Use of US Dollar in Bahamas
The Bahamian dollar is exchanging 1 to 1 to the US Dollar. On top of this a lot of Cruise Ships originating in the US make a stop at Nassau.
Does that mean that I can use US Dollars in Bahamas just as I do Bahamian ones?
Best Answer
Wikipedia says that businesses in the Bahamas accept both Bahamian and US dollars. However, this is because they choose to do so and it's not an inevitable consequence of the exchange rate. Indeed, it's common for businesses in many parts of the world to accept multiple currencies even if there's no formal relationship between them: they do that because it is more convenient for them and their customers.
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What currency should I take to the Bahamas?
The Bahamian Dollar was established in 1966 as an official national currency and is used only in the Bahamas. 1 Dollar is devided into 100 Cents. The Bahamian Dollar is tied to the US Dollar with a fixed exchange rate. Therefore, 1 Dollar always equals to 1.0000 US Dollar.Is Bahamas money same as US dollars?
Are you overpaying your bank?Conversion rates US Dollar / Bahamian Dollar10 USD10.00000 BSD20 USD20.00000 BSD50 USD50.00000 BSD100 USD100.00000 BSD8 more rowsHow much is $100 US in Bahamas?
Convert Bahamian Dollar to US DollarBSDUSD1 BSD1 USD5 BSD5 USD10 BSD10 USD25 BSD25 USD7 more rowsUS Dollar and Bahamas Dollar Comparison Video - US Dollar to Indian Rupee - Bahamas Dollar to INR
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