About Bermuda Dollars Exchange
The Bermuda Dollar (BMD) is the official currency of Bermuda, a British Overseas Territory located in the North Atlantic Ocean. The Bermuda Dollar was introduced in 1970, replacing the Bermudian pound, and is pegged to the U.S. Dollar at a one-to-one exchange rate, making it easy for international tourists and businesses to engage in transactions.
Bermuda issues both coins and banknotes. Coins are minted in denominations of 1, 5, 10, 25, and 50 cents, while banknotes are issued in denominations of 2, 5, 10, 20, 50, and 100 dollars. The design of Bermuda banknotes reflects the island’s cultural heritage and landmarks, featuring images such as Bermuda’s national bird, the white-tailed tropicbird, and the island’s coat of arms.