Bermuda Dollar -

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

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

: The island used the Bermudian pound (equal to the British pound sterling) for roughly 130 years. : The BMD is pegged to the US

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

All coins feature the effigy of the British monarch on the obverse. Historical Evolution

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