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Where can I use the Bahamian Dollar?

The Bahamian Dollar is the official currency of The Bahamas. Established in 1966, it’s usually abbreviated to BSD with the dollar sign $ or B$ to distinguish it from the US Dollar.

How much spending money do I need for the Bahamas?

You’re going to The Bahamas! Lucky you. Famed for its stunning subtropical islands and clear water, the Bahamas also has a reputation for being an expensive place to holiday. According to Numbeo’s regularly updated cost of living survey, the Bahamas is the 8th most expensive country in the world.

As with anywhere, it’s still possible to see the best of the Bahamas on a budget – prices will depend on where you are in the country and which type of eateries and accommodation you choose.

Here’s a rough breakdown of how much things cost in the Bahamas:

  • Beer: BSD$5-8/£3.80-6.20
  • Cappuccino (regular): BSD$4.64/£3.55
  • Imported Beer (0.33 liter bottle): BSD$5/£3.83
  • Bottle of wine in mid-range bar/restaurant: BSD$15-30/£11.50-£23
  • Midrange hotel: BS$150-300/£113-230
  • Bahamian rum cocktail: BS$10/£7.67

Budget your Bahamas trip

From the pink sand beaches, museums, nightlife of Nassau to getting the ultimate selfie on Pig Island, there’s so much to see and do across this spectacular archipelago of 700 islands. The Bahamas is one of the world’s premier destinations for scuba diving and snorkeling, so a bucket-list activity is taking to the crystal clear water to admire the variety of marine life, coral reefs and shipwrecks.

Low budget

Medium budget

High budget

Overall budget for 1 week pp: $2000 Overall budget for 1 week pp: BS$2100-$4200 Overall budget for 1 week pp: More than $4300

Food, drink & accommodation in budget

  • Conch meal: BS$12-20
  • Cheap hotel room: BS$100–150
  • Beer: BS$5-8
  • Coffee: BS$3-5
  • Bottle of water from supermarket: BSD$1.50-3


Food, drink & accommodation in budget

  • Midrange hotel: BS$150-300
  • Two-course dinner with wine: BS$50-70
  • Cocktail: BS$10

Food, drink & accommodation in budget

  • Luxury hotel: from BS$400
  • Meal at top restaurant with wine: BS$100-150
  • Cocktail: BS$10

Activities in budget

  • Lounging on beautiful beaches: free
  • Public transport ride: BS$1.25
  • Museum entry: BS$5–10 

Activities in budget

  • Half-day kayaking/snorkeling tour: BS$70
  • Car rental: BS$55-85

Activities in budget

  • Sailing/parasailing tour: BS$300
  • Diving with two tanks: BS$100-300
  • Half-day fishing charter: BS$500
  • Interisland flight: from $100

What denominations do Bahamian Dollars come in?

The Bahamian Dollar comes in the following coins/denominations:

1c, 5c, 10c, 15c, 25c, 50c, $1, $2 

½$, 1$, 3$, 5$, 10$, 20$, 50$, 100$

Leftover Bahamian Dollars?

No problem. We’ll buy back any Bahamian Dollars you have leftover at excellent rates, leaving you with more cash in your pocket (and a tidier desk drawer).

Bahamian Dollar FAQs

Are things expensive in the Bahamas?

The Bahamas has a reputation for being one of the world’s most expensive country, with luxury hotels and restaurants in abundance across the country. If you want to experience everything the country has to offer, it’s best to budget more than $BSD 500 a day, but if you eat like a local and sample free beach life you could get by on a budget of less than $BSD300 for food and accommodation.

Can I use the US Dollar (USD) in the Bahamas?

While BSD is the official currency, US Dollars (US$) are commonly accepted throughout the country.

Can I use Eastern Caribbean Dollars in the Bahamas?

Eastern Caribbean Dollar is not accepted in the Bahamas. It is the official currency used in Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Nevis, St. Lucia, St. Kitts, St. Vincent and the Grenadines. The Bahamian Dollar and the US Dollar are widely accepted in the Bahamas, so we recommend carrying either Bahamian Dollars or a combination of Bahamian Dollars and US Dollars during your time there.

Should I use cash or card in the Bahamas?

While the use of card payments is certainly on the rise in the Bahamas, lots of shops, bars and restaurants still accept mainly cash so we we always recommend carrying a good amount of cash with you.

How much should I tip in the Bahamas?

Waiters and hotel staff expect to be tipped in the Bahamas. A rough guideline is as follows:

  • Restaurants: 15% (restaurants usually add a 15% tip automatically to your bill so check before you pay)
  • Taxis: 15%
  • Porters: BD$1-2 per bag
  • Hotel maids: BD$1-3 per day

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