- Monetary unit:
- the Country code:
- Barbados, Republic
- Dollar Barbados
- of 430 sq. km
- English (state)
- BB (BRB) 052
Monetary unit of Barbados is the dollar - to equal 100 cents.
A nominal number of the native currency of Barbados is presented by notes of denomination of 2, 5, 10, 20, 50 and 100 dollars Barbados. As the emitter the National bank of Barbadossa, and also six its branches and world banks acts.
In territory of Barbados the West India dollar replaced in October, 1965 with an east caribbean dollar addressed. On December, 3rd, 1973 instead of an east caribbean dollar the dollar Barbados on a parity 1:1 is entered. On March, 31st, 1974 Barbados left the East Caribbean management of monetary circulation. Since June, 2nd, 1975 the binding of a dollar Barbados to pound sterling (4,80 Barbados dollars = 1 pound sterling) is cancelled and the solid parity with US dollar - 2 Barbados dollars = 1 US dollars is positioned.
On face side of a denomination of denomination in 5 dollars and the size 150 x 65 mm the portrait of sir Frank Uorell Springer is seated. On the back the plotting of a building of parliament in Bridgetown is possessed. As the protective
Element the watermark in the form of a map of the city is put. The protective thread is on the left side from the center
On face side of a denomination of denomination in 10 dollars and the size 150 x 65 mm is portrait Charles Duncan O'Neal. On the back notes - the plotting of a building of parliament in Bridgetown. The note has the following
Protection frames from a fake: a watermark in the form of a map of Barbados and the protective thread which is passing on the right side
From the denomination center.
Besides the domestic currency, in Barbados use is authorised
American and Canadian dollars. Importation and exportation of national money is not supposed. Free importation Is authorised
Foreign currency (to 10 000 American dollars). As to exchange within the country it does not make special work. Money varies in
Business banks, exchange offices and hotels.
In many hotels, restaurants and shops it is possible to pay traveller's cheques and credit cards. In
Small cities not always it is possible to use credit cards, basically there accept cash
It is updated 05.2012