Public Advisories from the Central Bank of Belize

Buying Rate of the United States Dollar Fixed for all United States Monetary Instruments

May 24, 2023, 16:59 PM by Stephanie Bradshaw
The Central Bank has fixed the buying rate of the United States Dollar at a rate of BZ$2.00 to US$1.00 for all United States monetary instruments, commencing 1 June 2023.

The public is hereby informed that, in accordance with Regulation 32 of the Exchange Control Regulations, 2003, the Central Bank of Belize has fixed the buying rate of the United States Dollar at a rate of BZ$2.00 to US$1.00 for all United States monetary instruments, including currency notes, commencing 1 June 2023.

Therefore, all transactions involving the purchase and sale of all United States monetary instruments, including currency notes, must be conducted as follows:

All United States Monetary Instruments
Central Bank of Belize

Buying Rate: BZ$2.00
Selling Rate: BZ$2.0063

Authorised Dealers

Buying Rate: BZ$2.00
Selling Rate: BZ$2.0175

Note that this change aligns the buying rates for US currency notes and other monetary instruments at BZ$2.00 to US$1.00.

The Central Bank of Belize encourages individuals and firms to transact their holdings of United States currency and monetary instruments with an authorised dealer, subject to regulations under the Money Laundering and Terrorism (Prevention) Act, 2020.

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