Bermuda Dollar Here

: Bermuda introduced the dollar to decimalize its economy, replacing the pound.

: The currency is essentially non-exchangeable abroad .

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: The island used the Bermudian pound (equal to the British pound sterling) for roughly 130 years.

: Bermuda's first minted currency featured a hog and a galleon. : Bermuda introduced the dollar to decimalize its

The (ISO 4217 code: BMD ; symbol: ) is the official currency of the British Overseas Territory of Bermuda. Financial Fundamentals

All coins feature the effigy of the British monarch on the obverse. Historical Evolution bermuda dollar

: The BMD is pegged to the US dollar (USD) at a strict 1:1 ratio .