BMD · BMD
Bermudian Dollar (BMD)
The Bermudian Dollar (BMD) is the official currency of Bermuda, pegged at par to the US Dollar (USD).
Convert this currency
Converted amount
1.0000 USD
Exchange rate
1 BMD = 1.000000 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
BMD · Bermudian Dollar
Bermudian Dollar (BMD) Overview
The Bermudian Dollar (BMD) is the official currency of Bermuda, a British Overseas Territory in the North Atlantic Ocean. It was introduced in 1970, replacing the Bermudian pound at a rate of 1 dollar to 8 shillings and 4 pence. The currency is issued by the Bermuda Monetary Authority (BMA) and is subdivided into 100 cents.
The BMD is pegged at par to the US Dollar (USD), meaning that 1 BMD is always equal to 1 USD. This peg ensures stability and facilitates trade and tourism, as US dollars are widely accepted throughout Bermuda. The currency is available in both coins and banknotes, with banknotes featuring notable Bermudian landmarks and historical figures.
As a stable currency pegged to the USD, the BMD does not experience significant fluctuations in its exchange rate. However, it is important to note that the BMD is not used outside Bermuda, and travelers should be aware of the currency's limited international acceptance. For accurate and up-to-date information, it is advisable to consult official sources such as the Bermuda Monetary Authority.
- Code
- BMD
- Symbol
- BMD
- Current rate
- USD / BMD
Currency information
Last updated · 8/7/2026
Introduced in 1970, replacing the Bermudian pound at a rate of 1 dollar = 8 shillings 4 pence.
- Official name
- Bermudian Dollar
- Legal tender status
- Legal tender in Bermuda
- Decimal places
- 2
- Minor unit
- Cent · 1 BMD = 100 Cent
- Countries
- Bermuda
- Issuing authority
- Bermuda Monetary Authority
- Central bank
- Bermuda Monetary Authority · Official website
- Exchange-rate regime
- Pegged to the US dollar at par
Common banknotes
$2 · $5 · $10 · $20 · $50 · $100
Common coins
1 cent · 5 cents · 10 cents · 25 cents · $1
Also known as
Bermuda dollar · Bermudian Dollar · BMD · $
Practical notes
- The Bermudian dollar is pegged to the US dollar at a 1:1 ratio.
- US dollars are widely accepted throughout Bermuda.
Priority currency pairs
The most useful conversions for this currency.
Bermudian Dollar questions
What is the BMD exchange rate?
The displayed rate is the latest available reference rate for USD/BMD. It can change throughout the day.
How can I convert BMD online?
Use the converter above to calculate indicative amounts between BMD and the other supported currencies.