| Bermuda dollar |
 | | Bermudian pound and dollar banknotes | | | ISO 4217 Code | BMD | | User(s) | 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 | www.bma.bm | The dollar (currency code BMD), 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. Image File history File links Download high resolution version (952x653, 570 KB)A selection of Bermudian Sterling and dollar banknotes. ...
A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currencys value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. ...
ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...
A two-cent euro coin A United States penny, or 1¢ In currency, the cent is a monetary unit that equals 1/100 of the basic unit of value. ...
$ The dollar sign ($) is a symbol primarily used to indicate a unit of currency. ...
The Bermuda Monetary Authority is responsible for the licensing of banks, deposit companies and investment businesses, the issue and redemption of Bermuda notes and coins, supervision of Bermudas financial institutions, providing advice to Government on banking and other financial and monetary matters and the vetting of individuals and entities...
1970 (MCMLXX) was a common year starting on Thursday. ...
$ The dollar sign ($) is a symbol primarily used to indicate a unit of currency. ...
United States one-dollar bill Canadian one-dollar coin (Loonie) One New Taiwan dollar Australian one-dollar coin 500 old Zimbabwean dollars The dollar (represented by the dollar sign: $ which comprises a single vertical line through a capital S) is the name of the official currency in several countries, dependencies...
A two-cent euro coin A United States penny, or 1¢ In currency, the cent is a monetary unit that equals 1/100 of the basic unit of value. ...
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 (that is, 100 pence), was of equivalent value to the British pound. British coinage was used, but Bermuda printed its own banknotes. A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currencys value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. ...
ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...
The pound was the currency of Bermuda until 1970. ...
1970 (MCMLXX) was a common year starting on Thursday. ...
Before decimalisation in 1971, a shilling had a value of 12d (old pence), and was equal to 1/20th of a pound: there were 240 (old) pence to the pound. ...
For silver pennies produced after 1820 see Maundy money. ...
For details of notes and coins, see British coinage and British banknotes. ...
Coins
Coins in circulation A coin is usually a piece of hard material, generally metal, usually in the shape of a disc, and most often issued by a government, to be used as a form of money in transactions. ...
- 1 cent
- 5 cents
- 10 cents
- 25 cents
- 1 dollar
Banknotes Banknotes in circulation A £20 Bank of England banknote. ...
- 2 dollars
- 5 dollars
- 10 dollars
- 20 dollars
- 50 dollars
- 100 dollars
Current BMD exchange rates External links | Currencies of the Americas | | North America | Canadian dollar · Danish krone (Greenland) · Euro (Saint-Pierre et Miquelon) · U.S. dollar · Mexican peso | | Central America | Belize dollar · Costa Rican colón · Guatemalan quetzal · Honduran lempira · Nicaraguan córdoba · Panamanian balboa · U.S. dollar (El Salvador) | | Caribbean | Aruban florin · Bahamian dollar · Barbadian dollar · Bermuda dollar · Cayman Islands dollar · Cuban peso · Cuban convertible peso · Dominican peso · East Caribbean dollar (Anguilla, Antigua and Barbuda, British Virgin Islands, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines) · Euro (Guadeloupe, Martinique) · Haitian gourde · Jamaican dollar · Netherlands Antillean gulden · Trinidad and Tobago dollar · U.S. dollar (British Virgin Islands, Puerto Rico, Turks and Caicos Islands, U.S. Virgin Islands) | | South America | Argentine peso · Bolivian boliviano · Brazilian real · Chilean peso · Colombian peso · Euro (French Guiana) · Falkland Islands pound · Guyanese dollar · Paraguayan guaraní · Peruvian nuevo sol · Surinamese dollar · U.S. dollar (Ecuador) · Uruguayan peso · Venezuelan bolívar | |