INFORMATION ABOUT BERMUDIAN DOLLAR
We show the updated today’s value/price of Bermudian dollar (BMD).You can get the exchange from Bermudian dollar to another currency by introducing the value or amount of Bermudian dollar (BMD) in the box and clicking the convert button. This way you can get the Bermudian dollar’s price in relation to other currencies.
INTRODUCTION TO THE BERMUDIAN DOLLAR
The Bermudian dollar is the official currency of Bermuda since 1970. It is linked to the U.S. dollar with an exchange rate of 1:1 and it is not traded outside of Bermuda. Bermuda used Spain dollar (8 reales coin) over four decades during Spanish rule until 1850 when it was removed. Then, in 1870 it was circulating again. Then, under English rule its currency was the British pound until 1970. In 1972 Bermuda fixed its Bermudian dollar in parity with the U.S. dollar and the British pound was abolished. It is used by approximately 65 thousand eight hundred people. You can check the today value of the Bermudian dollar and check its price.
El Bermudian dollar replaced the British pound and now is linked to the U.S. dollar.
The Bermuda Monetary Authority is the integrated regulator of the financial services sector in Bermuda. Created in 1969, it supervises, regulates and inspects the financial institutions which operates in or from within jurisdiction. It issues national currency, manages and controls the exchange transactions, helps authorities of Bermuda in the detection and prevention of financial, monetary and banking crimes. It also regulates the Stock Exchange of Bermuda.
Countries that use the currency: Bermuda
Name: BERMUDIAN DOLLAR
Bills: $2, $5, $10, $20, $50, $100
Coins: cent = 1/100 of one dollar; 1, 2, 5, 10, 25, 50 cents. $1
Issuing Agent: Bermuda Monetary Authority Web: http://www.bma.bm/