British West Indies Dollar Overview and Background

The British West Indies dollar was a currency used in several islands in the Caribbean. It was introduced in 1949.

The British West Indies dollar was pegged to the British pound at a rate of 4 British shillings and 2 pence to 1 British West Indies dollar. This peg was maintained until 1965.

The British West Indies dollar was used in various islands, including Barbados, Dominica, Grenada, St. Lucia, and St. Vincent.

The British West Indies dollar has a fascinating history. It was introduced in 1949 as a replacement for the British West Indies currency board's notes.

The British West Indies dollar was pegged to the British pound sterling at a fixed exchange rate of 4.8 to 1. This exchange rate remained in place until the currency was eventually phased out in 1965.

The British West Indies dollar was used in several Caribbean islands, including Barbados, Jamaica, and Trinidad and Tobago.

The British West Indies dollar was introduced in 1935 at the rate of $4.80 per pound sterling.

Before 1935, sterling circulated throughout the British West Indies, and in some eastern territories, notes were issued by private banks denominated in dollars equivalent to 4 shillings 2 pence.

The BWI$ existed only as banknotes until 1955, when coins were introduced, denominated in cents, with each cent worth one halfpenny in sterling.

In 1950, the first issues of BWI$ banknotes were made for all participating colonies, in the name of the "British Caribbean Territories, Eastern Group", in denominations of 1, 2, 5, 10, 20, and 100 dollars.

These notes replaced all earlier issues in 1951 and bore the portrait of King George VI.

The BWI$ was the currency of the unitary West Indies Federation from 1958 until 1965, when it was replaced by the East Caribbean dollar.

In 1964, Trinidad and Tobago withdrew from the currency union and adopted the Trinidad and Tobago dollar, marking the beginning of the end for the BWI$.

The last BWI$ banknotes were issued between 1953 and 1964, bearing the portrait of Queen Elizabeth II.

The British West Indies Dollar had a significant economic impact on the region. It was introduced in 1949 to replace the British pound, and it remained in circulation until 1972.

The currency was pegged to the US dollar, which helped stabilize the economy. This peg was maintained until 1972 when the British West Indies Dollar was replaced by the Eastern Caribbean dollar.

The British West Indies Dollar was widely accepted in the region, and it facilitated trade and commerce. Its introduction also helped to reduce the region's dependence on the British pound.

The currency was managed by the British West Indies Currency Authority, which was responsible for maintaining the peg to the US dollar. This authority also implemented policies to control inflation and stabilize the currency.

The British West Indies Dollar played an important role in the region's economic development, particularly in the areas of trade and commerce. Its legacy can still be seen in the Eastern Caribbean dollar, which is still in use today.

The 50 Cent coin is a fascinating piece of currency history. It was introduced in 1951 as a replacement for the 10 cent coin, which was removed from circulation.

The coin was made of a brass alloy, which is a mixture of copper and zinc. This composition gave the coin its distinctive golden color.

The 50 Cent coin had a diameter of 30.5 millimeters and a thickness of 2.5 millimeters. These dimensions made it a compact and convenient coin to carry.

The coin's design featured a portrait of Queen Elizabeth II on the obverse, or front side. The reverse, or back side, featured a portrait of a sailor, representing the Royal Navy.

The British West Indies dollar was introduced in 1935 at the rate of $4.80 per pound sterling or $1 = 4 shillings 2 pence.

Before its introduction, sterling circulated throughout the British West Indies, and some eastern territories issued their own dollar-denominated notes.

The BWI$ was one of the many experimental political and economic ventures tested by the British government to form a uniform system within their British West Indies territories.

The ISO 4217 code of the currency was "XBWD", and the symbol "BWI$" was frequently used, with the currency being known verbally as the "Beewee" dollar.

The British West Indies dollar, also known as the BWI$, was a currency used in the British West Indies territories from 1935.

It was introduced at the rate of $4.80 per pound sterling or $1 = 4 shillings 2 pence.

Before the BWI$ was introduced, sterling circulated throughout the British West Indies, and some territories even had their own private banks issuing dollar-denominated notes.

The BWI$ was one of the many experimental political and economic ventures tested by the British government to form a uniform system within their British West Indies territories.

It had an ISO 4217 code of "XBWD" and was known verbally as the "Beewee" (slang for British West Indies) dollar.

The British West Indies Dollar was a widely used currency in the region, and its mintage and distribution were quite interesting.

The British West Indies Dollar was first introduced in 1949, and it was initially issued by the British West Indies Currency Authority.

Only one design was used for the British West Indies Dollar, featuring a portrait of King George VI on the obverse side and a design of a ship on the reverse side.

The British West Indies Dollar was widely distributed across the region, with banks and financial institutions playing a key role in its circulation.

The British West Indies Dollar was eventually replaced by the Eastern Caribbean Dollar in 1965, marking the end of its circulation in the region.