Convert Canadian Dollar to Bahamian Dollar
Please provide values below to convert Canadian Dollar [CAD] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Canadian Dollar.
How to Convert Canadian Dollar to Bahamian Dollar
1 CAD = 1.3625 BSD
Example: convert 15 CAD to BSD:
15 CAD = 15 × 1.3625 BSD = 20.4375 BSD
Canadian Dollar to Bahamian Dollar Conversion Table
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.