Convert Bermudan Dollar to Saint Helena Pound
Please provide values below to convert Bermudan Dollar [BMD] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to Bermudan Dollar.
How to Convert Bermudan Dollar to Saint Helena Pound
1 BMD = 1.35080372821829 SHP
Example: convert 15 BMD to SHP:
15 BMD = 15 × 1.35080372821829 SHP = 20.2620559232743 SHP
Bermudan Dollar to Saint Helena Pound Conversion Table
| Bermudan Dollar | Saint Helena Pound |
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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.
Saint Helena Pound
The Saint Helena Pound (SHP) is the official currency of Saint Helena, a British Overseas Territory, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1961, replacing the Saint Helena Pound's predecessor, it has maintained a fixed exchange rate with the British Pound, reflecting the territory's historical and economic ties to the UK.
Current Use
The SHP is used for all local transactions on Saint Helena and is interchangeable with the British Pound Sterling, which is also accepted on the island.