The Bahamian dollar (B$) is the official currency of The Islands of the Bahamas which is on par with the US dollar. Both currencies can be used interchangeably throughout the islands.
History
The Bahamas orginal used the British Pound before 1966 when it was replaced with the Bahamas Dollar at a rate of 1 Dollar = 7 Shillings. This rate allowed the establishment of parity with the U.S dollar, due to the Sterling/Dollar rate then being fixed at £1 = $2.80. This has often been used to explain why the Bahamas have a 15 cents coin, since this was roughly equivalent to 1 Shilling.
Exchange Rate Calculator
The free tool below allows you to calculate your exchange rate between the British Pound, Euro and The Bahamas Dollar. Enter the amount you wish to convert, choose which which conversion you require and press convert.
This table is updated daily and is for informational purposes only. It is provided for your own personal, non-commercial use and not for purposes of resale, distribution, or performance as exchange rates vary between banks.
2007 Exchange Rate of The Bahamas Dollar against the Pound
The below chart plots the Bahamas Dollor against the British Pound through 2007.
The above chart is for information purposes only. The information is correct at the time of publishing. The data was provided by OANDA, http://www.oanda.com. It is provided for your own personal, non-commercial use and not for purposes of resale, distribution, or performance as exchange rates vary between banks.
