BMD - Bermudian Dollar currency

Bermuda flag Bermuda

The Bermudian Dollar (BMD) is the official currency of Bermuda, issued by the Bermuda Monetary Authority. It was introduced in 1970, replacing the Bermudian Pound. The BMD is pegged to the U.S. Dollar (USD) at a fixed exchange rate of 1 BMD = 1 USD, and U.S. Dollars circulate freely within Bermuda. The economy of Bermuda is highly dependent on international finance and tourism, and the currency peg helps maintain economic stability. The Bermudian Dollar is subdivided into 100 cents, with banknotes ranging from BMD 2 to BMD 100 and coins from 1 cent to BMD 1.

BMD - Bermudian Dollar profile

Symbol $ (BMD$)
ISO 4217 Code BMD
Central Bank Bermuda Monetary Authority
Nicknames Bermudian Dollar
Countries using this currency Bermuda (USD also circulates)

BMD - Bermudian Dollar
live currency rates

Last updated:
Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

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