Belize Dollar


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Belize Dollar

The currency of Belize. This became the currency in 1973, when British Honduras changed its name to Belize. While it was initially pegged to the British pound, the peg switched to the U.S. dollar (to which the currency of British Honduras had previously been fixed) in 1978.
References in periodicals archive ?
Inmates working under this program earn 20 cents to 35 cents per hour, averaging 3 Belize dollars ($1.50) per day.
Today, there are far more fishermen in Belize than there were 30 years ago, and they are enjoying a higher standard of living, often taking in as much as $12 (Belize dollars) a pound for lobster tail ($9 is the "first price" then the coop adjusts profits at the end of the year.) "The situation now," Carrasco said, "is less product, more price." Higher prices are desirable to the fisherman, but the downside is that the lobster numbers are rapidly decreasing.
Two other projects valued at EUR6.2 million (BZ$11 million Belize dollars) are currently underway in the banana industry.

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