Bermudian dollar

Bermudian dollar
ISO 4217
CodeBMD (numeric: 060)
Subunit0.01
Unit
Symbol$
Denominations
Subunit
1100cent
Banknotes$2, $5, $10, $20, $50, $100
Coins
 Freq. used1, 5, 10, 25 cents, $1
Demographics
Date of introduction6 February 1970 (1970-02-06)
User(s) Bermuda (alongside the US dollar)
Issuance
Monetary authorityBermuda Monetary Authority
 Websitebma.bm
PrinterDe La Rue
MintRoyal Mint
Valuation
Inflation1.9%
 SourceThe World Factbook, 2017
Pegged withUnited States dollar (at par)

The Bermudian dollar (symbol: $; code: BMD; also abbreviated BD$; informally called the Bermuda dollar) 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.