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Exchange Rate Home >> Foreign Exchange Cities >> Nassau

Exchange Rate Nassau

Use the currency converter below to calculate the current exchange rate for the city of Nassau. The currency used in Nassau is the Bahamian Dollar. Nassau is the capital of The Bahamas.

If you are traveling to Nassau, you will need to exchange your currency for the Bahamian Dollar. You may exchange your money for the Bahamian Dollar at most Nassau banks or at specialized stores called Foreign Exchange Bureaus. Look for signs that say Bureau De Change, Geld Wechseln or Cambio. You may be able to exchange your money at the Nassau airport, but exchange rates may not be the best. You should consider purchasing the Bahamian Dollar currency at a more favorable exchange rate before you arrive in Nassau. You can do that by researching online currency brokers that do foreign exchange. If on holiday, vacation, or business you can also inquire about purchasing travellers checks (Travellers Cheques). Also, before your trip, consult with your credit or debit card bank about the foreign exchange transaction fees charged for using your card in Nassau, Bahamas.

Nassau Currency Converter, Bahamian Dollar (BSD) 

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Photo of the city of Nassau

About Nassau

Nassau is the capital, largest city, and commercial centre of the Commonwealth of The Bahamas. The city has a population of 260,000 (2008 census), nearly 80 percent of the entire population of The Bahamas (330,000). Lynden Pindling International Airport, the major airport for The Bahamas, is located about 16 kilometres (9.9 mi) west of Nassau city centre, and has daily flights to major cities in the United Kingdom, United States, Canada and the Caribbean. The city is located on the island of New Providence, which functions much like a federal district. While there is no local government, it is governed directly as an administrative division of the national government. Nassau is considered a historical stronghold of pirates.

Nassau's modern growth began just over 200 years ago with the influx of thousands of American Loyalists and enslaved Africans to The Bahamas following the American War of Independence. Many of them settled in Nassau (the then and still commerce capital of The Bahamas) and eventually came to outnumber the original inhabitants.

As the population of Nassau grew, so did the built-up areas. Today the city dominates the entire island and its satellite, Paradise Island. However, until the post-Second World War era, the outer suburbs scarcely existed. Most of New Providence was uncultivated bush until the loyalists came in the 1780s and established several plantations such as Clifton and Tusculum. When the British abolished the international slave Trade in 1807, thousands of liberated Africans freed from slave ships by the Royal Navy were settled on New Providence (at Adelaide, Gambier, Carmichael and Sandiland) and other islands. The largest concentration of blacks lived in the "Over-the-Hill" suburbs of Grants Town and Bain Town behind the city of Nassau, while most of the whites lived on the island's northern coastal ridges.


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