BBD to GBP

BBD - Barbadian Dollar ($)
GBP - British Pound (£)
1 BBD1 GBP

Currency conversion rates from BBD to GBP

BBDGBP
1 BBD1 GBP
5 BBD5 GBP
10 BBD10 GBP
20 BBD20 GBP
50 BBD50 GBP
100 BBD100 GBP
250 BBD250 GBP
500 BBD500 GBP
1000 BBD1000 GBP
2000 BBD2000 GBP
5000 BBD5000 GBP
10000 BBD10000 GBP
GBPBBD
1 GBP1 BBD
5 GBP5 BBD
10 GBP10 BBD
20 GBP20 BBD
50 GBP50 BBD
100 GBP100 BBD
250 GBP250 BBD
500 GBP500 BBD
1000 GBP1000 BBD
2000 GBP2000 BBD
5000 GBP5000 BBD
10000 GBP10000 BBD

BBD - Barbadian Dollar (BBD)

Barbadian Dollar

The Barbados Dollar (BBD) has been the currency of Barbados since 1935. The symbol used for the dollar is the same as the US Dollar ($). However, BDs$ is used to distinguish the BBD from other dollar currencies. The Barbados Dollar is subdivided into 100 cents.

The Barbados Dollar is the currency in Barbados (BB, BRB). The Barbados Dollar is also known as BDS. The symbol for BBD can be written Bds$. The Barbados Dollar is divided into 100 cents. The exchange rate for the Barbados Dollar was last updated on May 24, 2019 from Yahoo Finance. The BBD conversion factor has 2 significant digits.

Economy

  • The main industries in the economy are tourism and offshore investments.
  • Other income is from sugar and light manufacturing.
  • The Barbados economy is a service-driven economy, as well as an international business center.
  • The average growth rate for the Barbados economy ranges from 3.5% to 5%.
  • No substantial exports come from Barbados and the country relies largely on imports.
  • Barbados focuses on developing the service sector, from financial services to educational and health services.
  • Agriculture is mainly sugar cane farming. The main food crops are corn, sweet potatoes, eddos, yams, and cassava.
  • Construction is a secondary industry and is mainly due to tourism and residential growth.

History

  • Barbados formed part of the British Caribbean territories. The British Pound Sterling was adopted by Barbados in 1848.
  • After the Pound was adopted, the previous silver pieces continued to circulate, especially in the private sector.
  • The first dollar form of banknotes was issued in 1882.
  • In 1949, the British West Indies dollar was introduced, and Barbados was officially tied in with the British Eastern Caribbean islands.
  • In 1965, Barbados replaced the British West Indies Dollar with the Eastern Caribbean Dollar.
  • In 1972, the present Dollar was introduced by the Central Bank of Barbados.
  • Since 1975, the Barbados Dollar has been pegged to the United States Dollar at 2BDs$ = 1 USD.

More information about BBD - Barbadian Dollar (BBD)


GBP - British Pound (£)

The British pound is the currency of the United Kingdom. It is the fourth most traded currency, behind the US dollar, the Japanese yen, and the euro. It is also the third most held reserve currency in the world. The pound is the oldest currency still in existence today.

The official currency of the United Kingdom is the British Pound (GBP), which is used in Great Britain, British Overseas Territories, the South Sandwich Islands, and the British Antarctic Territory, as well as Tristan de Cunha. The Pound is divided into 100 pence. Another name used for the Pound is Sterling. The symbol for the Pound is £.

Pound Sterling is the currency in Channel Islands (Aldernay, Guernsey, Jersey, Sark), Isle of Man, and United Kingdom (England, Great Britain, Northern Ireland, Scotland, Wales, UK, GB, GBR). Pound Sterling is also known as the British Pound, the United Kingdom Pound, UKP, STG, the English Pound, British Pound Sterling, BPS, and Sterlings. Pound Sterling is divided into 100 pence. The exchange rate for Pound Sterling was last updated on Today from The International Monetary Fund. The GBP conversion factor has 6 significant digits.

Economy

  • The United Kingdom is rated as the sixth-largest economy in the world.
  • The main industries range from aerospace to financial services.
  • Export products are beverages, tobacco, fuels, manufactured goods, chemicals, and food.
  • Import products are foodstuffs, fuels, machinery, and manufactured goods.
  • Unemployment is estimated at 7.6%.

History

  • It is difficult to estimate when the Pound originated; but sources indicate that the Pound was already in circulation during the Anglo-Saxon period. During the medieval period the Tealby penny was circulated and was the standard unit used until the 20th century.
  • In 1552, silver coinage was introduced made of sterling silver.
  • In 1663, gold coinage was introduced. The silver coinage remained and was used for importing goods; gold was used for exporting goods. This made Britain a gold standard country.
  • The first paper money was issued in 1694, after the Bank of England was established.
  • In 1861, the gold standard was adopted again.
  • In 1914, after the outbreak of World War I, the gold standard was abandoned and treasury notes became legal tender.
  • In 1940, the Pound was pegged to the US Dollar and later became part of the Bretton Woods system.
  • In 1971, the Pound was changed to a free-floating currency.
  • In 1976, the country had a Sterling crisis.
  • In 1988, the UK Treasury instituted a policy whereby movements of the British Pound "shadowed" those of the German Mark.
  • In 1990, the UK became part of the European Exchange rate mechanism, but withdrew in 1992.
  • The UK had the option to adopt the Euro in 1999, but declined.

More information about GBP - British Pound (£)