Convert Saudi Riyal to Bahamian Dollar
Please provide values below to convert Saudi Riyal [SAR] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Saudi Riyal.
How to Convert Saudi Riyal to Bahamian Dollar
1 SAR = 3.75 BSD
Example: convert 15 SAR to BSD:
15 SAR = 15 × 3.75 BSD = 56.25 BSD
Saudi Riyal to Bahamian Dollar Conversion Table
| Saudi Riyal | Bahamian Dollar |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.