The 1-cent coin features the famous "wild hog," a nod to the island's early "hogge money" history.
: The currency is essentially non-exchangeable abroad . bermuda dollar
: Bermuda introduced the dollar to decimalize its economy, replacing the pound. The 1-cent coin features the famous "wild hog,"
: The BMD is pegged to the US dollar (USD) at a strict 1:1 ratio . bermuda dollar
: All currency is issued and regulated by the Bermuda Monetary Authority (BMA) . 1 BMD equals As of Apr 27, 4:58 PM PDT • Disclaimer Apr 27, 2026 Currency Denominations
: Bermuda's first minted currency featured a hog and a galleon.
: The formal 1:1 peg to the US dollar was established to simplify trade and attract American tourists.