page_title: Bermudian pound
section_title: Banknotes
hierarchical_section_title: Bermudian pound / Banknotes
caption_attribution_description: English: 1952 £1 banknote of Bermuda
context_page_description: The pound was the currency of Bermuda until 1970. It was equivalent to the pound sterling, alongside which it circulated, and was similarly divided into 20 shillings each of 12 pence. Bermuda decimalised in 1970, replacing the pound with the Bermudian dollar at a rate of 1 dollar = 8 shillings 4 pence, equal to the U.S. dollar.
context_section_description: In 1914, the government introduced 1 pound notes. In 1920, 5 shilling notes were introduced, followed by 10 shillings in 1927 and 5 pounds in 1941. The 5 shilling note ceased production in 1957, with 10 pound notes introduced in 1964.
caption: 1952 £1 banknote of Bermuda
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