Convert Bermudan Dollar to Kuwaiti Dinar
Please provide values below to convert Bermudan Dollar [BMD] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Bermudan Dollar.
How to Convert Bermudan Dollar to Kuwaiti Dinar
1 BMD = 3.27439423706614 KWD
Example: convert 15 BMD to KWD:
15 BMD = 15 × 3.27439423706614 KWD = 49.1159135559921 KWD
Bermudan Dollar to Kuwaiti Dinar Conversion Table
| Bermudan Dollar | Kuwaiti Dinar |
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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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.