Because of this convenient fact, nearly every business in Belize also accepts American currency. In fact, many American visitors don’t even bother obtaining Belizean currency. Most upscale restaurants and hotels accept American credit and bank debit cards.
Belizean law states that any visitor entering the country with more than $5,000 (U.S. dollars or equivalent in value) in cash and/or checks must declare this. Failure to do so can result in confiscation and a fine of three times the undeclared amount.
Once outside of Belize, you can’t exchange it for another currency except for a few places on the Guatemalan and Mexican borders. Currencies that can be changed to Belizean dollars inside of Belize are: U.S. dollars, Canadian dollars, British pounds, and Euros. Mexican pesos and Guatemalan quetzals can only be exchanged for Belize dollars at their respective borders with Belize.
Because Belize is a former British colony and a current member of the Commonwealth, Queen Elizabeth II of Britain is the nominal head of state in Belize, and her image is featured on the front of all bank notes.
Belizean banknotes come in six denominations: $2, $5, $10, $20, $50, and $100, all of which use the dollar sign ($). The obverse (back) side of the banknotes features birds ($100), bridges ($50), animals ($20), landmark buildings ($10), St George’s Caye ($5), and ancient Maya sites ($2). The most recent printing of the currency was in 2003 but bank notes from as far back as 1990 are still in circulation.
Belize coins come in seven denominations: 1 cent, 5 cents, 10 cents, 25 cents, 50 cents, one dollar, and two dollars. The one dollar coin is gold in color and has 12 sides.
If you’re looking for a great place to spend some Belizean currency on your vacation, consider the Belize Boutique Resort and Spa. Situated on a pristine, 1,000-acre property just a few miles from the international airport, the resort has just 16 elegantly appointed rooms and suites. The resort organizes tours to all of the top attractions in the country, including visiting ancient Maya ruins, adventures on the mainland, and marine activities like snorkeling, scuba diving, and fishing on the Belize Barrier Reef.