Belize

Belize

Our Banknote catalog of Belize.

The Belize dollar is the official currency in Belize, formerly known as British Honduras; (currency code BZD) is normally abbreviated with the dollar sign $, or alternatively BZ$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. The official value is pegged at 2 BZ$ = 1 US$ since 1978.

The Board of Commissioners of Currency operated from 1894 to 1976. In 1894, the government introduced notes in denominations of 1, 2, 5, 10, 50 and 100 dollars. Production of 50 and 100 dollars ceased after 1928. 20 dollar notes were introduced in 1952. British Honduras was officially renamed Belize in 1973, and the following year a new family of notes was introduced with the new country name. On November 1, 1976, the Monetary Authority of Belize was established, and took over note issuance. The first and only notes issued under its name were dated 1ST JUNE 1980, and included a 100-dollar note for the first time. The Central Bank of Belize was established on January 1, 1982 by the Central Bank of Belize Act No. 15 (Chapter 262 of the Laws of Belize Revised Edition 2000). The first notes issued under its name were dated 1ST JULY 1983. Production of 50 dollar notes recommenced in 1990, the same year that the 1 dollar note was replaced by a coin. On April 30, 2012, the Central Bank of Belize issued a $20 commemorative note dated 01.01.12 (January 1, 2012) to celebrate the 30th anniversary of the Central Bank. It is similar to the current issue $20 note, but with the addition of the Jabiru Stork and the commemorative text "30th anniversary Central Bank of Belize". On the back of the commemorative note is the headquarters of the Central Bank of Belize in Belize City.

Source: Wikipedia.

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