COP to BSD

COP - Colombian Peso ($)
BSD - Bahamian Dollar ($)
1 COP1 BSD

Currency conversion rates from COP to BSD

COPBSD
1 COP1 BSD
5 COP5 BSD
10 COP10 BSD
20 COP20 BSD
50 COP50 BSD
100 COP100 BSD
250 COP250 BSD
500 COP500 BSD
1000 COP1000 BSD
2000 COP2000 BSD
5000 COP5000 BSD
10000 COP10000 BSD
BSDCOP
1 BSD1 COP
5 BSD5 COP
10 BSD10 COP
20 BSD20 COP
50 BSD50 COP
100 BSD100 COP
250 BSD250 COP
500 BSD500 COP
1000 BSD1000 COP
2000 BSD2000 COP
5000 BSD5000 COP
10000 BSD10000 COP

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)


COP - Colombian Peso ($)

The Colombian peso is the official currency of Colombia. It is most commonly exchanged with the US dollar (USD). The currency code for the peso is COP. The peso’s official symbol is $. For clarity, the currency code is sometimes abbreviated as COL$. Peso means ‘weight’ or ‘pound’ in Spanish, after the British pound. Colombians may refer to the peso colloquially as ‘plata’, meaning silver; ‘billete’, meaning ticket; ‘biyuyo’; ‘lucas’; or ‘marmaja’.

The Colombian Peso (COP) has been the official currency of Colombia since 1837. The symbol used for the Peso is $. Banknotes are issued by the Banco de la Republica. A subdivision of the Peso is the centavo; 1 peso = 100 centavos.

The Colombian Peso is the currency in Colombia (Columbia, CO, COL). The symbol for COP can be written Col$. The Colombian Peso is divided into 100 centavos. The exchange rate for the Colombian Peso was last updated on Today from The International Monetary Fund. The COP conversion factor has 6 significant digits.

Economy

  • Colombia has a free-market economy.
  • The country exports petroleum, cut flowers, nickel, coal, emeralds, bananas, and coffee.
  • The main import products are consumer goods, fuel, paper, chemicals, coffee, and apparel.
  • The unemployment rate is 11.2%.
  • Colombia has been showing positive growth over the last three years.
  • The service industry accounts for 52.7% of the total GDP.

History

  • The first was Peso was issued in 1837, replacing the Real at a rate of 8 Reales = 1 Peso.
  • In 1847, the currency was decimalized and 1 Peso = 10 Reales.
  • In 1871, Colombia became part of the gold standard and the country pegged the peso to the French Franc at 5 French Francs = 1 Peso.
  • After 1888, the Peso started to depreciate, due to increased printing costs.
  • From 1907 to 1914 Peso coins were issued at a fixed rate of 1 coinage Peso = 100 Pesos Moneda Corriente.
  • In 1915, the new Peso Oro paper currency was introduced replacing old paper Pesos, also at the rate of 1 Peso Oro = 100 old Pesos.
  • In 1931, Colombia changed its peg to the US Dollar at 1 USD = 1.05 Pesos.
  • In 1993, the word Oro was removed and the currency is now known as the Peso.
  • The Colombian government is debating whether to reintroduce a new Peso that is worth 1,000 old Pesos.

More information about COP - Colombian Peso ($)