Bahamas - 10 Bahamian Shillings - P-14b - 1953 dated Foreign Paper Money

10 Shillings, P-14b. The currency of The Bahamas has been the dollar since 1966. It is typically represented by the dollar sign $, or B$ to differentiate it from other currencies that also use the dollar symbol. The Bahamian dollar is subdivided into 100 cents. On 20 October 2020, The Bahamas became the first nation to implement a legal digital currency, launching the Sand Dollar as an alternative to the conventional Bahamian dollar. The Bahamian dollar is pegged to the US dollar at a one-to-one ratio. According to the Central Bank of The Bahamas, the primary tools of its monetary policy include reserve requirements, adjustments to the Bank discount rate, and selective credit controls, along with moral suasion. The Central Bank aims to maintain stable conditions, including credit stability, to uphold the parity between the US dollar and the Bahamian dollar while facilitating economic growth.