The dollar has been the currency of Barbados since 1935. The present dollar has the ISO 4217 code BBD and is normally abbreviated with the dollar sign $ or, alternatively, Bds$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. On 09 March 2009 it was reported that the international rating agency Standard & Poor's (S&P) rated the currency of Barbados as A-/A-2
In 1973, coins were introduced in denominations of 1, 5, 10 and 25 cents and 1 dollar. Until 1991, the 1 cent was struck in bronze. Since 1992, copper-plated zinc has been used. The 5 cent is struck in brass, whilst the highest three denominations are struck in cupro-nickel. The 1 dollar coin has an equilaterally-curved-heptagonal shape. Many of the coins in circulation have been struck at the Royal Canadian Mint.