The Bahamian dollar (BSD) is the currency of the Bahamas. It is normally abbreviated with the dollar sign $, but B$ is also used to distinguish it from other dollar currencies. One Bahamian dollar is divided into 100 cents. The Bahamian dollar is pegged to the US dollar at a 1:1 ratio. The Central Bank of The Bahamas is responsible for issuing and regulating the currency. The stability of the Bahamian dollar is closely tied to the stability of the US dollar.