Convert Bermudan Dollar to Jersey Pound
Please provide values below to convert Bermudan Dollar [BMD] to Jersey Pound [JEP], or Convert Jersey Pound to Bermudan Dollar.
How to Convert Bermudan Dollar to Jersey Pound
1 BMD = 1.35080372821829 JEP
Example: convert 15 BMD to JEP:
15 BMD = 15 × 1.35080372821829 JEP = 20.2620559232743 JEP
Bermudan Dollar to Jersey Pound Conversion Table
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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.
Jersey Pound
The Jersey Pound (JEP) is the official currency of Jersey, a British Crown Dependency, used for everyday transactions and financial purposes within the island.
History/Origin
The Jersey Pound was introduced in 1961, replacing the British Pound Sterling in Jersey, and has since been pegged to the British Pound at par, maintaining its value and stability as a local currency.
Current Use
Today, the Jersey Pound is widely used for all local transactions, with banknotes and coins issued specifically for Jersey, and it is accepted alongside the British Pound Sterling within the island.