•  
  1. Guides
  2. Country Guides (A-Z)
  3. Bahamas - Foreign Exchange & Currency Guide

Foreign Exchange Guide to Bahamas

Latest market mid-rate: 1.0 =

Country Code:
BS
Domestic Currency:
Bahamian dollar
Symbol - Code:
$ BSD
Telephone Prefix:
+1242

The domestic currency in Bahamas is the Bahamian dollar with currency code BSD. Read this foreign exchange guide to Bahamas and the Bahamian dollar with money transfer and travel tips plus Bahamian dollar exchange cross rates.

In this guide we review :

  1. Bahamian dollar info - general info about the Bahamian dollar
  2. Bahamian dollar in the markets - recent BSD moves and predictions from the FX markets
  3. Travelling in Bahamas - currency & money saving tips
  4. Buying Bahamian dollar cash online - travel money for Bahamas
  5. Sending money to Bahamas - save on Bahamian dollar bank transfers to Bahamas
  6. Bahamian dollar exchange rates - latest & historic exchange rates.

Bahamian dollar (BSD) general currency information

What is the Bahamian dollar currency code and symbol?

The three letter currency code for the Bahamian dollar is BSD and the symbol is $.

Which countries use the Bahamian dollar?

It is the domestic currency in Bahamas.


Bahamian dollar (BSD) in the markets

The interactive chart below shows the BSD to USD exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.


BSD-USD 3 Month chart
Loading BSD/USD Chart
BSD currency converter

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

Bahamas Trip Checklist   

  1. Compare BSD travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Bahamas
  3. Lonely Planet - world's best travel guide (coupon and deals)

Travel money for Bahamas

Save money and time by Ordering your Bahamian dollar online from Travelex, you get better rates and can pick up the BSD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Bahamian dollar otherwise you may get much worst exchange rates.

 

Travel Money for Bahamas

Compare $BSD Cash rates

 

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).

Getting a better deal when sending money 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 BSD 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 dollar deposited into the recipient bank account and less margins and fees kept by the banks!

   

Bank Transfers to Bahamas

Compare $BSD Transfer Rates

 

Bahamian dollar - exchange rates - live and historic

Major BSD cross rates
View Full List (A-Z)
1BSD=

BSD/USD - Bahamian dollar to U.S. dollar - 10 Year History

DateExchange RatePeriod
10 Jun 20181.00001 Week
18 May 20181.00001 Month
19 Dec 20171.00006 Months
17 Jun 20171.00001 Year
17 Jun 20161.00002 Years
18 Jun 20131.00005 Years
19 Jun 20081.000010 Years

BSD/EUR - Bahamian dollar to Euro - 10 Year History

DateExchange RatePeriod
10 Jun 20180.84861 Week
18 May 20180.84821 Month
19 Dec 20170.84486 Months
17 Jun 20170.89321 Year
17 Jun 20160.88682 Years
18 Jun 20130.74685 Years
19 Jun 20080.645310 Years

BSD/GBP - Bahamian dollar to British pound sterling - 10 Year History

DateExchange RatePeriod
10 Jun 20180.74551 Week
18 May 20180.74241 Month
19 Dec 20170.74716 Months
17 Jun 20170.78271 Year
17 Jun 20160.69642 Years
18 Jun 20130.63925 Years
19 Jun 20080.507210 Years

BSD/JPY - Bahamian dollar to Japanese yen - 10 Year History

DateExchange RatePeriod
10 Jun 2018109.45501 Week
18 May 2018110.80341 Month
19 Dec 2017113.00646 Months
17 Jun 2017110.87501 Year
17 Jun 2016104.25462 Years
18 Jun 201395.25955 Years
19 Jun 2008107.885310 Years

BSD/AUD - Bahamian dollar to Australian dollar - 10 Year History

DateExchange RatePeriod
10 Jun 20181.31551 Week
18 May 20181.33141 Month
19 Dec 20171.30696 Months
17 Jun 20171.31201 Year
17 Jun 20161.35212 Years
18 Jun 20131.05515 Years
19 Jun 20081.053110 Years

BSD/CAD - Bahamian dollar to Canadian dollar - 10 Year History

DateExchange RatePeriod
10 Jun 20181.29681 Week
18 May 20181.28931 Month
19 Dec 20171.28806 Months
17 Jun 20171.32141 Year
17 Jun 20161.29082 Years
18 Jun 20131.02035 Years
19 Jun 20081.014310 Years