50 Dollars

The Bahamas introduced hybrid substrate notes — a laminated paper-polymer composite — as a middle-ground between traditional cotton paper and full polymer, offering improved durability without the wholesale redesign costs that a full polymer conversion typically demands. This 2019 issue was part of a broader security upgrade across the series, with the Canadian Bank Note Company, which has supplied Bahamian currency for decades, retaining the contract.

The P-W81 designation's "W" prefix reflects the IBNS cataloguing convention for notes on non-traditional substrates introduced after the main Pick sequence was established — a minor but useful detail when cross-referencing older listings that omit this note entirely.