Convert New Zealand Dollar to Barbadian Dollar
Please provide values below to convert New Zealand Dollar [NZD] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to New Zealand Dollar.
How to Convert New Zealand Dollar to Barbadian Dollar
1 NZD = 0.8345 BBD
Example: convert 15 NZD to BBD:
15 NZD = 15 × 0.8345 BBD = 12.5175 BBD
New Zealand Dollar to Barbadian Dollar Conversion Table
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.