AZN to BSD

AZN - Azerbaijani Manat ()
BSD - Bahamian Dollar ($)
1 AZN1 BSD

Currency conversion rates from AZN to BSD

AZNBSD
1 AZN1 BSD
5 AZN5 BSD
10 AZN10 BSD
20 AZN20 BSD
50 AZN50 BSD
100 AZN100 BSD
250 AZN250 BSD
500 AZN500 BSD
1000 AZN1000 BSD
2000 AZN2000 BSD
5000 AZN5000 BSD
10000 AZN10000 BSD
BSDAZN
1 BSD1 AZN
5 BSD5 AZN
10 BSD10 AZN
20 BSD20 AZN
50 BSD50 AZN
100 BSD100 AZN
250 BSD250 AZN
500 BSD500 AZN
1000 BSD1000 AZN
2000 BSD2000 AZN
5000 BSD5000 AZN
10000 BSD10000 AZN

AZN - Azerbaijani Manat (man.)

Azerbaijani Manat

The New Manat is the currency used in Azerbaijan. There were three Manat currencies issued. The 3rd issue replaced the previous Manat in 2006, with the the new Manat = 5 000 old Manat. There are similarities between the Euro and Manat banknotes; both were designed by Robert Kalina of Austria.

The Azerbaijani Manat is the currency in Azerbaijan (AZ, AZE). The Azerbaijani Manat is divided into 100 gopik. The exchange rate for the Azerbaijani Manat was last updated on May 24, 2019 from Yahoo Finance. The AZN conversion factor has 5 significant digits.

Economy

  • The main economic base of Azerbaijan is oil.
  • The Azerbaijan GDP grew by 41.7 in 2007 and was rated as the fastest-growing economy in the world.
  • Agriculture forms 6% of the economy, services 32 %, and industry the remainder.
  • The top industries are petroleum and petroleum products, cement, textiles, ore, iron, natural gas, cotton, and foodstuffs.
  • There is a restriction on non-citizens; they are not allowed to export the national currency outside of Azerbaijan.
  • The country has a low unemployment rate of 0.9%.
  • The main export is oil. Caspian oil is transported via pipeline to various Mediterranean countries.

History

  • The first Manat was issued 1919 and was in circulation until 1923. After Azerbaijan became part of the Soviet Socialist Republic, the Manat was known in Russia as the Ruble. Both languages were printed on the bank notes, as well as French. There were no coins or small denominations.
  • The Russian Ruble was replaced by the second Azerbaijan Manat in 1992.
  • The new Azerbaijan Manat introduced in 2006 is currently the national currency. Qəpik coins that went out of circulation between 1993 to 2006 were reintroduced.
  • At the end of 2006 the old Manat was taken out of circulation.

More information about AZN - Azerbaijani Manat (man.)


BSD - Bahamian Dollar (BSD)

Bahamian Dollar

The official currency for the Bahamas is the Bahamian Dollar. The $ symbol is used for the Bahamian Dollar; the symbol B$ is used to distinguish it from other Dollar currencies. The Dollar is divided into 100 cents and is pegged to the US Dollar at par.

The Bahamian Dollar is the currency in Bahamas (BS, BHS). The symbol for BSD can be written B$. The Bahamian Dollar is divided into 100 cents. The exchange rate for the Bahamian Dollar was last updated on May 24, 2019 from Yahoo Finance. The BSD conversion factor has 2 significant digits.

Economy

  • The Bahamas economy is dependent on the tourism and offshore banking industries.
  • The economy in the Bahamas is steady and stable.
  • Constructions for hotels and resorts is booming, due to the large influx of tourists.
  • The service industry contributes 90% of the total GDP. Agriculture and other industries account for the remainder.
  • Top industries in the Bahamas are oil, rum, pharmaceuticals, banking, salt, aragonite, and tourism.
  • Unemployment is estimated at 8%.
  • Export products are vegetables, fruit, salt, animal products, mineral products, and rum.
  • Import products are food, machinery, chemicals, and live animals.
  • Agriculture is a small portion of the economy and the country is trying to obtain investors to develop agriculture in the Bahamas.
  • Government spending is rated low and equals +/- 23% of the GDP.

History

  • In 1966, the Bahamian Dollar replaced the British Pound Sterling and coins were introduced.
  • In 1968, the Bahamas monetary authority started issuing paper money.
  • In 1974, the Central Bank of the Bahamas became the official supplier of Bahamian banknotes.
  • In 2005, the new version of the $10 banknote was introduced.
  • Shortly after the release of the $10 banknote, one of the serial numbers was counterfeited. A warning was sent to all bank authorities in the Bahamas to be aware of the counterfeit when accepting $10 bills.
  • Businesses in the Bahamas accept both the Bahamian Dollar and the US Dollar.

More information about BSD - Bahamian Dollar (BSD)