Everything You Need to Know About Belize Currency
If you’re planning a trip to Belize, one of the first things to familiarize yourself with is the local currency. Understanding the Belizean Dollar (BZD) will help you feel more confident when handling transactions during your visit, whether you’re exploring ancient Maya sites, snorkeling in the Belize Barrier Reef, or relaxing on Ambergris Caye.
Belize Currency Basics
The official currency of Belize is the Belize Dollar (BZD), which is symbolized as $. It is most commonly represented as BZ$ to distinguish it from other dollar-based currencies.
The Belize Dollar has a fixed exchange rate to the U.S. Dollar:
1 USD = 2 BZD
This simple conversion makes it convenient for travelers, especially since U.S. Dollars are widely accepted throughout the country.
What Does Belize Currency Look Like?
Belizean currency comes in both coins and paper bills:
•Coins: Denominations of 1, 5, 10, 25, and 50 cents, as well as $1 coins.
•Bills: Denominations of $2, $5, $10, $20, $50, and $100.
Using U.S. Dollars in Belize
In most places, U.S. Dollars are accepted interchangeably with Belizean Dollars. When paying in U.S. Dollars, you may receive change in either currency. To avoid confusion, it’s a good idea to confirm the currency being used during your transactions.
Tips for Managing Currency in Belize
1.Cash is King
While credit cards are accepted at many hotels, restaurants, and tour operators, smaller establishments like local markets or street vendors may only accept cash.
2.Avoid Large U.S. Bills
Many businesses in Belize are hesitant to accept $50 or $100 U.S. bills due to counterfeiting concerns. Bring smaller denominations for easier transactions.
3.ATMs and Banking
ATMs are available in major towns and cities, dispensing Belizean Dollars. On the island there is Belize Bank ATM 1 minute walk from the hotel if you need to get out cash. International bank cards are typically accepted, but be mindful of potential fees.
Why the Belize Dollar Works for Travelers
The fixed exchange rate and the dual acceptance of U.S. and Belizean Dollars make it simple for visitors to navigate transactions. Whether you’re dining at a beachfront restaurant in Ambergris Caye or purchasing souvenirs from a local artisan, understanding the currency ensures smooth and stress-free experiences.