Surrounded by coral reefs and deep ocean trenches, the Bahamas is the ultimate beachside playground for travellers. It’s located just off the coast of Florida, and is made up of more than 700 islands and 2,400 cays. Some of the islands have their fair share of vibrant cities and historical townships, although most of them remain uninhabited. No matter what you get up to in the Bahamas, make sure you take enough BSD with you to enjoy it all. Believe us – you’re going to want to make the most of your time on this island paradise.
The dollar has been the currency of the Bahamas since 1966. Due to the country’s close proximity to the US, the BSD is pegged to the USD on a 1:1 basis. You’ll find many tourism businesses will accept US dollars, and the casinos will only accept USD as payment. Permission is required from the Central Bank of the Bahamas to import local currency, and you can export a maximum of $200BSD per person (in banknotes).
The approved import and export of foreign currency is unlimited, so if you don’t want to take any BSD with you at the end of your trip, you can always exchange your Aussie dollars for USD and take that instead.
Budget planning tool
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Pick up locally
With over 140 convenient store locations across Australia, you can securely pick up your Bahamian Dollars with no hassles.
Before getting carried away with wunderlust, check out the AUD to BSD chart above. By looking at the current state of the Aussie dollar to BSD exchange rate, you can find out the best time to visit the Bahamas. If you’re hoping the exchange rate might improve a little before you book your trip, sign up for currency alerts.
Bahamians love their banknotes and coins. Bahamas coins include 1c, 5c, 10c, 15c, 25c, $1 and $2, while Bahamas banknotes are available in $½, $1, $3, $5, $10, $20, $50 and $100 denominations.
Make sure you bring a roomy wallet to carry all your Bahamain currency.