Currency Rate
Belize Dollar to USD
Our Currency Rate BZD latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the BZD. We provide comprehensive information to meet all your financial needs effectively.
Buying rate
BZD 0.445024
Selling rate
BZD0.563660
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The Belize dollar (symbol: $; code: BZD) is the official currency of Belize, pegged 2:1 to the US dollar.
Currency Details
- Country code BZ
- Symbol BZD
- ISO Code BZD
- Subunits 1 Dollar = 100 Cents
Coins
- 1 cent
- 5 cents
- 10 cents
- 25 cents
- 50 cents
- 1 dollar
Banknotes
- 2 dollars
- 5 dollars
- 10 dollars
- 20 dollars
- 50 dollars
- 100 dollars
The Belize Dollar, commonly abbreviated as BZD, is the official currency of Belize. Known locally as the "dollar," the BZD is symbolized as "$" or "BZ$." Introduced in 1973, the Belize dollar replaced the British Honduras dollar, reflecting Belize's transition to an independent nation.
History and Background
The Belize Dollar was introduced on March 1, 1973, replacing the British Honduras dollar at par. This change marked Belize's economic independence from Britain and underscored its sovereignty as a new nation.
Economic Significance
The BZD is central to Belize's economy, facilitating trade, investment, and economic development. Belize's economy is diverse, with key sectors including agriculture, tourism, offshore banking, and renewable energy. The Belize dollar is pegged to the US dollar at a fixed rate of 2 BZD = 1 USD, which helps maintain economic stability and fosters confidence in the currency.
Usage and Exchange
The BZD is widely accepted across Belize for all transactions, from everyday purchases to significant business deals. For visitors and expatriates, exchanging foreign currency for Belize dollars is straightforward, with numerous exchange bureaus, banks, and ATMs available throughout the country. Major credit cards are also widely accepted, ensuring convenience for international travelers.
Conclusion
The Belize Dollar is more than just a currency; it is a symbol of Belize's economic growth and its rich cultural diversity. Understanding the BZD is essential for anyone engaging with Belize's dynamic economy, whether you are a resident or a visitor. The dollar's stability and accessibility play a crucial role in the country's economic resilience and development.
History and Background
The Belize Dollar was introduced on March 1, 1973, replacing the British Honduras dollar at par. This change marked Belize's economic independence from Britain and underscored its sovereignty as a new nation.
Economic Significance
The BZD is central to Belize's economy, facilitating trade, investment, and economic development. Belize's economy is diverse, with key sectors including agriculture, tourism, offshore banking, and renewable energy. The Belize dollar is pegged to the US dollar at a fixed rate of 2 BZD = 1 USD, which helps maintain economic stability and fosters confidence in the currency.
Usage and Exchange
The BZD is widely accepted across Belize for all transactions, from everyday purchases to significant business deals. For visitors and expatriates, exchanging foreign currency for Belize dollars is straightforward, with numerous exchange bureaus, banks, and ATMs available throughout the country. Major credit cards are also widely accepted, ensuring convenience for international travelers.
Conclusion
The Belize Dollar is more than just a currency; it is a symbol of Belize's economic growth and its rich cultural diversity. Understanding the BZD is essential for anyone engaging with Belize's dynamic economy, whether you are a resident or a visitor. The dollar's stability and accessibility play a crucial role in the country's economic resilience and development.