BSD to SVC
BSD - Bahamian Dollar ($)
SVC - Salvadoran Colon ($)Currency conversion rates from BSD to SVC
| BSD | SVC |
| 1 BSD | 1 SVC |
| 5 BSD | 5 SVC |
| 10 BSD | 10 SVC |
| 20 BSD | 20 SVC |
| 50 BSD | 50 SVC |
| 100 BSD | 100 SVC |
| 250 BSD | 250 SVC |
| 500 BSD | 500 SVC |
| 1000 BSD | 1000 SVC |
| 2000 BSD | 2000 SVC |
| 5000 BSD | 5000 SVC |
| 10000 BSD | 10000 SVC |
| SVC | BSD |
| 1 SVC | 1 BSD |
| 5 SVC | 5 BSD |
| 10 SVC | 10 BSD |
| 20 SVC | 20 BSD |
| 50 SVC | 50 BSD |
| 100 SVC | 100 BSD |
| 250 SVC | 250 BSD |
| 500 SVC | 500 BSD |
| 1000 SVC | 1000 BSD |
| 2000 SVC | 2000 BSD |
| 5000 SVC | 5000 BSD |
| 10000 SVC | 10000 BSD |
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)
SVC - Salvadoran Colón (₡)
Salvadoran Colón
The United States Dollar is one of the most widely utilized currencies around the globe, both as an official currency and for international trade outside US borders. The Dollar is divided into 100 units called pennies or cents.
The El Salvador Colon is the currency in El Salvador (SV, SLV). The El Salvador Colon is divided into 100 centavos. The exchange rate for the El Salvador Colon was last updated on Today from The International Monetary Fund. The SVC conversion factor has 6 significant digits.
Economy
- The United States of America has a mixed capitalist economy, which is fueled by abundant natural resources, a well-developed infrastructure, and high productivity.
- According to the International Monetary Fund, the U.S. GDP of $15 trillion constitutes 23% of global GDP to exchange rates and market more than 20% of global GDP in purchasing power parity.
- Although larger than any other nation, its GDP is 5% smaller than the GDP of the European Union in purchasing power parity in 2008.
- The country ranks ninth in the world in nominal GDP per capita and sixth in GDP per capita in PPP. The United States Dollar is the main global reserve currency.
History
- The first Dollar coin issued by the United States Mint was similar in size and composition to the Spanish Dollar. The Spanish Dollar remained legal until 1857.
- The United States Dollar was defined by the Coinage Act of 1792.
- The lion Dollar was popular in the Dutch New Netherlands Colony (New York), but also circulated throughout the English colonies during the 17th century and 18th centuries. Examples of this Dollar circulating in the colonies were usually used so that the design was not fully distinguishable, so it is sometimes referred to as “dog dollars”.
- The early currency did not display faces of the presidents, as it does now. George Washington did not want his face to be on the currency.