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Barbadian dollar information


Barbadian dollar
A Series 2022 Barbadian 100 dollar bill and a selection of coins, ranging from $1 to 5¢
ISO 4217
CodeBBD (numeric: 052)
Subunit0.01
Unit
Symbol$,‎ BB$,[1] BBD$, BDS$
Denominations
Banknotes$2, $5, $10, $20, $50, $100
Coins
 Freq. used5¢, 10¢, 25¢, $1
Demographics
User(s)Barbadian dollar Barbados
Issuance
Central bankCentral Bank of Barbados
 Websitewww.centralbank.org.bb
Valuation
Inflation2.2%
 SourceCentral Bank of Barbados, January 2022.
Pegged withUS$1=BBD$2

The dollar has been the currency of Barbados since 1935[citation needed]. Globally its currency has the ISO 4217 code BBD,[2][3] however, unofficially in Barbados the International vehicle registration code BDS is also commonly used,[notes 1][notes 2] a currency code that is otherwise reserved for Bangladesh (ISO 3166-1 country code BD) outside Barbados.[6] As such the present Barbados dollar has the official ISO 4217 code of BB which matches the [dot] .bb Cc-TLD domain names classification for Barbados under ISO 3166, plus D for dollar in the foreign exchange market. The Barbadian dollar is considered as a currency which can be divided into 100 cents, though the 1 cent coin is in the process of being phased out. In terms of population, Barbados is the third smallest country in the world after Tonga and the Seychelles to have an independent currency and monetary policy.[1]

  1. ^ "Barbados Customs, Currency & Airport Tax regulations summary". IATA. 12 December 2023. Retrieved 12 December 2023.
  2. ^ "Barbados Dollar". Oanda. Retrieved 12 December 2023.
  3. ^ "BBD - Barbadian or Bajan Dollar". Xe. Retrieved 12 December 2023.
  4. ^ "Popular standards ISO 4217 Currency codes". International Organization for Standardization (ISO. Retrieved 12 December 2023.
  5. ^ "Exchange Rates". Central Bank of Barbados. Retrieved 26 January 2022.
  6. ^ Staff writer (2015). "ISO 4217 - Currency Codes". www.iso.org. International Organisation for Standardisation. Retrieved 27 June 2022. The alphabetic code is based on another ISO standard, ISO 3166, which lists the codes for country names. The first two letters of the ISO 4217 three-letter code are the same as the code for the country name, and, where possible, the third letter corresponds to the first letter of the currency name.


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