Convert Bahamian Dollar to Dominican Peso
Please provide values below to convert Bahamian Dollar [BSD] to Dominican Peso [DOP], or Convert Dominican Peso to Bahamian Dollar.
How to Convert Bahamian Dollar to Dominican Peso
1 BSD = 0.016569733724379 DOP
Example: convert 15 BSD to DOP:
15 BSD = 15 × 0.016569733724379 DOP = 0.248546005865686 DOP
Bahamian Dollar to Dominican Peso Conversion Table
| Bahamian Dollar | Dominican Peso |
|---|
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.