Bahamas: Coins Issued and Used

Showing only circulating coin types (regular coinage plus circulating commemoratives).

Bahamas (1973 - )
Information about what currencies were issued by Bahamas, with lists of coinage, as well as periods when foreign-issued currencies were used.
Currency: Bahamian Dollar. Used in Bahamas: (1966 - present)
CurrencyBahamian Dollar
PeriodBahamian Dollar
Used1966 - present
Description

The dollar (sign: $; code: BSD) has been the currency of The Bahamas since 1966. It is normally abbreviated with the dollar sign $, or alternatively B$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

The dollar replaced the pound at a rate of 1 dollar = 7 shillings in 1966. This rate allowed the establishment of parity with the U.S. dollar, due to the sterling/dollar rate then being fixed at £1 = $2.80. To aid in decimalisation, three-dollar bills and fifteen-cent coins were created, as three dollars was roughly equivalent to one pound, and fifteen cents to a shilling, at the time of transition.

In 1966, coins were introduced in denominations of 1, 5, 10, 15, 25, 50 cents, 1 and 2 dollars. The 1 cent was struck in nickel-brass, the 5, 10, and 15 cent in cupronickel, the 25 cent in nickel, and the 50 cent and 1 dollar in silver. The 10 cent was scallop shaped, whilst the 15 cent was square. Silver coins were not issued for circulation after 1966. Bronze replaced nickel-brass in the 1 cent in 1970, followed by brass in 1974 and copper-plated zinc in 1985. In 1989, cupro-nickel 50 cent and 1 dollar coins were issued for circulation, although they did not replace the corresponding banknotes.

The current 1 cent coin is about the size of a U.S. dime, the 5 and 25 cent coins are about the same size as their U.S. counterparts but with different metal compositions. The 15 cent coins are still produced by the Central Bank but are not commonly used. The Bahamas gained independence from Great Britain on 10 July 1973. The effigy of Queen Elizabeth II, which had been employed up to that date, was replaced by the Coat of Arms of the islands on later coinage; all coins now bear the Bahamian Coat of Arms with the words "Commonwealth of The Bahamas" and the date. The reverses of the coins show objects from Bahamian culture with the value of the coins in words. The 1 cent has three starfish, the 5 cent a pineapple, the 10 cent two bonefish, the 15 cent a hibiscus, and the 25 cent a native sloop.

One Cent
36 coins (1966 - 2014)
Coin NameMintage
One Cent 1966 7,087,000
One Cent 1968 800,000
One Cent 1969 4,046,481
One Cent 1970 148,000
One Cent 1971 1,038,000
One Cent 1972 1,072,000
One Cent 1973 8,075,000
One Cent 1974 176,000
One Cent 1975 92,845
One Cent 1976 84,453
One Cent 1977 3,071,713
One Cent 1978 67,698
One Cent 1979 unknown
One Cent 1980 4,002,084
One Cent 1981 5,001,980
One Cent 1982 5,001,217
One Cent 1983 8,001,020
One Cent 1984 unknown
One Cent 1985 12,007,500
One Cent 1987 12,000,000
One Cent 1989 12,000,000
One Cent 1990 unknown
One Cent 1991 unknown
One Cent 1992 unknown
One Cent 1995 unknown
One Cent 1996 unknown
One Cent 1997 unknown
One Cent 1998 unknown
One Cent 1999 unknown
One Cent 2000 unknown
One Cent 2001 unknown
One Cent 2004 unknown
One Cent 2006 unknown
One Cent 2007 unknown
One Cent 2009 unknown
One Cent 2014 unknown