Bermudian pound

Bermudian pound
Unit
Symbol£
Denominations
Subunit
120shilling (s or /–)
1240penny (d)
Banknotes5/–, 10/–, £1, £5, £10
Coins5/–
Demographics
Date of withdrawal1970
Replaced byBermudian dollar
User(s)Bermuda
Issuance
Central bankBermuda Currency Commissioners
Valuation
Pegged withsterling at par
This infobox shows the latest status before this currency was rendered obsolete.

The pound was the currency of Bermuda until 1970. It was equivalent to sterling, alongside which it circulated, and was similarly divided into 20 shillings each of 12 pence. Bermuda decimalised in 1970, replacing the pound with the Bermudian dollar at a rate of $1 = 8s.4d. (i.e., $1 = 100d), equal to the US dollar.