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Currency history

Bermudian dollar

Bermudian dollar: a currency still in use.

Dates in use
Still in use; introduction date not established here
Currency code
BMD
Ancestry branch
Sterling

Select a name for its history or a dated connection for its evidence.

Bermudian dollar: documented and qualified family connections PREDECESSORS THIS CURRENCY SUCCESSORS Pound sterlingPound sterling 1970 · DocumentedBermudian dollars per Bermuda pound.Documented connection · 1970 · Bermudian dollars per Bermuda pound. Bermudian dollarBermudian dollar BMD No successor is established here.

The story

Bundesbank records 6 February 1970: 2.40 Bermudian dollars per Bermuda pound. [1]

BMA dates the Bermudian dollar’s U.S.-dollar parity to 31 July 1972. [2]

Bermuda Act s.9 converts covered sterling references and transactions from 6 February 1970. [3]

Turning points

Former currency tender end bound

BMA reports that all old Bermuda currency had been demonetised by 30 June 1970 after gradual withdrawal. [4]

Changing monetary anchors

United States dollar · 31 July 1972 introduction; ending unreviewed
1 BMD per USD. Terms and evidence ↗

Sources and evidence

  1. Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025 C197 ↗
  2. Bermuda Monetary Authority · Bermuda Monetary Authority: Celebrating 50 Years C198 ↗
  3. Bermuda; copy hosted by Bermuda Monetary Authority · Bermuda Monetary Authority Act 1969 — consolidated text C439 ↗
  4. Bermuda Monetary Authority · Bermuda Monetary Authority: Celebrating 50 Years — 20 February 2019 release C442 ↗

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Full claims, evidence coverage, corrections and earlier interpretations are kept separately.

Cite this page

“Bermudian dollar.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000523.html

Editorial evidence supplement · Download dataset v44

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