Bermy. The Rock. Bermuda.
No matter what you call it, there’s no denying Bermuda is a semi-tropical paradise. A turquoise sea. An adventure with beauty. A land of sunsets on pink-sand beaches. All of this and more awaits you in Bermuda. Whether you plan to scuba-dive shipwrecks and coral reefs, play a round of golf on world-class greens or explore the lush greenery, having enough Bermudian dollars will go a long way to making your holiday picture-perfect.
If you don’t get lost in the Bermuda Triangle during transit, you’ll need some local currency (just kidding, everyone knows the Bermuda triangle is just a myth... right?). The Bermudian dollar, the official currency of the British Overseas Territory of Bermuda since 1970, is pegged to the USD at a rate of 1:1. Both currencies are used in Bermuda on an equal basis, so you can exchange Aussie dollars for either one before you go.
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Pick up locally
With over 140 convenient store locations across Australia, you can securely pick up your Bermudan Dollars with no hassles.
Check out our AUD to BDM chart above to find out how the Bermuda exchange rate stacks up against the Aussie dollar. If you’re in the process of deciding when to visit Bermuda, adjust the date range to see recent trends and an overview of the AUD to BDM exchange rate history. If you’re trying to keep an eye on how the currencies compare, sign up for currency alerts.
Coins and notes
The BMD is subdivided into 100 cents, just like the USD. Bermuda coins are circulated in 1c, 5c, 10c, 25c and 50c pieces.
If you’re lucky enough to come across the commemorative “Bermuda triangle” coin (a triangular coin minted in silver and gold), hang on to it! These pieces are regarded as collectors’ items.
Since 1970, Bermuda notes have been available in $2, $5, $10, $20, $50, $100 denominations.
Facts about the currency
- Instead of being pegged to the pound sterling (as a British territory), the BMD is pegged to the USD to make it more convenient for all of the American tourists and businesses in Bermuda.
- In 2009, BMD notes were completely redesigned for the first time since 1970. The new designs feature vertical notes, and the old-style horizontal notes are no longer legal tender.
- The new $2 note, with the Bermuda Bluebird on the front, is ranked among the 9 most beautiful banknotes in the world.
- Prior to 1970, Bermuda’s currency was officially the Bermuda sterling.
- All Bermuda coins depict the UK monarch on the obverse side.