Student's Centre

The History of Coins and Currency In Barbados

The story of money in Barbados contains many intriguing chapters which span three and a half centuries. For most of this period, the value of money depended on the Crown’s authority. It was not until 1951 that a regional currency with its own regulating board was introduced.

All about economic sectors and participants in the economy.

The Barbados’ the economy is described as a small open economy (SOE). ‘Small’ refers to the county’s inability to influence the price it pays or charges when doing trade with the rest of the world. In other words, Barbados is a ‘price-taker’ for both exports and imports.

Begin saving and investing your money wisely