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1 Dollar - Elizabeth II
| Issuer | Central Bank of The Bahamas |
|---|---|
| Year | 1981-2000 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | The obverse displays the full coat of arms of the Commonwealth of the Bahamas centred in the field, featuring a shield bearing a British galleon under full sail above wavy lines, supported by a leaping marlin to the left and a pink flamingo standing to the right. Above the shield rises an elaborate crest composed of a conch shell atop a helmet with floral mantling, surmounted by a hand clutching three palm fronds. A scroll beneath the shield bears the national motto 'FORWARD UPWARD ONWARD TOGETHER' in two registers. The legend 'COMMONWEALTH OF THE BAHAMAS' arcs along the upper periphery in bold Latin capitals, with the date '1981' positioned at the bottom of the field, all enclosed within a beaded inner border. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
The Bahamian dollar was pegged to the US dollar at par in 1966 and has held that rate without interruption — an unusual monetary stability for a small island nation that depends almost entirely on tourism and offshore banking for foreign exchange. That peg meant this coin's purchasing power tracked American inflation directly, quietly eroding through the 1980s and 1990s without any nominal adjustment.
KM#65b is the copper-nickel successor to earlier silver-clad compositions in the series, a pragmatic cost-cutting shift that paralleled similar moves by Caribbean neighbors during the same period.