Search results
Results from the WOW.Com Content Network
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 ...
1.79 AWG = 1.00 USD Bahamas: Bahamian dollar: BSD: Central Bank of The Bahamas: 1.00 BSD = 1.00 USD Barbados: Barbadian dollar: BBD: Central Bank of Barbados: 2.00 BBD = 1.00 USD Caribbean Netherlands: United States dollar: USD: De Nederlandsche Bank (monetary authority) Federal Reserve Bank (U.S. dollar) float Cayman Islands: Cayman Islands ...
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 ...
Unlike in Bermuda, the US dollar circulated freely alongside sterling coinage in the Bahamas. The pound was replaced by the dollar in 1966, at a rate of 7/– = $1 (£1 = $2.86). This rate meant that the new Bahamas dollar was at a slight discount to the US dollar.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
The combined GDP is 5.46 billion US dollars, [5] which is comparable to Bermuda. The late Queen Elizabeth II appears on the banknotes and also on the obverse of the coins. She was the head of state of all the states and territories using the EC$, except for Dominica .
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79