Convert Philippine Peso to Bahamian Dollar
Please provide values below to convert Philippine Peso [PHP] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Philippine Peso.
How to Convert Philippine Peso to Bahamian Dollar
1 PHP = 56.9423 BSD
Example: convert 15 PHP to BSD:
15 PHP = 15 × 56.9423 BSD = 854.1345 BSD
Philippine Peso to Bahamian Dollar Conversion Table
| Philippine Peso | Bahamian Dollar |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.