bahamian dollar

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bahamian dollar

The tourist exchanges his U.S. dollars for Bahamian dollars at the airport.

Definition
  1. Noun:
    • The basic unit of money in the Bahamas: The Bahamian dollar is the official currency of the Commonwealth of The Bahamas. It is subdivided into 100 cents.
Usage
  • The Bahamian dollar is used for all financial transactions within The Bahamas.
  • Its value is pegged 1:1 with the United States dollar, and US currency is often accepted interchangeably in the Bahamas.
Examples
  • Noun:
    • The price for the souvenir was ten Bahamian dollars.
    • You can exchange your euros for Bahamian dollars at the airport.
Advanced Usage
  • "The Bahamian dollar is pegged to...": This phrase is used in economic contexts to describe the fixed exchange rate policy.
    • The Bahamian dollar is pegged to the US dollar, which helps maintain price stability.
Variants and Related Words
  • BSD: The three-letter currency code (ISO 4217) for the Bahamian dollar.
    • The transaction was listed in BSD.
  • Cent: The subdivision of the Bahamian dollar.
    • The coin is worth five cents.
Synonyms
  • Bahamian currency: A general term for the money used in The Bahamas.
  • BSD: The official financial abbreviation.
Related Phrases
  • Dollar for dollar: Often used to emphasize the 1:1 parity with the US dollar.
    • It's a dollar-for-dollar exchange with the US currency.
bahamian dollar

The tourist exchanges his U.S. dollars for Bahamian dollars at the airport.

Noun
  1. the basic unit of money in the Bahamas

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