Bahamas provides that the Bahamas government shall have the power to print the Bahamian Dollar and cent coins to be used as a legal tender in Bahamas. The Bahamian Dollar bank notes and Cent coins are both designated as "legal tender" in payment of debts.

The Bahamian Dollar bill uses the decimal system, consisting of 100 equal units.

The symbol B$, usually written before the numerical amount, is used for the Bahamian Dollar.

Currently printed bank notes denominations are $1, $5, $10, $20, $50, $100 $1/2, $3 and the coins are minted in the denominations of 1, 5, 10, 25 cents 15 cents, 50 cents, 1 dollar, 2 dollar, 5 dollar.

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The Effect of Balance of Trade and Investment on the Value of Bahamian Dollar
Financial analysts regularly cite the balance of trade and investment in Bahamas as the most important influence on the value of the Dollar. The difference between what the Bahamas exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Dollar exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Dollar exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Bahamian Dollar.

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