1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 0.3161 BBD (Barbados Dollar). The Barbados Dollar (BBD) has been the currency of Barbados since 1935. It is the currency of Barbados, which is a part of the Carribean Islands. It is denoted by the symbol BDs$. The BBD is subdivided into 100 cents. Earlier in 1848, the British Pound Sterling was used as currency, later the British West Indies dollar was introduced in 1949. In 1965, Barbados replaced the British West Indies Dollar with the Eastern Caribbean Dollar. In 1972, the present Dollar was introduced. The currency is controlled by the Central Bank of Barbados. Since 1975, the Barbados Dollar has been pegged to the US Dollar at 1 USD = 2BDs$.