barbados dollar

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barbados dollar

The tourist exchanges some Barbados dollars at the airport counter.

Definition
  1. Noun:
    • The basic unit of money in Barbados: The Barbados dollar is the official currency of the Caribbean island nation of Barbados. It is the standard monetary unit used for all financial transactions within the country.
Usage
  • The Barbados dollar is used to price goods and services, denote debts, and store value within Barbados.
  • Its value fluctuates against other international currencies.
  • The currency code is and it is often symbolized as or simply in local contexts.
Examples
  • Noun:
    • The price of the souvenir was twenty Barbados dollars.
    • You will need to exchange your US dollars for Barbados dollars upon arrival.
    • The central bank is responsible for issuing the Barbados dollar.
Advanced Usage
  • "pegged to": The value of the Barbados dollar has been historically pegged (fixed) to another currency, specifically the US dollar.
    • The Barbados dollar has been pegged to the US dollar at a fixed rate for decades.
Variants and Related Words
  • Dollar (n): A general term for the basic monetary unit of several countries, including the US, Canada, and Australia. The Barbados dollar is a specific type of dollar.
  • Cent (n): A subdivision of the Barbados dollar. One Barbados dollar is equal to 100 cents.
    • The coin is worth ten cents of a Barbados dollar.
Synonyms
  • BBD: The official three-letter currency code for the Barbados dollar.
  • Bds$: A common symbol used to represent the Barbados dollar to distinguish it from other dollar-denominated currencies.
Related Phrases
  • Currency exchange: The process of converting one currency, like the Barbados dollar, into another.
    • The hotel offers a currency exchange service for Barbados dollars.
  • Exchange rate: The value of one currency, such as the Barbados dollar, in terms of another.
    • What is the current exchange rate for the Barbados dollar to the euro?
barbados dollar

The tourist exchanges some Barbados dollars at the airport counter.

Noun
  1. the basic unit of money in Barbados

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