Convert Bermudan Dollar to Aruban Florin
Please provide values below to convert Bermudan Dollar [BMD] to Aruban Florin [AWG], or Convert Aruban Florin to Bermudan Dollar.
How to Convert Bermudan Dollar to Aruban Florin
1 BMD = 0.558659217877095 AWG
Example: convert 15 BMD to AWG:
15 BMD = 15 × 0.558659217877095 AWG = 8.37988826815642 AWG
Bermudan Dollar to Aruban Florin Conversion Table
| Bermudan Dollar | Aruban Florin |
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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.
Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.