What Currency Does Barbados Use?

What Currency Does Barbados Use? (UK Traveller’s Guide)

If you’re planning a holiday to Barbados from the UK, understanding the local currency will help you manage your spending and avoid unexpected fees. Barbados is a popular Caribbean destination with strong ties to the UK, but it uses its own currency—distinct from other islands or international currencies like the US dollar or British pound. This guide explains what currency Barbados uses, how it works, and what UK travellers need to know before spending abroad.

What Is the Official Currency of Barbados?

The official currency of Barbados is the Barbadian dollar.

• Currency name: Barbadian dollar

• Currency symbol: BBD or Bds$

• ISO code: BBD

• Subunit: 1 dollar = 100 cents

The Barbadian dollar is issued and regulated by the Central Bank of Barbados.

Is the Barbadian Dollar Pegged?

Yes. The Barbadian dollar is pegged to the US dollar at a fixed exchange rate of:

BBD 2 = USD 1

This fixed rate provides stability and makes price conversions easy for tourists, especially those familiar with US pricing.

Can You Use US Dollars in Barbados?

Yes, US dollars are widely accepted in Barbados—especially in resorts, taxis, and larger shops. However:

• Change may be given in Barbadian dollars

• Some businesses may offer 1:2 exchange, but always check before paying

• Using Barbadian dollars is often the better value and more accepted option in smaller establishments or when tipping

British pounds are not accepted for transactions.

How Do Payments Work in Barbados?

• Prices are listed in BBD, but often quoted in both BBD and USD

• Major UK bank cards (Visa, Mastercard) are widely accepted

• ATMs are available and dispense Barbadian dollars

• Contactless and chip-and-PIN are supported in most urban areas and resorts

• Tipping is typically done in local currency, unless otherwise agreed

Tips for UK Travellers

• Use a travel debit card (e.g. Monzo, Starling, Chase or Wise) to avoid foreign transaction fees

• If withdrawing cash, choose BBD from ATMs, not currency exchange desks

• Carry a mix of cash and card—some local vendors may prefer cash

• Always pay in BBD when possible to avoid poor dynamic conversion rates

FAQs

Can I use GBP in Barbados?
No. Only the Barbadian dollar (BBD) and sometimes US dollars are accepted.

Should I bring US dollars or Barbadian dollars?
Either works for tourists, but BBD is the official currency, and you'll likely receive change in it.

Do I need to tip in Barbados?
Tipping is customary—usually 10–15% in restaurants. Some bills include a service charge.