Group of 10 Notes - Bermuda - 2 Bermudian Dollars - P-57 - Foreign Paper Money

Foreign Paper Money. Bluebird/Clocktower, Dockyard. Front and back shown. P-57. Sold as a set of 10 notes.

The Bermudian dollar (BMD), the official currency of Bermuda, has been in circulation since replacing the pound in February 1970. It’s pegged to the U.S. dollar, which is also legal tender on the island. This economic alignment, maintained by the Bermuda Monetary Authority (BMA), stabilizes Bermuda’s primary industries, including international financial services and tourism. Visitors and businesses often use the currencies interchangeably, although the BMD isn’t traded outside the island.

Managed by the BMA, the Bermudian currency features vibrant and secure designs that celebrate the island’s natural heritage. The current banknotes ($2-$100) include local landmarks and wildlife, such as the Bermuda bluebird and cardinal. In late 2025, the BMA introduced polymer banknotes ($2-$5) with updated security measures and King Charles III’s portrait. These modern vertical notes are the standard, while older horizontal series were withdrawn in 2014 but remain exchangeable for ten years.