Introduced in 1966, the Bahamian Dollar (BSD) replaced the Bahamian Pound and is pegged 1:1 with the US Dollar, reflecting the close economic relationship between the Bahamas and the United States. This pegged system ensures stability for the Bahamas’ vital tourism and offshore banking sectors. One unique aspect of the Bahamian Dollar is its colorful banknotes, which feature native wildlife and iconic Bahamian landmarks, celebrating the nation’s rich biodiversity and cultural heritage.

An interesting tidbit about the Bahamian Dollar is its use of the starfish on the one-cent coin, a charming reminder of the country’s vibrant marine life. This emphasis on native fauna is mirrored in the country’s sustainable tourism efforts, which seek to protect these marine ecosystems while promoting their natural beauty to visitors worldwide.