The dollar has been the currency of Barbados since 1935. The present dollar has the ISO 4217 code BBD and is normally abbreviated with the dollar sign "$" or, alternatively, "Bds$" to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.The Barbados dollar notes are $2, $5, $10, $20, $50, $100. The Barbados dollar is pegged to the US dollar, with the official exchange rate of 2.00 Barbados dollar = 1 US dollar.