Bermuda Monetary System
Bermuda Money


Bermuda money is as colorful as the beauty of the island. Each denomination is represented by a different color and contains the face of the "Queen".

The Bermuda monetary system's primary unit are known as the Bermuda Dollar. They have issued their own currency for 300+ years. The Bermuda Pound was replaced with the Bermuda dollar in 1970. Currently the value of the Bermuda dollar is equal to the American dollar at a rate of one to one. Before converting to the dollar, the British coinage was used although Bermuda printed its own banknotes. Currently all coins and banknotes are issued in Bermuda. The older banknotes issued by the Currency Board, the Government of Bermuda and the Bermuda Monetary Authority remain redeemable indefinitely.

All ATMs in Bermuda dispense Bermuda dollars only. If you need to visit an ATM while on the island, only withdraw what you need. If you have no plans to return to Bermuda in the very near future, then you should ask for change in US currency and make sure you change any Bermuda money before returning home. It's impossible to exchange the Bermuda currency once you're back in the United States unless you know someone going to or visiting from Bermuda.

Banknotes in circulation come in denominations of $2, $5, $10, $20, $50 and $100, the one dollar note was replaced by a coin, although the banknote is still recognized as a legal tender. Coins are issued in 1, 5, 10, 25 cents and $1 denominations. Currency is displayed below with denomination and color of bill.


Bermuda $2
$2.00 Blue
Bermuda $2
$2.00 (2009)
Bermuda $5
$5.00 Pink
Bermuda $5
$5.00 (2009)
Bermuda $10
$10.00 Purple
Bermuda $10
$10.00 (2009)


Bermuda $20
$20.00 Green
Bermuda $20
$20.00 (2009)
Bermuda $50
$50 Orange
Bermuda $50
$50.00 (2009)
Bermuda $100
$100.00 Orange
Bermuda $100
$100.00 (2009)

The penny is of copper color as the US, five, ten and twenty-five cents are silver and the dollar is gold.

Bermuda coins are different all together, not only because the face of the "Queen" is on the front but there are different variations on the back of each. The penny, nicknamed the "Hog Penny", actually has a pig on the back, five cents has a fish, ten cents has two items, the crab and the Easter Lily. My favorite is the 25¢ because it has the longtail which is located just over my heart. The dollar sports a sail ship on the back.



Bermuda Coins
1¢         5¢         10¢         25¢         $1.00


Top of Page