Convert Bermudan Dollar to Cambodian Riel
Please provide values below to convert Bermudan Dollar [BMD] to Cambodian Riel [KHR], or Convert Cambodian Riel to Bermudan Dollar.
How to Convert Bermudan Dollar to Cambodian Riel
1 BMD = 0.000249063936779802 KHR
Example: convert 15 BMD to KHR:
15 BMD = 15 × 0.000249063936779802 KHR = 0.00373595905169703 KHR
Bermudan Dollar to Cambodian Riel Conversion Table
| Bermudan Dollar | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.