Bahamas - Bahamian Dollar - Currency Guide

This is a currency guide to Bahamas, the Bahamian Dollar currency plus sending (BSD) transfers and travel tips for Bahamas.

 
 
CountryBahamas
FlagBahamas
Country CodeBS
Domestic Currency Bahamian Dollar
Currency SymbolB$
Currency CodeBSD
Exchange RateUSD/BSD = 1
Telephone Prefix+1242

Quick Conversions from US Dollar to Bahamian Dollar

USD

BSD

U$ 1
B$ 1.0000
U$ 5
B$ 5.0000
U$ 10
B$ 10.00
U$ 20
B$ 20.00
U$ 50
B$ 50.00
U$ 100
B$ 100.00
U$ 250
B$ 250.00
U$ 500
B$ 500.00
U$ 1,000
B$ 1,000
U$ 2,000
B$ 2,000
U$ 5,000
B$ 5,000
U$ 10,000
B$ 10,000
U$ 50,000
B$ 50,000
U$ 100,000
B$ 100,000
More amounts

USD

BSD

U$ 1.0000
B$ 1
U$ 5.0000
B$ 5
U$ 10.00
B$ 10
U$ 20.00
B$ 20
U$ 50.00
B$ 50
U$ 100.00
B$ 100
U$ 250.00
B$ 250
U$ 500.00
B$ 500
U$ 1,000
B$ 1,000
U$ 2,000
B$ 2,000
U$ 5,000
B$ 5,000
U$ 10,000
B$ 10,000
U$ 50,000
B$ 50,000
U$ 100,000
B$ 100,000
More amounts

To calculate specific USD/BSD amounts use our Convert USD to BSD quick calculator.

Bahamas Currency Info


Frequently Asked Questions


What currency should I use in Bahamas?

The domestic currency in Bahamas is the Bahamian Dollar.

What is the Bahamian Dollar currency code and symbol?

The three letter currency code for the Bahamian Dollar is BSD — symbol is B$.

How much is U$100 US Dollars in Bahamian Dollars?

U$ 100 converts to B$ 100.00

Which countries use the Bahamian Dollar?

It is the domestic currency in Bahamas.

Is the Bahamian Dollar a closed currency?

Yes the Bahamian Dollar is a closed currency. Which means that you may find it difficult to purchase the currency (BSD) before departure and will probably need to buy it upon arrival. If you do manage to buy some of the currency or have some left over from a previous trip, make sure you are aware if you are allowed to bring this closed currency into the country.

For more information and a full list of closed currencies please refer to our guide: What is a closed currency?


Bahamian Dollar (BSD) in the markets

The interactive chart below shows the USD to BSD exchange rate and trend for the previous 3 months:

USD to BSD was steady at the 90-day average 1. There are no current rate alerts.
25-FEB 5PM-NY 10PM-LON | 26-Feb 9AM-SYD

Travel, Currency and Money saving tips for Bahamas

Like most islands in the Caribbean, the Bahamas are an expensive destination. The Bahamian dollar and the US dollar are both accepted throughout the islands. Banking hours are Monday through Thursday, 9:30 a.m. to 3:00 p.m., and Friday from 9:30 a.m. to 4:30 p.m. In Nassau/Paradise Island there are ATMs at both Paradise Island and Cable Beach casinos, and commercial banks. In Grand Bahama, they can be found at major banks, the casino and Port Lucaya and on The Out Islands, ATMs are at banks on all of the major islands.

Nassau and Freeport Have dozens of jitneys (private minibuses) licensed to operate on pre established routes. Out Islands There’s not much public transportation as Taxi is the main means of getting around cities in the Bahamas. Renting a bike can be a good alternative. Tickets to the more expensive nightclubs can often be bought at a huge discount from hotels and taxi drivers.

For more travel tips and ideas on ways to save money when traveling in the Bahamas read our Bahamas Travel guide

 

Travel money for Bahamas

As mentioned above, the Bahamian Dollar is a closed currency. Which means that you may find it difficult (or be permitted) to purchase the currency (BSD) before departure and will need to buy it upon arrival in Bahamas.

For these types of destinations, using a pre-paid travel card is a good solution. As no travel cards support loading closed currencies like the BSD you will incur currency conversion or foreign transaction fees if you use a travel money card in Bahamas.

However, using a pre-paid travel card is still a good idea as you can avoid ATM fees and also you can avoid using (and losing!) your main bank or debit/credit card.

 

Bahamas Trip Checklist    

 
  1. Search Hotel deals - Save on your accomodation in Bahamas
  2. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Bahamas

When searching around for information on how to get a good exchange rate when sending money to Bahamas you need to start with finding out the latest Bahamian Dollar foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to Bahamas

When sending money to Bahamas it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Bahamian Dollar amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted BSD amount will be transfered to the recipient account you specify in Bahamas.

Use our Send to Bahamian Dollars calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Bahamian Dollars deposited into the recipient bank account and less margins and fees kept by the banks!

 

Bank Transfers to Bahamas

Compare Transfer Rates

Bahamian Dollar to US Dollar - Historical Rates

PeriodBSD/USDDate
1 Day1.000023 Feb 2020
7 Day1.000017 Feb 2020
30 Day1.000025 Jan 2020
3 Month1.000026 Nov 2019
1 Year1.000024 Feb 2019
5 Year1.000025 Feb 2015
10 Year1.000026 Feb 2010

Bahamian Dollar to Euro - Historical Rates

PeriodBSD/EURDate
1 Day0.922623 Feb 2020
7 Day0.922617 Feb 2020
30 Day0.907025 Jan 2020
3 Month0.907226 Nov 2019
1 Year0.881724 Feb 2019
5 Year0.880025 Feb 2015
10 Year0.734126 Feb 2010

Bahamian Dollar to Pound Sterling - 10 Year History

PeriodBSD/GBPDate
1 Day0.772123 Feb 2020
7 Day0.768917 Feb 2020
30 Day0.764925 Jan 2020
3 Month0.777626 Nov 2019
1 Year0.765524 Feb 2019
5 Year0.644025 Feb 2015
10 Year0.656826 Feb 2010

Bahamian Dollar to Australian Dollar - Historical Rates

PeriodBSD/AUDDate
1 Day1.513923 Feb 2020
7 Day1.490417 Feb 2020
30 Day1.464525 Jan 2020
3 Month1.473426 Nov 2019
1 Year1.397224 Feb 2019
5 Year1.268325 Feb 2015
10 Year1.118326 Feb 2010

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