Cash usage
Bahamian-dollar cash is used for domestic prices and payments. US dollars may also be accepted in some settings, but acceptance is a merchant practice rather than a change to BSD's official status.
Country money guide
The Bahamas Currency Guide
The Bahamas uses the Bahamian dollar (BSD) as its official currency. The Central Bank of The Bahamas oversees currency issuance and the domestic monetary system.
Currency overview
Bahamian Dollar in The Bahamas
CurrencyBahamian Dollar
ISO codeBSD
Central bankCentral Bank of The Bahamas
Currency profileView BSD factsMonetary framework
The Bahamian dollar is maintained at parity with the US dollar.
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BSD0.986972 USD1 BSD = 0.98697197 USD
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Currency facts
BSD at a glance
CurrencyBahamian Dollar
ISO codeBSD
Symbol$
Minor unitCent
Decimal places2
Central bankCentral Bank of The Bahamas
Currency typeOfficial currency
First issuedThe Bahamian dollar became the national currency of The Bahamas in 1966.
Money usage guide
Local money guide for the Bahamas
Official use
The Bahamian dollar (BSD) is the official currency and domestic accounting unit of The Bahamas.
Currency system
The Central Bank of The Bahamas issues BSD within the country's national monetary framework.
Payment environment
Bahamian-dollar prices remain BSD amounts even where a business chooses to display or accept U.S. dollars.
Currency relationships
BSD is maintained at parity with USD under the official arrangement; the currencies keep different legal identities and codes.
Cash and payment habits
Cash, cards and local payments
Exchange tips
Planning a conversion
Country-specific guidance
Use BSD for the local amount and record the provider date whenever a card, bank or cash transaction is later reconciled.
Before exchanging
Check the final Bahamian-dollar amount and any disclosed card, ATM or exchange charges before converting.
Optional terminal conversion
If a merchant offers to charge a card in a home currency, compare the disclosed conversion with the card issuer's BSD transaction terms.
Popular currency pairs
BSD conversion links
Related currencies
Regional and monetary links
These links use the country dataset's regional and monetary relationships rather than a single global popularity list.
FAQ
The Bahamas currency questions
What currency is used in The Bahamas?
The Bahamian dollar (BSD) is the official currency of The Bahamas.
What is the currency code for The Bahamas?
The ISO 4217 code for the Bahamian dollar is BSD.
Is the Bahamian dollar fixed to the US dollar?
The Bahamian dollar is maintained at parity with the US dollar under the country's monetary arrangement.
Sources and review
Rate data and official references
Data source: Frankfurter
Rate date:
Reviewed by: CurrencyHub Editorial Team
Editorially reviewed:
Content methodology
Country guidance is assembled from official monetary, payment-system and border-information sources. Missing details are omitted rather than inferred.
Sources
Report an errorExchange-rate information is provided for reference only and is not financial, trading or investment advice.