The official currency of the Bahamas is Bahamian Dollar (B$) divided into 100 cents.
Notes come in the following denominations: B$100, B$50, B$20, B$10, B$5, B$3, B$1, and 50 cents. Coins are in denominations of 25, 15, 10, 5 and 1 cents.
Bahamian dollar is tied to the US dollar at a 1:1 rate. US dollar is also accepted as a legal tender.
Foreign Currency Exchange
Travelers visiting from the United States do not need to exchange money since they can use US dollars. Other currencies can be exchanged at banks, exchange offices and many hotels. Travelers from countries other than the US should consider changing their money to US dollars before visiting Bahamas.
Bahamian dollars are very difficult to exchange outside of Bahamas (or they will be exchanged at a very low rate), so if you happen to have some, make sure you spend all of them before you leave.
Automated Teller Machines (ATM's) are available throughout Nassau, Paradise Island and Freeport, but they may be difficult to find in the smaller islands. The machines operate on international networks such as Plus and Cirrus and they generally accept Visa, MasterCard and American Express. Most ATM's will only dispense Bahamanian dollars with the exception of ATM's at the casinos and near the Tourist Information Area, that dispense US dollars.
Major credit cards, like American Express, Diners Club, MasterCard and Visa, are widely accepted throughout most of the Bahamas, especially in the tourist areas, but in some smaller islands cash is the only option to pay for purchases.
Traveler's checks are accepted in banks, most resorts and tourist restaurants. Some hotels will charge a small fee for cashing the checks. To avoid exchange fees, travelers should have the checks in US dollars.
Banks are typically open from 9:30am to 3:00pm (Monday to Thursday) and 9:30am to 5:00pm (Friday).
Current U.S. Dollar Rates
For other currencies or conversion amounts go to Currency Converter
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