15 Cents

The Bahamas achieved independence from Britain on July 10, 1973, and the Central Bank was established that same year to replace the Bahamas Monetary Authority. This 15-cent denomination reflects the country's deliberate break from the British monetary system — the new decimal coinage used neither penny nor shilling but was instead structured around the dollar, with denominations chosen to suit local pricing habits rather than inherited colonial convention.

The 15-cent value is an oddity by any regional standard; no neighboring Caribbean issuer used it.