ISO 4217 Code ：BMD
User：Bermuda
Inflation：2.8%
Source：The World Factbook, November 2005
Pegged with：U.S. dollar at par
Subunit：1/100 cent
Symbol：BD$
Coins：
Freq. used：1, 5, 10, 25 cents, $1
Rarely used：50 cents
Banknotes：$2, $5, $10, $20, $50, $100
Central bank：Bermuda Monetary Authority
Website：http://www.bma.bm
The dollar , has been the currency of Bermuda since 1970. It is normally abbreviated with the dollar sign $, or alternatively BD$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.
The Bermuda dollar is pegged to the U.S. dollar at a 1:1 rate, but is not traded outside of Bermuda. Bermuda has issued its own currency since the seventeenth century. The Bermuda pound, which was replaced by the Bermuda dollar in 1970 at the rate of 1 dollar = 8 shillings 4 pence , was of equivalent value to the British pound. British coinage was used, but Bermuda printed its own banknotes.
Coins
Coins in circulation
1 cent 5 cents 10 cents 25 cents 1 dollar
Banknotes
Banknotes in circulation
2 dollars 5 dollars 10 dollars 20 dollars 50 dollars 100 dollars The history of the currency of Bermuda
Bermuda has issued its own currency for over 300 years. The Bermuda dollar was established in 1970 replacing the Bermuda Pound at a rate of one Bermuda dollar is equal to eight shilling and four pence in old money. Previously the Bermuda pound was traded at par with the British pound sterling, when the dollar replaced the pound, the rate of ￡-/8/4d was chosen as this was the value of the American dollar in pounds at the time of changeover in 1970. Currently the value of the Bermuda dollar is pegged to the American dollar at a rate of one to one.
Prior to converting to the dollar, British coinage was used although Bermuda printed its own banknotes. Currently the Bermuda Monetary Authority issues all coins and banknotes in Bermuda. Banknotes in circulation come in denominations of $2, $5, $10, $20, $50 and $100, the one dollar note has been replaced by a coin, although it remains legal tender. Coins are issued in 1, 5, 10, 25 cents and $1 denominations. The Bermuda dollar's ISO 4217 code is BMD and like other dollar based currencies, prices are expressed using the $ sign. As the Bermuda dollar is valued at the same as American dollars, all businesses in Bermuda will accept either currency. All older banknotes issued by the Currency Board, the Government of Bermuda and the Bermuda Monetary Authority remain redeemable indefinatly.
百慕大元样币
Obverse Design: Queen Elizabeth II and "Commissioners House"
Reverse Design: Divers
百慕大元铸币
- 百慕大元铸币
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