1 Dollar - Elizabeth II

The Bahamian dollar was pegged to the US dollar at par in 1966 and has held that peg ever since — a monetary arrangement that has made the Central Bank's coin designs largely symbolic exercises in national identity rather than instruments of exchange rate policy. By the mid-1980s, most everyday transactions on the islands were conducted in US currency anyway, leaving domestic coins to circulate less heavily than their physical durability would otherwise suggest.