Convert Bahraini Dinar to Bermudan Dollar
Please provide values below to convert Bahraini Dinar [BHD] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Bahraini Dinar.
How to Convert Bahraini Dinar to Bermudan Dollar
1 BHD = 0.376 BMD
Example: convert 15 BHD to BMD:
15 BHD = 15 × 0.376 BMD = 5.64 BMD
Bahraini Dinar to Bermudan Dollar Conversion Table
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Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.