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Local businesses are required by law to accept USD at this 1:1 rate.

The (ISO 4217 code: BMD ; symbol: ) is the official currency of the British Overseas Territory of Bermuda. Financial Fundamentals

The 1-cent coin features the famous "wild hog," a nod to the island's early "hogge money" history.

Travelers are advised to exchange any remaining BMD back to USD before leaving the island, as it is only useful as a souvenir elsewhere.

: The BMD is pegged to the US dollar (USD) at a strict 1:1 ratio .

: 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

: Currently issued in denominations of $2, $5, $10, $20, $50, and $100 .