ISO 4217 | |
---|---|
Code | BBD (numeric: 052) |
Subunit | 0.01 |
Unit | |
Symbol | $, BB$,[1] BBD$, BDS$ |
Denominations | |
Banknotes | $2, $5, $10, $20, $50, $100 |
Coins | |
Freq. used | 5¢, 10¢, 25¢, $1 |
Demographics | |
User(s) | Barbados |
Issuance | |
Central bank | Central Bank of Barbados |
Website | www |
Valuation | |
Inflation | 2.2% |
Source | Central Bank of Barbados, January 2022. |
Pegged with | US$1=BBD$2 |
The dollar has been the currency of Barbados since 1935[citation needed]. Globally its currency has the ISO 4217 code BBD,[2][3] however, unofficially in Barbados the International vehicle registration code BDS is also commonly used,[notes 1][notes 2] a currency code that is otherwise reserved for Bangladesh (ISO 3166-1 country code BD) outside Barbados.[6] As such the present Barbados dollar has the official ISO 4217 code of BB which matches the [dot] .bb Cc-TLD domain names classification for Barbados under ISO 3166, plus D for dollar in the foreign exchange market. The Barbadian dollar is considered as a currency which can be divided into 100 cents, though the 1 cent coin is in the process of being phased out.
The alphabetic code is based on another ISO standard, ISO 3166, which lists the codes for country names. The first two letters of the ISO 4217 three-letter code are the same as the code for the country name, and, where possible, the third letter corresponds to the first letter of the currency name.
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