Convert Bermudan Dollar to Bangladeshi Taka
Please provide values below to convert Bermudan Dollar [BMD] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Bermudan Dollar.
How to Convert Bermudan Dollar to Bangladeshi Taka
1 BMD = 0.00821941227914439 BDT
Example: convert 15 BMD to BDT:
15 BMD = 15 × 0.00821941227914439 BDT = 0.123291184187166 BDT
Bermudan Dollar to Bangladeshi Taka Conversion Table
Bermudan Dollar | Bangladeshi Taka |
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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.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.