Barbados dollar

The Barbados dollar – currency symbol "$" or "Bds$" – is the national unit of currency of Barbados. Its ISO 4217 currency code is BBD.

The dollar is divided into 100 cents (¢) and has a fixed/pegged rate of exchange with the United States dollar at US$1=Bds$1.98 (fixed rate since July 5, 1975).

The Barbados dollar was created after the establishment of the Central Bank of Barbados (CBB), which was founded by Act of parliament in May, 1972. Prior to this, Barbados and several other islands in the Eastern Caribbean were under the Eastern Caribbean Currency Authority (ECCA.) Before the Barbados dollar, the West Indies dollar was used as the national currency.

Many coins in circulation of Barbados are struck at the Royal Canadian Mint.

Coins in circulation: 1 cent (copper) | 5 cent | 10 cent | 25 cents | 1 dollar (silver)

Banknotes in circulation: 1 dollar (red) | 2 dollar (blue) | 5 dollar (green) | 10 dollar | 20 dollar (purple) | 50 dollar | 100 dollar

See also

• Central Bank of Barbados (CBB)
• Economy of Barbados

Reference

• 2007 Cricket World Cup coins – Barbados Advocate , December 6, 2004

Current BBD exchange rates

AUD | CAD | EUR | GBP | INR | NZD | USD

External link

• Central Bank of Barbados (CBB)