Currency & BankingThe legal tender is the Bahamian dollar, which is equivalent in value to the U.S. dollar. U.S. currency is accepted throughout Nassau Paradise Island, as are most major credit cards and traveler's checks.
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Those coming to the Bahamas should be aware that a daily budget for the islands typically runs around $100. Guests of the islands will be able to purchase everyday necessities and afford meals with this amount per day: although it might be better to budget for closer to $150-$200.
Tip in the local currencyOtherwise you'll leave your service providers with cash they can't use without paying high fees on currency exchange. Prepare some small change in the local currency before leaving the airport if you can, to tip drivers and hotel porters.
Your driver has a list of all rates to all locations. It's best to establish the fare before you take the ride. The currency is the Bahamian dollar (B$1), pegged to the U.S. dollar so that they're always equivalent. (In fact, U.S. dollars are accepted widely throughout The Bahamas.)
Your iPhone is locked to the carrier that it last worked on in your home country. You need to get your iPhone unlocked so that it would work with any carrier's SIM card. Contact your carrier and ask them whether they can temporarily unlock your iPhone so that you can use it with another carrier in the Bahamas.
1 BSD = 1 USD Oct 18, 2023 22:02 UTCCheck the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently. This is very much needed given the extreme volatility in global currencies lately. Sending money abroad is as easy as ever.
If you are coming from another country, it's wise to change your money before you get to the bahamas. Credit Cards are used throughout most of the bahamas, especially in the tourist areas, but some of the smaller out island require cash for purchases, and sometimes even car rentals.
While tipping may not be required at some all-inclusive resorts, many guests prefer to do so. In the event that you would like to tip staff during your all-inclusive vacation, it is important to find out in advance whether staff would even be allowed to accept those tips.
Conch, pronounced “konk,” is a local staple and the national dish of The Bahamas. This mollusk is found throughout regional waters and its meat is prepared in a variety of ways.
We haven't really found very many places that don't accept credit cards in the Bahamas. If it's a small food stand, a taxi cab or bus, or some of the boat tours or charter fishing trips, then cash is likely to be needed. Grocery stores, restaurants and car rentals normally take credit cards.