Bermudian Dollar (BMD)
a.k.a. BMD, Bermuda dollar
The currency of Bermuda, code BMD, pegged one-to-one with the US dollar.
In plain English
The currency of Bermuda, code BMD, pegged one-to-one with the US dollar.
The Bermudian dollar (BMD) is fixed at par with the US dollar, and US dollars are accepted everywhere on the island, a hub for insurance and tourism.
It does not float, so it is not traded for speculation.
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