Convert Kazakhstani Tenge to Bermudan Dollar
Please provide values below to convert Kazakhstani Tenge [KZT] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Bermudan Dollar
1 KZT = 534.7082 BMD
Example: convert 15 KZT to BMD:
15 KZT = 15 × 534.7082 BMD = 8020.623 BMD
Kazakhstani Tenge to Bermudan Dollar Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
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.