Currency 101: Belize Dollars, U.S. Dollars & Paying Like a Local

Belize is one of the easiest countries in the Caribbean to navigate when it comes to money. Between the fixed exchange rate, the use of both Belize Dollars and U.S. Dollars, and the friendliness of local businesses, paying for things in Placencia is simple and stress‑free. This guide helps you understand how currency works so you can explore, dine, and shop with confidence.

The Belize Dollar (BZD)

Belize’s official currency is the Belize Dollar, written as: - BZ locally

The exchange rate is fixed and has been stable for decades:

1 US Dollar = 2 Belize Dollars (BZ$2)

This makes converting prices incredibly easy. If your dinner bill is BZ$40, it’s US$20. If a tour is US$60, it’s BZ$120. No complicated math needed.

Using U.S. Dollars in Belize

U.S. Dollars are widely accepted throughout the country and especially in Placencia.

Why visitors love using USD:

• Most businesses accept either USD or BZD 

• Restaurants and tour operators often list prices in both currencies

• You may receive change in Belize Dollars

  
  

Accepted USD notes: - $1, $5, $10, $20, $50

⚠️ US$100 bills are commonly refused due to counterfeit concerns.

Using Cards in Placencia

Most established businesses accept credit and debit cards, including:

• Restaurants and cafés

• Resorts and hotels

• Tour companies

• Larger grocery stores

• Golf cart rental agencies

  
  

Cash‑only spots may include:

• Roadside fruit stands

• Small local eateries

• Market vendors

• Street‑side BBQ stands

• Some beach bars

  
  

It’s always smart to keep a little cash (especially BZ$5 and BZ$10 bills) on hand.

Getting Cash in Placencia

Placencia Village has reliable ATMs that dispense Belize Dollars.

Where to find them:

• Atlantic Bank – two machines at the branch plus a standalone ATM beside Placencia Office Supplies

• Belize Bank – standalone ATM at MnM Hardware Store near the bus stop

Helpful tips:

• Keep small bills for taxis, snacks, markets, and small shops

• ATMs dispense BZ$ only

Tipping in Belize

Tipping works similarly to the U.S. and Canada.

Suggested amounts:

• Restaurants: 10–15% 

• Bars: $1–$2 USD/BZD per drink or round up

• Tour guides: $5–$10 USD per person 

• Luggage handlers: $1–$2 USD per bag

  
  

Some restaurants may include a 10% service charge, so check your bill before adding more.

Prices: BZ$ or US$?

You’ll encounter both; this is completely normal in Belize.

A simple rule:

• If the price looks high, it’s probably BZ$.

• If it aligns with typical tourism pricing, it may be USD.

  
  

When unsure, just ask: “Is that in Belize or U.S.?”

Locals hear this question every day; no need to feel shy.

Paying Like a Local

Make your spending smooth and effortless:

• Carry a mix of Belize Dollars and U.S. Dollars 

• Use USD for tours and larger purchases

• Use BZD for small shops, markets, and local spots

• Avoid US bills handy for convenience

  
  

Belizeans are friendly, patient, and used to helping visitors understand the system.

Flowers Vacation Rentals Tip

During your stay:

• Many recommended tour operators accept both USD and BZD

• Most restaurants take cards, but having some cash is helpful

• Grocery stores, fruit stands, and small vendors typically prefer BZD

  
  

If you need help finding an ATM or exchanging money, we’re happy to point you in the right direction.

New Currency Designs: What You Need to Know

Belize recently introduced a new banknote design featuring national heroes who helped shape the country’s identity.

This update is more than cosmetic; it’s a powerful celebration of Belize’s history, culture, and independence.

Even with the new designs, everything important stays the same:

1. All notes are legal tender backed by the Central Bank of Belize.

2. They are accepted nationwide at full value.

3. They retain all the classic functions of money: medium of exchange, store of value, unit of account, and standard of deferred payment.

   
   

You may receive bills that look different; for example, two BZ$50 notes with different designs. Both are valid.

These new banknotes carry a deeper message: Belize’s confidence, identity, and pride are now even more visible.

🧮Quick Conversions

• BZ$10 = US$5

• BZ$20 = US$10

• BZ$50 = US$25

• BZ$100 = US$50

Final Answer: Belize Dollars and U.S. Dollars Work Seamlessly Together

Belize is one of the most traveler‑friendly destinations when it comes to money.

With a stable 2:1 exchange rate, widespread USD acceptance, and easy access to ATMs, paying for anything in Placencia is simple and comfortable.

Carry a little of both currencies, keep small bills handy, and enjoy the ease and confidence of paying like a local in beautiful Belize.