Japanese Yen to Bahamian Dollar

The Japanese yen (international symbol: ¥, code: JPY, number 392) is the national currency of Japan and is in issuance continuously since 1871. The yen is on the list of world reserve currencies and used in the IMF system. Yen derives from the Japanese word “en”, meaning "round" it is also close to the Chinese "yuan".

One yen is subdivided into 100 “sen”. However, coins in denominations of less than one yen became invalid in the middle of the 20th century. Today “sen” can only be used in the format of mathematical calculations. The banknotes depict the intellectual elite of Japan, and not political figures.

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.