ISO 4217 | |
---|---|
Code | BMD (numeric: 060) |
Subunit | 0.01 |
Unit | |
Symbol | $ |
Denominations | |
Subunit | |
1⁄100 | cent |
Banknotes | $2, $5, $10, $20, $50, $100 |
Coins | |
Freq. used | 1, 5, 10, 25 cents, $1 |
Demographics | |
Date of introduction | 6 February 1970 |
User(s) | Bermuda (alongside the US dollar) |
Issuance | |
Monetary authority | Bermuda Monetary Authority |
Website | bma |
Printer | De La Rue |
Mint | Royal Mint |
Valuation | |
Inflation | 1.9% |
Source | The World Factbook, 2017 |
Pegged with | United 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.