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The Bahamian Dollar (BSD) is the official currency of the Bahamas, a country comprising numerous islands in the Caribbean. It is pegged to the United States Dollar (USD) at a 1:1 exchange rate, which aids in stabilizing the economy and facilitating trade with the United States. The currency is denoted by the symbol '$' or 'B$' to distinguish it from other dollar-denominated currencies.
The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, an island nation located in the central Atlantic Ocean. It is subdivided into 100 centavos and is used for all forms of monetary transactions within the country, including trade, services, and tourism.