Euro to Bahamian Dollar — exchange rate

The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.

Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.

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.