Bermudian dollar
- Dates in use
- Still in use; introduction date not established here
- Currency code
- BMD
- Ancestry branch
- Sterling
Its place in the family
All ancestors and descendants ↗Bermudian dollar
This currencyChildren 0
No successor is established here.
Trace its ancestry backward
Bermudian dollar
Pound sterling
Frankish denier–livre
Roman solidus–nomisma
Roman as–denarius accounting
Earlier ancestry is not established here.
The story
Bundesbank records February 6, 1970: 2.40 Bermudian dollars per Bermuda pound. [1]
BMA dates the Bermudian dollar’s U.S.-dollar parity to July 31, 1972. [2]
Bermuda Act s.9 converts covered sterling references and transactions from February 6, 1970. [3]
Turning points
Former currency tender end bound
BMA reports that all old Bermuda currency had been demonetized by June 30, 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
- Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025
- Bermuda Monetary Authority · Bermuda Monetary Authority: Celebrating 50 Years
- Bermuda; copy hosted by Bermuda Monetary Authority · Bermuda Monetary Authority Act 1969 — consolidated text
- Bermuda Monetary Authority · Bermuda Monetary Authority: Celebrating 50 Years — 20 February 2019 release
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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. Updated 2026-10-14; data version v49. https://familytreeofmoney.org/currency/T-FTM000523.html