Australian Dollar to Bahamian Dollar

The Australian dollar (symbol: $ ,code: AUD, number 036) is used in Australia, as well as on the Islands of Norfolk, Christmas Island, the Cocos Islands, in Nauru, Tuvalu and Kiribati. It is subdivided into 100 cents. $/A$/AU$ and other abbreviations are used.

The currency was introduced in 1966 to replace the Australian pound. Traditionally, coins and some banknotes depict portraits of the queen Elizabeth II as well as representatives of the fauna of the continent and famous people.

The Bahamian dollar (sign B$, code BSD) is used for payment in the Bahamas. Cent is used as change for the Bahamian dollar. Every BSD has 100 cents.

The currency has been introduced into circulation in 1966. Before that, pound sterling was used as the currency. There is an agreement signed between the Bahamas and the USA that allows to use both currencies on the territory of the island. Thus, tourists, who come on vacation, can use the American dollar to pay for services and purchases.