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Money
Currency: Belize Dollar (Bz$) = 100 cents. Notes are in denominations of Bz$100, 50, 20, 10, 5 and 2. Coins are in denominations of Bz$1, and 100, 50, 25, 10, 5 and 1 cents.
Note: The Belize Dollar is tied to the US Dollar at US$1 = Bz$2.
Currency exchange: Currency can be exchanged at most banks, hotels and travel agencies. Some businesses will even accept dollars. ATMs in Belize generally do not accept foreign cards.
Credit & debit cards: American Express, Visa and MasterCard (limited) are accepted. Check with your credit or debit card company for details of merchant acceptability and other services which may be available. Most establishments will add a five per cent service charge to the bills of customers using credit cards.
Travellers cheques: These can be exchanged, commission will usually be charged.
Currency restrictions: The import and export of local currency is limited to Bz$100. The import of foreign currency is unlimited, provided declared on arrival. The export of foreign currency is limited to the equivalent of Bz$400 for residents, and up to the amount imported and declared for non-residents. Visitors are advised to carry a minimum of Bz$75 for each day they intend to stay.
Exchange rate indicators
The following figures are included as a guide to the movements of the Belize Dollar against the Pound Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 2.87 | 2.91 | 3.12 | 3.14 | | $1.00= | 1.97 | 1.97 | 1.97 | 1.97 |
Banking hours: Mon-Thurs 0800-1300, Fri 0800-1630.
Copyright © 2003 Columbus Publishing Ltd.
Terms and Conditions apply.
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