what is the currency in bermuda
The Bermudian dollar (symbol : $ ; code: BMD; also abbreviated BD$) is the official currency of the British Overseas Territory of Bermuda. It is subdivided into 100 cents.The Bermudian dollar is not normally traded outside of Bermuda, and is pegged to the United States dollar at a one-to-one ratio.Both currencies circulate in Bermuda on an equal basis.ith U.S. and Canadian coins regularly appearing in circulation in Bermuda and the possibility of the devaluation of the pound sterling, Bermuda was compelled to adopt its own decimal currency. On 6 February 1970, Bermuda introduced a new decimal currency in the form of a dollar.