Why is the Bahamian dollar equal to USD?
Why is the Bahamian dollar equal to USD? Since it was first issued, the Bahamian dollar has remained pegged to the US dollar on a one-to-one basis. The main reason for this peg is because the country's main trading partner is The United States. The Bahamas has a service-based economy.
Can you go to the Bahamas without a passport?
U.S. citizens are generally required to present a valid U.S. passport when traveling to The Bahamas, as well as proof of anticipated departure from The Bahamas. Those traveling to The Bahamas on a cruise may use another Western Hemisphere Travel Initiative (WHTI) compliant document.
What are white bahamians called?
White Bahamians are Bahamian citizens of European ancestry, most of whom trace their ancestry back to England, Scotland and Ireland. Bahamians of European descent are sometimes called Conchs, a term that is also applied to people of White Bahamian descent in Florida.
What did the British call the Bahamas?
To put an end to the Pirates' republic and restore orderly government, Britain made the Bahamas a crown colony in 1718, which they dubbed the Bahama islands under the governorship of Woodes Rogers.
What country is The Bahamas owned by?
On July 10, 1973, The Bahamas became a free and sovereign country, ending 325 years of peaceful British rule. However, The Bahamas is a member of the Commonwealth of Nations and we celebrate July 10th as Bahamian Independence Day.