Bermuda Dollar [2025]

: The island used the Bermudian pound (equal to the British pound sterling) for roughly 130 years.

All coins feature the effigy of the British monarch on the obverse. Historical Evolution bermuda dollar

: In late 2024, the BMA introduced new $2 and $5 polymer notes featuring an effigy of King Charles III , replacing older paper versions. : The island used the Bermudian pound (equal

: Bermuda's first minted currency featured a hog and a galleon. bermuda dollar

While legally distinct, both currencies circulate interchangeably on the island.

: The BMD is pegged to the US dollar (USD) at a strict 1:1 ratio .

Travelers are advised to exchange any remaining BMD back to USD before leaving the island, as it is only useful as a souvenir elsewhere.