20 Dollars

The P#65 series replaced the older 1974-design notes that had carried the Bahamas through two decades of post-independence currency. By 1997, De La Rue had incorporated a holographic strip — still a relatively novel security feature for Caribbean issuers at the time — alongside the see-through register, which required precise front-to-back registration during printing and was prone to misalignment on early runs of several contemporaneous De La Rue contracts.

The $20 denomination filled a gap in everyday commerce that the $10 and $50 notes straddled awkwardly, and it saw heavier transactional use than either.