Convert Bermudan Dollar to Uruguayan Peso
Please provide values below to convert Bermudan Dollar [BMD] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Bermudan Dollar.
How to Convert Bermudan Dollar to Uruguayan Peso
1 BMD = 0.0248139573547329 UYU
Example: convert 15 BMD to UYU:
15 BMD = 15 × 0.0248139573547329 UYU = 0.372209360320993 UYU
Bermudan Dollar to Uruguayan Peso Conversion Table
| Bermudan Dollar | Uruguayan 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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.