Convert Brazilian Real to Bahamian Dollar
Please provide values below to convert Brazilian Real [BRL] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Brazilian Real.
How to Convert Brazilian Real to Bahamian Dollar
1 BRL = 5.567 BSD
Example: convert 15 BRL to BSD:
15 BRL = 15 × 5.567 BSD = 83.505 BSD
Brazilian Real to Bahamian Dollar Conversion Table
| Brazilian Real | Bahamian Dollar |
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Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.