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1 Dollar - Elizabeth II
| Issuer | Bermuda Government |
|---|---|
| Year | 1970 |
| Type | Log in to see details |
| Value | 1 Dollar (1 BMD) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BERMUDA GOVERNMENT 6th FEBRUARY 1970 ONE DOLLAR ISSUED UNDER THE AUTHORITY OF THE BERMUDA LEGISLATURE MEMBER OF EXECUTIVE COUNCIL FOR FINANCE CHAIRMAN, BERMUDA MONETARY AUTHORITY QUO FATA FERUNT $1 (Translation: Whither the fates carry us.) |
| Reverse description | Log in to see details |
| Reverse lettering | BERMUDA GOVERNMENT ONE DOLLAR $1 |
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| Comments |
The Bermuda Government's 1970 dollar series marked the island's decimal conversion, which took effect on 6 February 1970 — Bermuda Day — when the new dollar replaced the pound at a rate of one dollar to one shilling. This was not a straightforward metrication but a deliberate break from sterling, timed to coincide with broader Caribbean currency realignments even though Bermuda itself remained a British Overseas Territory with no connection to the Eastern Caribbean Currency Authority.
De La Rue printed the entire 1970 series, as they had handled Bermuda's currency since the colonial pound notes. The watermark used is a lattice pattern characteristic of De La Rue security paper of this period.