CDF to BSD

CDF - Congolese Franc (FC)
BSD - Bahamian Dollar ($)
1 CDF1 BSD

Currency conversion rates from CDF to BSD

CDFBSD
1 CDF1 BSD
5 CDF5 BSD
10 CDF10 BSD
20 CDF20 BSD
50 CDF50 BSD
100 CDF100 BSD
250 CDF250 BSD
500 CDF500 BSD
1000 CDF1000 BSD
2000 CDF2000 BSD
5000 CDF5000 BSD
10000 CDF10000 BSD
BSDCDF
1 BSD1 CDF
5 BSD5 CDF
10 BSD10 CDF
20 BSD20 CDF
50 BSD50 CDF
100 BSD100 CDF
250 BSD250 CDF
500 BSD500 CDF
1000 BSD1000 CDF
2000 BSD2000 CDF
5000 BSD5000 CDF
10000 BSD10000 CDF

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)


CDF - Congolese Franc (CDF)

Congolese Franc

The official currency of the Democratic Republic of Congo is the Congolese Franc (CDF). The symbol for the Franc is FC. The Franc is subdivided into 100 centimes. There were two editions of the Franc; the second edition is the new Congolese Franc.

The Franc Congolais is the currency in Congo (CD, COD). The Franc Congolais is divided into 100 centimes. The exchange rate for the Franc Congolais was last updated on May 24, 2019 from Yahoo Finance. The CDF conversion factor has 5 significant digits.

Economy

  • The Democratic Republic of Congo has a vast amount of mineral and other natural resources. The estimated value of the untapped raw material is +/- 24 trillion USD.
  • Agriculture accounts for 57% of the GDP. Products of the agriculture industry are rubber, tea, cotton, sugar, palm oil, and coffee.
  • The Congo relies on the mining industry.
  • The main industries are consumer products, mining, cement, and commercial ship repair.
  • Export products are crude oil, wood products, coffee, copper, gold, diamonds, and cobalt.
  • Import products are transportation equipment, mining and other machinery, and food.
  • There is a lot of economy activity in the informal sectors that is not included in the GDP.
  • The first and second wars that took place in the 1960s negatively impacted the economy.
  • The government is establishing economic zones to help get the industrial sector started.

History

  • The first Franc was introduced in 1887. It had the same value as the Belgian Franc.
  • In 1916, the Congolese Franc also circulated in the countries of Burundi and Rwanda; however, they later issued their own Franc.
  • In 1967, Congo declared independence and the Franc was replaced with the Zaire at 1,000 Francs = 1 Zaire.
  • In 1997, the Franc was re-introduced and the Zaire was eliminated. The exchange rate was 100,000 new Zaires = 1 Franc.
  • In 2010, the Central Bank printed commemorative notes to celebrate the 50th anniversary of the country’s independence from Belgium.

More information about CDF - Congolese Franc (CDF)