US Dollar to Bermudian dollar — exchange rate

The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.

The Islands of Bermuda are part of the Great Britain territory, although they are located far away from the main United Kingdom’s territory. Here, there is a separate currency called the Bermudian dollar (BD$). For convenience purposes, the currency of Bermuda is abbreviated to BMD.

The Bermudian cents are used as change for BMD. There are coins worth 10 and 50 cents that are issued as of today. The $ currency has been issued since 1970 replacing the Bermudian pound. Commemorative coins are of special interest for numismatists. So-called “Bermuda triangles” have a corresponding shape, but are made out of different alloys and have different denomination.