The official currency of Belize, abbreviated BZD and subdivided into 100 cents. The Belize Dollar is pegged to the US dollar at a fixed rate of 2 BZD to 1 USD, a peg maintained by the Central Bank of Belize since 1978. This fixed exchange rate provides stability for international trade and tourism, which are key sectors of the Belizean economy.
Example
“Because the BZD is pegged at 2:1 to the USD, forex traders treat it as a predictable carry-trade leg when pairing it against higher-yielding emerging market currencies.”