Bermuda Dollar -
While legally distinct, both currencies circulate interchangeably on the island.
: All currency is issued and regulated by the Bermuda Monetary Authority (BMA) . 1 BMD equals As of Apr 27, 4:58 PM PDT • Disclaimer Apr 27, 2026 Currency Denominations bermuda dollar
: The currency is essentially non-exchangeable abroad . While legally distinct
Local businesses are required by law to accept USD at this 1:1 rate. bermuda dollar
: Bermuda introduced the dollar to decimalize its economy, replacing the pound.
The 1-cent coin features the famous "wild hog," a nod to the island's early "hogge money" history.