Convert Bermudan Dollar to Euro
Please provide values below to convert Bermudan Dollar [BMD] to Euro [EUR], or Convert Euro to Bermudan Dollar.
How to Convert Bermudan Dollar to Euro
1 BMD = 1.17274539697432 EUR
Example: convert 15 BMD to EUR:
15 BMD = 15 × 1.17274539697432 EUR = 17.5911809546148 EUR
Bermudan Dollar to Euro Conversion Table
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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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.