|ISO 4217 code||BSD| |Central bank||The Central Bank of The
Bahamas| |User(s)|| The Bahamas Turks and Caicos Islands
(alongside the United States dollar from 25 May 2013)
|Source||The World Factbook, (2007 est.)| |Pegged with||U.S.
dollar at par| |Freq. used||1, 5, 10, 25 cents| |Rarely used||15
cents, 50 cents, 1 dollar, 2 dollars, 5 dollars| |Freq.
used||$1, $5, $10, $20, $50, $100| |Rarely used||$1/2, $3| The
dollar (sign: $; code: BSD) has been the currency of The Bahamas
since 1966. It is normally abbreviated with the dollar sign $,
or alternatively B$ to distinguish it from other dollar-
denominated currencies. It is divided into 100 cents. The
Bahamian dollar is pegged to the U.S. dollar on a one-to-one
basis. The Central Bank of The Bahamas states that it uses
reserve requirements, changes in the Bank discount rate and
selective credit controls, supplemented by moral suasion as main
instruments of monetary policy, the objective of which is to
keep stable conditions, including credit, in order to mainta