The (ISO 4217 code: BMD ; symbol: ) is the official currency of the British Overseas Territory of Bermuda. Financial Fundamentals
: All currency is issued and regulated by the Bermuda Monetary Authority (BMA) . 1 BMD equals As of Apr 27, 4:58 PM PDT • Disclaimer Apr 27, 2026 Currency Denominations bermuda dollar
Local businesses are required by law to accept USD at this 1:1 rate. The (ISO 4217 code: BMD ; symbol: )
Travelers are advised to exchange any remaining BMD back to USD before leaving the island, as it is only useful as a souvenir elsewhere. Travelers are advised to exchange any remaining BMD
: In late 2024, the BMA introduced new $2 and $5 polymer notes featuring an effigy of King Charles III , replacing older paper versions.
: Banknotes are celebrated for their vibrant colors and depiction of local fauna, such as the Bermuda Bluebird ($2) and Atlantic Blue Marlin ($5). Coins : Circulated in 1, 5, 10, and 25 cents , and a $1 coin .
: Currently issued in denominations of $2, $5, $10, $20, $50, and $100 .