Convert Hong Kong Dollar to Bahamian Dollar
Please provide values below to convert Hong Kong Dollar [HKD] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Bahamian Dollar
1 HKD = 7.8498 BSD
Example: convert 15 HKD to BSD:
15 HKD = 15 × 7.8498 BSD = 117.747 BSD
Hong Kong Dollar to Bahamian Dollar Conversion Table
Hong Kong Dollar | Bahamian Dollar |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.