Convert Barbadian Dollar to United States Dollar
Please provide values below to convert Barbadian Dollar [BBD] to United States Dollar [USD], or Convert United States Dollar to Barbadian Dollar.
How to Convert Barbadian Dollar to United States Dollar
1 BBD = 2 USD
Example: convert 15 BBD to USD:
15 BBD = 15 × 2 USD = 30 USD
Barbadian Dollar to United States Dollar Conversion Table
| Barbadian Dollar | United States Dollar |
|---|
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.