Convert Bermudan Dollar to Turkmenistani Manat
Please provide values below to convert Bermudan Dollar [BMD] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Bermudan Dollar.
How to Convert Bermudan Dollar to Turkmenistani Manat
1 BMD = 0.285714285714286 TMT
Example: convert 15 BMD to TMT:
15 BMD = 15 × 0.285714285714286 TMT = 4.28571428571429 TMT
Bermudan Dollar to Turkmenistani Manat Conversion Table
| Bermudan Dollar | Turkmenistani Manat |
|---|
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.
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.