Belize Dollar as Currency of Belize

Belize uses the Belize Dollar (BZ$ / BZD) as currency, sometimes erroneously referred to as Belizean Dollars. US Dollars are accepted virtually anywhere in Belize as a form of payment, so visitors do not need to worry about exchanging US Dollars into Belize Dollars.

There is a small charge due when the United States Dollar is exchanged into the Belize Dollar. Yet, when the Belize Dollar (i.e. the leftover cash from a vacation) is turned back into United States Dollars, a “prohibitive” fee is charged. It is recommended to only exchange the amount of money into Belize Dollars that you need within a short time frame and leave the rest in US Dollars. 
 
The exchange rate of the Belize Dollar to the United States dollar is fixed since 1978. 

Belize Dollar Coins used in Belize


Belize coin 1979
  • 1885: Introduction of the bronze 1 cent coins.
  • 1894: Introduction of the silver 5, 10, 25 and 50 cent coins.
  • 1907: The 5 cent silver coins were replaced by cupro-nickel coins.
  • 1942: The 5 cent cupro-nickel coins were replaced by nickel-brass coins.
  • 1952, The 25 cent silver coins were replaced by cupro-nickel coins.
  • 1954: The 50 cent silver coins were replaced by cupro-nickel coins.
  • 1954: The 1 cent coin was reduced in size.
  • 1956: The 10 cent silver coins were replaced by cupro-nickel coins.
  • 1956: The 1 cent coin switched to a scalloped shape.
  • 1976: Aluminium 1 and 5 cent coins were introduced.
  • 1990: A nickel-brass 1 decagonal 1 dollar coin was introduced.


Belize Dollar notes used in Belize

  • 1894: Bank notes with denominations of 1, 2, 5, 10, 50 and 100 dollars were introduced.
  • 1928: Production of 50 and 100 dollars was stopped.
  • 1952: Introduction of 20 dollar notes.
  • 1980: Reintroduction of the 100 dollar note.
  • 1980: The Monetary Authority of Belize took over note production.
  • 1983: The Central Bank of Belize assumed responsibility for paper money production.
  • 1990: Production of 50 dollar notes recommenced.
  • 1990: The 1 dollar note was replaced by a 1 dollar coin.