Convert Icelandic Króna to Bermudan Dollar
Please provide values below to convert Icelandic Króna [ISK] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Icelandic Króna.
How to Convert Icelandic Króna to Bermudan Dollar
1 ISK = 121.7115 BMD
Example: convert 15 ISK to BMD:
15 ISK = 15 × 121.7115 BMD = 1825.6725 BMD
Icelandic Króna to Bermudan Dollar Conversion Table
| Icelandic Króna | Bermudan Dollar |
|---|
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
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.