Convert Bermudan Dollar to Argentine Peso
Please provide values below to convert Bermudan Dollar [BMD] to Argentine Peso [ARS], or Convert Argentine Peso to Bermudan Dollar.
How to Convert Bermudan Dollar to Argentine Peso
1 BMD = 0.000789783362423687 ARS
Example: convert 15 BMD to ARS:
15 BMD = 15 × 0.000789783362423687 ARS = 0.0118467504363553 ARS
Bermudan Dollar to Argentine Peso Conversion Table
| Bermudan Dollar | Argentine Peso |
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Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.