Convert New Zealand Dollar to Bahamian Dollar
Please provide values below to convert New Zealand Dollar [NZD] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to New Zealand Dollar.
How to Convert New Zealand Dollar to Bahamian Dollar
1 NZD = 1.669 BSD
Example: convert 15 NZD to BSD:
15 NZD = 15 × 1.669 BSD = 25.035 BSD
New Zealand Dollar to Bahamian Dollar Conversion Table
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.