Catalog
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| Issuer | Bermuda Monetary Authority |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#35 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BERMUDA MONETARY AUTHORITY FIVE DOLLARS QUO FATA FERUNT $5 (Translation: Whither the fates carry us.) |
| Signature(s) | Log in to see details |
| Protection type | Watermark, Security thread |
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| Variants | Log in to see details |
| Comments |
The Bermuda Monetary Authority was established in 1969, replacing the Bermuda Currency Board and taking on broader regulatory functions alongside note issuance. By the 1989 series, De La Rue had held the Bermuda printing contract for decades — a relationship dating to the earliest Currency Board issues — and the security specification for this note reflects late-1980s standard practice: a metallic thread and watermark, without the windowed thread technology De La Rue would introduce to other clients in the early 1990s.
Bermuda's dollar has been pegged to the US dollar at par since 1970, which kept demand for circulating notes relatively stable and predictable — these were working currency, not reserve instruments.