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Bahamian Dollar

Definition: Bahamian Dollar

Bahamian Dollar

Noun

1. The basic unit of money in the Bahamas.

Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.
 



Specialty Definitions: Bahamian Dollar

DomainDefinitions

Geography

Currency of The Bahamas. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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Specialty Definition: Bahamian dollar

(From Wikipedia, the free Encyclopedia)

The Bahamas' national currency is the Bahamian dollar ($B). The 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 as main instruments of monetary policy, the objective of which is to keep stable conditions, including credit, in order to maintain the parity between the $US and the $B while allowing economic development to proceed.

Although the US dollar (as any other foreign currency) is subject to exchange control laws in The Bahamas, the parity between $B and $US means that any business will accept either US or Bahamian currency and many of the businesses that serve tourists have extra $US on hand for the convenience of the US tourists (who are picky about receiving their change in $US since most are on short visits or are skeptical about the value of any money not printed in dark green ink).

Banknotes and Coins

The current (June 2003) banknotes and coins issued by the Central Bank are:

Coins

1-cent, 5-cents, 10-cents, 15-cents(rare), 25-cents

The 1-cent, 5-cents, and 25-cents coins are about the same size and their US counterparts with differences in metal composition. The 10-cents and 15-cents are more exotic, the 10-cents piece having scallop-like smooth ridges on its circumference and the 15-cents piece being square. All coins bear the Bahamian Coat-of-Arms on one side with the words "Commonwealth of The Bahamas" forming a crown around the Coat-of-Arms and the year of issue beneath the Coat-of-Arms. The flip side of the coins show objects from Bahamian culture with the value of the coins in words. The 1-cent has a starfish, the 5-cents a pineapple, the 10-cents two bone-fish, the 15-cents a Hibiscus, and the 25-cents a native sloop.

Notes

$1/2(rare), $1, $3(rare), $5, $10, $20, $50, and $100.

The dollar has undergone several revisions in the last twenty years, one of the more notable being an extremely colourful redesign in celebration of the quincentanial celebrations of the 'discovery' of The Bahamas (and by extension the west) by Christopher Columbus when he landed on an island he dubbed San Salvador.

All banknotes have been undergoing design changes to foil forgery in recent years although the notes implemented more stringent security long before the US's recent redesign of their notes.

Until a few years ago all notes displayed a portrait of Queen Elizabeth II (state figurehead) but notes are now displaying portraits of prominent Bahamian politicians who have passed away. The $1/2 shows an older Queen Elizabeth II and the back shows a picture of Sister Sarah in the Nassau Straw Market, the $1 shows Sir Lynden Pindling and on the back shows the Royal Bahamas Police Force Band., the $3 - young Queen Elizabeth II and on the back shows a Family Island Regatta with native sloops, the $5 - Sir Cecil Wallace-Whitfieldand the back shows a Junkanoo group 'rushing' in the Junkanoo parade, the $10 - Sir Roland Symonette, the $20 - Sir Milo Butler, the $50 - Sir Stafford Sands and the back shows the Hope Town Lighthouse and settlement in Abaco, the $100 - an older Queen Elizabeth II and the back shows a jumping blue marlin, national fish of The Bahamas.

External Links

Source: adapted by the editor from Wikipedia, the free encyclopedia under a copyleft GNU Free Documentation License (GFDL) from the article "Bahamian dollar."

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Non-Fiction Usage: Bahamian Dollar

SubjectTopicQuote

Economic History

Bahamas

The Bahamian dollar is fixed at par with the United States dollar and the Government is firmly committed to maintaining this exchange rate. (references)

Bahamas

The Government presented a balanced budget for FY 2001-2002 and plans to eliminate the $74 million government deficit by 2003. The Government maintains the value of the Bahamian dollar on par with the U.S. dollar. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

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Frequency of Internet Keywords: Bahamian Dollar

The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com.
 
ExpressionFrequency
per Day

bahamian dollar

2
Source: compiled by the editor from various references; see credits.

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Modern Translations: Bahamian Dollar

Language Translations for "Bahamian dollar"; alternative meanings/domain in parentheses.

Danish

  

BSD, bahamansk dollar. (various references)

   

Dutch

  

BSD (Berkeley systems design), Bahamaanse dollar. (various references)

   

Finnish

  

BSD (Berkeley systems design), Bahaman dollari. (various references)

   

French

  

BSD (Bahamian dollar-ISO code), dollar des Bahamas. (various references)

   

German

  

BSD, Bahama-Dollar. (various references)

   

Greek 

  

BSD (Berkeley systems design), δολάριο Μπαχαμών. (various references)

   

Italian

  

BSD, dollaro delle Bahamas. (various references)

   

Pig Latin

  

ahamianbay ollarday.(various references)

   

Portuguese

  

BSD (Berkeley systems design), dólar das Baamas. (various references)

   

Spanish

  

BSD, dólar de las Bahamas. (various references)

   

Swedish

  

BSD, bahamansk dollar. (various references)

Source: compiled by the editor from various translation references.

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Anagrams: Bahamian Dollar

Scrabble® Enable2K-Verified Anagrams

Words within the letters "a-a-a-a-b-d-h-i-l-l-m-n-o-r"

-5 letters: abdominal, armadillo.

Source: compiled by the editor from various references; see credits.

SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro.

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Alternative Orthography: Bahamian Dollar


Hexadecimal (or equivalents, 770AD-1900s) (references)

42 61 68 61 6D 69 61 6E      44 6F 6C 6C 61 72

Leonardo da Vinci (1452-1519; backwards) (references)

    

Binary Code (1918-1938, probably earlier) (references)

01000010 01100001 01101000 01100001 01101101 01101001 01100001 01101110 00100000 01000100 01101111 01101100 01101100 01100001 01110010

HTML Code (1990) (references)

&#66 &#97 &#104 &#97 &#109 &#105 &#97 &#110 &#32 &#68 &#111 &#108 &#108 &#97 &#114

ISO 10646 (1991-1993) (references)

0042 0061 0068 0061 006D 0069 0061 006E      0044 006F 006C 006C 0061 0072

Encryption (beginner's substitution cypher): (references)

36677467797567802388178786784

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INDEX

1. Definition
2. Quotations: Non-fiction
3. Expressions: Internet
4. Translations: Modern
5. Anagrams
6. Orthography
7. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.