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The Bahamian dollar is pegged to the US dollar on a one-to-one basis. The Central Bank of The Bahamas states that it uses reserve requirements, changes in the Bank discount rate and selective credit controls, supplemented by moral suasion, [1] as main instruments of monetary policy. The Central Bank's objective is to keep stable conditions ...
East Caribbean dollar: XCD: Eastern Caribbean Central Bank: 2.70 XCD = 1.00 USD Antigua and Barbuda Dominica Grenada Montserrat Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Aruba: Aruban florin: AWG: Central Bank of Aruba: 1.79 AWG = 1.00 USD Bahamas: Bahamian dollar: BSD: Central Bank of The Bahamas: 1.00 BSD = 1.00 USD ...
US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
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The Central Bank was established on 1 June 1974 by The Central Bank of The Bahamas Act. [4] now superseded by the Central Bank of The Bahamas Act, 2000. The new bank's mandate included: the power to promote and maintain monetary stability and credit and balance of payments conditions conducive to the orderly development of the Bahamian economy;
The Bahamas (/ b ə ˈ h ɑː m ə z / ⓘ bə-HAH-məz), officially the Commonwealth of The Bahamas, [13] is an island country within the Lucayan Archipelago of the Atlantic Ocean.It contains 97% of the Lucayan Archipelago's land area and 88% of its population.
Liberian dollar – Liberia; Malaya and British Borneo dollar – Malaya, Singapore, Sarawak, British North Borneo and Brunei; Malayan dollar – Brunei, Malaysia and Singapore; Mauritian dollar – Mauritius; Mongolian dollar – Mongolia; Namibian dollar – Namibia; Nevisian dollar – Nevis; New Brunswick dollar – New Brunswick
The East Caribbean dollar is pegged to the United States dollar, and has been for over 35 years since 1976, [11] having previously been pegged to the pound sterling. [11] In 1965, the Eastern Caribbean Currency Authority was established (coming after the British Caribbean Currency Board ), to distribute currency, but The Bahamas withdrew from ...