Canadian Dollar to Bahamian Dollar — exchange rate

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More

Country of Circulation: The Bahamas

Currency Code, Symbol: BSD, B$

Denominations of coins in circulation: 1, 5, 10, 25 cents

Denominations of banknotes in circulation: $1, $5, $10, $20, $50, $100

History: The Bahamian dollar (B$) is used for payment in the Bahamas. The national currency of the country is denoted as BSD and by a traditional dollar sign. Sometimes, letter B is added in front of $ to avoid confusion.Cent is used as change for the Bahamian dollar. Every BSD has 100 cents. The currency has been introduced into circulation in 1966. Before that, pound sterling was used as the currency. There is an agreement signed between the Bahamas and the USA that allows to use both currencies on the territory of the island. Thus, tourists, who come on vacation, can use the American dollar to pay for services and purchases.Read More