The Barbadian dollar (sign: $; code: BBD)[2][3] is the official currency in Barbados.
[6] As such the present Barbados dollar has the official ISO 4217 code of BB which matches the [dot] .bb Cc-TLD domain names classification for Barbados under ISO 3166, plus D for dollar in the foreign exchange market.
Even though Queen Anne's proclamation of 1704 introduced the pound sterling currency system to the West Indies, silver pieces of eight (Spanish dollars and later Mexican dollars) continued to form a major portion of the circulating currency right into the latter half of the nineteenth century.
The first currency denominated in dollars to be issued in Barbados was in the form of private banknotes introduced in 1882.
From 1920, some of the private banknotes also carried a denomination in sterling, with 1 dollar = 4 shillings 2 pence.
The present dollar was created after the establishment of the Central Bank of Barbados (CBB), which was founded by an Act of parliament in May, 1972.
A flying fish is adorned on one side, with the Barbadian coat of arms on the reverse.
On 3 December 1973,[8] the Central Bank of Barbados introduced notes in denominations of 1, 5, 10, 20 and 100 dollars.
[9] Banknotes currently in circulation are: The defunct 1 Dollar note was red in colour and had Samuel Jackman Prescod on the obverse.
On 2 May 2013, the Central Bank of Barbados issued a new series of banknotes with a more modern design.