Barbados Currency Is Dollars, Of Course It Is

The national currency of the Caribbean Island of Barbados is of course dollars. By dollars I mean Barbados dollars, but US dollars are just as equally accepted on this island, in all the years I have been coming hear I have yet to have a shop refuse to accept US dollars from me.

The Barbados dollar is actually pegged to the USA dollar at a fixed rate of $1.98 BDS to $1.00 U.S, as you can see it is fairly easy to keep track of what you are spending whichever dollars you are using. The beauty of the Barbados currency is that each note is a different colour, which makes it a very simple task identifying the value of each note. The bank notes that are currently in circulation are as follows, one hundred dollars, fifty dollars, twenty dollars, ten dollars, five dollars and finally two dollars. The coins that are in circulation are as follows, dollar coin, twenty five cents, ten cents, five cents and one cent

Each of the dollar bills of Barbados features the face of well know Bajans, the one hundred dollar bill features Sir Gantley Herbert Adams who  was the first Premier of Barbados as the island proceded towards self- governance and whom the airport is named after, the fifty dollar bill has Errol Walton Barrow who was the first Prime Minister of Barbados, the twenty dollar is of Samuel Jackman Prescod who was the first person of African descent to elected to the Parliament of Barbados in 1843, the ten dollar bill features Charles Duncan O’Neal who was a physician and political figure, the five dollar bill has Sir Frank Worrel the famous crickiter  on it and the one dollar bill has John Redman Bovell who was the superintendant of Agriculture of Barbados on it.

Visitors to Barbados can easily exchange money at any bank as long as you produce your passport and ticket. There are also numerous ATM machines on the island, but these are mainly located in Bridgetown and on the South and West coast of the island, you may however be struggling to find a machine on the east coast of the island, there is seemingly only one.

I have travelled to many different countries over the years and understanding and getting use to the currency of certain countries was a wee bit difficult and confusing. I’m glad that I can honestly say that I have found it a breeze to get use to using money in Barbados, whether it is Barbados Dollars or US dollars it is not it the slightest bit confusing.

3 Interesting Facts About Barbados Money:

1. Barbados banknotes are actually made in England by Da La Rue Currency and the coins made by the Royal Canadian Mint in Ontario, Canada.

2. There is a maximum amount of coins that retailers are obliges to accept as payment for an item and that is 10 dollars.

3. Just like the banknotes, the images on the coins all have a historical or cultural significance.

For some more essential travel information relating to Barbados, why not read the  following articles that I wrote  Where Is Barbados, Well Let Me Educate You! and Barbados A Caribbean Island Paradise.

September 1, 2008 | Filed Under Barbados Essential Info 

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