01/10/2022: Transition to digital currency
Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.
15/08/2019: Commencement of polymer £50 issuance
Polymer £50 banknotes were introduced, replacing the older paper £50 notes.
01/01/2019: Switch to the Bermuda dollar symbol
Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.
26/06/2018: New £100 banknote issued
A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.
16/03/2015: Redesign of banknotes
The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.
01/05/2012: Introduction of polymer banknotes
Bermuda introduced polymer banknotes to replace paper currency for better durability and security.
01/01/1997: Incorporation into Federal Reserve System
The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.
06/11/1988: Introduction of polymer banknotes
Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.
06/01/1982: New notes and coins
Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.
25/02/1972: Introduction of decimal coins
Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.
15/02/1971: Currency tied to British pound
The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.
06/07/1970: Currency Board Agreement
Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.
23/06/1969: Currency switch to decimalization
Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.
07/03/1927: Introduction of Gibraltar pound
The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.