![what are belize coins made of](https://shunculture.com/images/resources/what-are-belize-coins-made-of_20240721201828.webp)
Belizean coins have been made from a variety of materials, including bronze, silver, cupronickel, nickel-brass, and aluminium. The country's coins have featured Queen Elizabeth II, with two types of effigies used for the different coin denominations. Belize, previously known as British Honduras, gained independence in 1981 and has since used the Belizean dollar as its official currency. The Belize dollar is divided into 100 cents and is abbreviated as BZ$ to distinguish it from other dollar-denominated currencies.
Characteristics | Values |
---|---|
Date of introduction | 1885 |
Base | US dollar |
Exchange rate | BZ$2 = US$1 |
Composition | Bronze, aluminium, nickel-brass, copper-nickel, silver, nickel-brass, cupronickel |
Weight | 0.79g - 25.8g |
Diameter | 16mm - 40mm |
What You'll Learn
Belize's official currency is the Belize dollar
The Belize dollar has a long history that dates back to the 19th century when British Honduras, as Belize was then known, operated using the British sterling monetary system. In 1873, an international silver crisis led to the British currency being driven out of circulation in British Honduras, and the silver peso of neighbouring Guatemala took its place.
In 1885, bronze 1-cent coins were introduced, followed by higher denominations in 1894. The government also issued its first banknotes that year, and the currency switched from the silver Guatemalan peso to the gold US dollar as its base. One Canadian dollar was equal to one American dollar at the time, and both were on the gold standard.
Over the years, the composition of Belize's coins has changed. For example, cupronickel replaced silver in the 25-cent coins in 1952, and aluminium 1 and 5-cent coins were introduced in 1976. Today, the late Queen Elizabeth II appears on all banknotes issued by the Central Bank of Belize.
In summary, the Belize dollar is the official currency of Belize and has undergone a series of changes since its introduction in the 19th century. It is divided into 100 cents and is abbreviated as $ or BZ$ to distinguish it from other dollar-denominated currencies.
San Pedro, Belize: Best Time to Visit
You may want to see also
Belize coins are made from aluminium, bronze, copper-nickel, nickel-brass, silver and gold
Belizean coins are made from a variety of materials, including aluminium, bronze, copper-nickel, nickel-brass, silver and gold. The country's currency, the Belize dollar, has a long and fascinating history, with its roots in the British colonial era.
The first Belizean coins, issued in 1885, were made of bronze. These 1-cent coins featured the image of Queen Victoria and were followed by silver 5, 10, 25 and 50-cent coins in 1894. The silver coins were minted at the Royal Mint and shared a similar style with other British colonial dollar fractional coinage used in Hong Kong and Canada.
Over time, the composition of Belizean coins evolved. In 1907, cupronickel replaced silver in the 5-cent coins, and this was itself replaced by nickel-brass in 1942. In the following decades, cupronickel also replaced silver in the 25-cent coins (1952), 50-cent coins (1954), and 10-cent coins (1956). The 1-cent coin also underwent changes, reducing in size in 1954 and adopting a scalloped shape in 1956.
In 1973, the country's name changed from British Honduras to Belize, and the Belize dollar became the official currency. The 1973 series of coins included 1-cent pieces made of bronze and 5-cent pieces made of nickel-brass. The following years saw the introduction of aluminium into the composition of the 1-cent and 5-cent coins, with the first aluminium coins appearing in 1976.
Belizean coins continued to be minted in a variety of metals, including commemorative coins celebrating significant events and anniversaries. For example, in 1977, a silver 5-cent coin was issued, while in 1981, an aluminium 5-cent coin commemorated World Food Day. In 1990, a decagonal 1-dollar coin was introduced, made of nickel-brass.
The history of Belizean currency reflects the country's transition from a British colony to an independent nation, with its coins bearing the marks of both colonial influence and evolving national identity.
Belize Weather in August: Hot and Sunny
You may want to see also
Belize was granted independence in 1981
Belize was granted independence from the United Kingdom on the 21st of September 1981, after being a British colony since 1862. The country had changed its name from British Honduras to Belize in June 1973, but its status remained unchanged until 1981.
The Belize Act 1981 was an Act of Parliament in the United Kingdom that came into operation on the 28th of July 1981. The Act made provisions for Belize to gain full independence and become a member of the Commonwealth of Nations as a Commonwealth realm. Belize had been a fully self-governing British colony from 1973.
The United States recognized Belizean independence on the 29th of October 1981, when the Consulate General Belize was raised to Embassy status. This followed several months of negotiations with Great Britain and Guatemala, as there was a dispute between Belize and Guatemala over contested Belizean territory dating back to an 1859 treaty between Imperial Spain and Great Britain.
Belize's first head of state after independence was Queen Elizabeth II, who is featured on the country's coins. The coins of Belize issued after independence in 1981 are regarded by collectors as the country's first official coins.
Time Zone Twists: Unraveling the Belize-Pacific Connection
You may want to see also
The first official coins of Belize were issued in 1981
Queen Elizabeth II, Belize's first head of state, is featured on the Belizean coins, facing right and wearing the heraldic Tudor Crown. The effigy of the Queen on the coins was designed by two different people, depending on the coin denomination. Cecil Thomas designed the effigy for the 1-50 cent coins, while Raphael Maklouf designed the effigy for the dollar coin.
The Belize dollar is the official currency in Belize, with the currency code BZD. It is divided into 100 cents and is usually abbreviated with the dollar sign $, or BZ$ to distinguish it from other dollar-denominated currencies. The official value is pegged at BZ$2 = US$1.
The country of Belize was previously known as British Honduras and changed its name in 1973. However, it was still a British colony until it gained independence in 1981. The coins of the Colony of Belize (1973-1980) retained the basic designs of the British Honduras coins, with only the country's name being changed to "Belize".
Belize Gun Shops: Where to Buy
You may want to see also
Belizean coins feature Queen Elizabeth II
The coins of the Colony of Belize retained the same basic designs as the coins of British Honduras, but with the country's name changed to "Belize". These coins were struck at the Royal Mint in Llantrisant. A series of numismatic coins depicting the Belizean Coat-of-Arms on the obverse instead of the Queen's portrait were also struck at the Franklin Mint, but these were generally intended for American collectors and did not circulate in Belize.
The coins of the 1981 issue are regarded by collectors as the first official coins of Belize. Most coins since independence have been struck at the Royal Mint and still bear the British Honduras-style coin designs, including the portrait of Queen Elizabeth II. Two types of effigies of the Queen were used: one by Cecil Thomas for coins of 1-50 cents and one by Raphael Maklouf for the dollar coin.
Queen Elizabeth II has been depicted on British banknotes and coins for decades, and her portrait has also been featured on currencies in dozens of other places around the world, serving as a reminder of the British Empire's colonial reach. At one time, she appeared on at least 33 different currencies, more than any other monarch, according to Guinness World Records.
Belize-Mexico Border: Is It Safe to Cross?
You may want to see also
Frequently asked questions
Belizean coins have been made from a variety of materials, including bronze, silver, cupronickel, nickel-brass, and aluminium.
The Belizean currency is the Belize dollar, which is divided into 100 cents.
Belize started using the Belize dollar in 1973, when it changed its name from British Honduras.