Key facts
- Code
- BMD (numeric: 060 )
- Symbol
- $
- 1 100
- cent
- Banknotes
- $2, $5, $10, $20, $50, $100
- Freq used
- 1, 5, 10, 25 cents, $1
- Date of introduction
- 6 February 1970 ( 1970-02-06 )
- User s
- Bermuda (alongside the US dollar )
- Monetary authority
- Bermuda Monetary Authority
- Website
- bma .bm
- Printer
- De La Rue
- Mint
- Royal Mint
- Inflation
- 1.9%
- Source
~10 min read
Article
The Bermudian dollar or Bermuda Dollar (symbol: $; code: BMD; also abbreviated BD$) is the official currency of the British Overseas Territory of Bermuda. It is subdivided into 100 cents. The Bermudian dollar is not normally traded outside Bermuda, and is pegged to the United States dollar at a one-to-one ratio. Both currencies circulate in Bermuda on an equal basis.
History