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Bermudian dollar: research record

Evidence coverage: 1970–1970. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Bermudian dollar

BMD · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Current currency in the inherited endpoint register.
Dated observations: 1970; this does not establish the entire lifetime.

Parents / predecessors

Pound sterlingredenominated as · 1970
↗

Children / successors

No distinct successor currency is established in the loaded view.

Siblings

Bahamian dollarShared predecessor: Pound sterling
Tongan poundShared predecessor: Pound sterling
Cypriot poundShared predecessor: Pound sterling
Australian poundShared predecessor: Pound sterling
Fiji poundShared predecessor: Pound sterling
Jamaican poundShared predecessor: Pound sterling
Unit and issue records 1 records

Evidence within this identity, not separate currencies.

Bermudian dollarFTM000523 · C197, C198

Step-parents / adopted bases

Dated changes of monetary basis; founding ancestry remains above.

◇ United States dollarexchange rate anchor

Bermuda fixed its dollar at USD parity on 31 July 1972 under amended authority to define its external value beyond sterling.

31 July 1972 introduction; ending unreviewed

1 BMD per USD.

Amended BMA statutory parity authority and implemented exchange-rate fixing.

Distinct from the February 1970 dollar introduction. No continuous-operation or current-status claim is added.

No ending established here; this is not a claim of current operation. Excluded from ancestry, sibling relationships and depth.

Evidence and relationship details Register entry →
Monetary history 3 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

1970First issue

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

C197
6 February 1970Statutory account conversion

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

C439
By 30 June 1970, according to BMA; exact last day not establishedFormer currency tender end bound

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

C442
Evidence & research notes 8 claims

Dated observations, not a proven complete lifespan.

Supported C197

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

Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025 Citation S98 · Open source ↗

PDF p. 30

Source access and limitations

Historical reference, not a 2026 legal-status audit.

Only selected country milestones used.

Supported C198

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

Bermuda Monetary Authority · Bermuda Monetary Authority: Celebrating 50 Years Citation S103 · Open source ↗

1972 milestone

Source access and limitations

Historical evidence only; current legal status and every intervening amendment are not inferred.

Supported C439

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

Bermuda; copy hosted by Bermuda Monetary Authority · Bermuda Monetary Authority Act 1969 — consolidated text Citation S201 · Open source ↗

s.9(2)–(4), printed p.13; Part IV commencement annotation

Source access and limitations

Not an as-enacted 1969 copy.

Historical s.9 transition is explicit; amended current tender powers are not projected backwards.

Supported C440

Bermuda conversion rounding discards fractions below half a cent and rounds half a cent or more upwards.

Bermuda; copy hosted by Bermuda Monetary Authority · Bermuda Monetary Authority Act 1969 — consolidated text Citation S201 · Open source ↗

s.9(3)

Source access and limitations

Not an as-enacted 1969 copy.

Historical s.9 transition is explicit; amended current tender powers are not projected backwards.

Inference C441

BMA records a dollar launch on 6 February 1970 at eight shillings and fourpence: 12/5 dollars per former pound.

Bermuda Monetary Authority · Bermuda Monetary Authority: Celebrating 50 Years — 20 February 2019 release Citation S202 · Open source ↗

paragraph beginning 1970 saw; reciprocal arithmetic

Source access and limitations

Same release family as S103, not independent corroboration.

By 30 June is a bound, not proof of the exact final tender day or redemption expiry.

Supported C442

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

Bermuda Monetary Authority · Bermuda Monetary Authority: Celebrating 50 Years — 20 February 2019 release Citation S202 · Open source ↗

same 1970 paragraph; by is retained as a bound

Source access and limitations

Same release family as S103, not independent corroboration.

By 30 June is a bound, not proof of the exact final tender day or redemption expiry.

Inference C443

BMA separately dates the formal US-dollar link to 31 July 1972; this is not the 1970 predecessor conversion.

Bermuda Monetary Authority · Bermuda Monetary Authority: Celebrating 50 Years — 20 February 2019 release Citation S202 · Open source ↗

paragraph beginning In 1972

Source access and limitations

Same release family as S103, not independent corroboration.

By 30 June is a bound, not proof of the exact final tender day or redemption expiry.

Supported C1966

Bermuda fixed its dollar at USD parity on 31 July 1972 under amended authority to define its external value beyond sterling.

Bermuda Monetary Authority · Bermuda Monetary Authority: Celebrating 50 Years — 20 February 2019 release Citation S202 · Open source ↗

Single-page PDF, Bermuda Monetary Authority Act 1969 section

Source access and limitations

Same release family as S103, not independent corroboration.

By 30 June is a bound, not proof of the exact final tender day or redemption expiry.

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