Convert Chilean Peso to Bermudan Dollar
Please provide values below to convert Chilean Peso [CLP] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Chilean Peso.
How to Convert Chilean Peso to Bermudan Dollar
1 CLP = 954.3905 BMD
Example: convert 15 CLP to BMD:
15 CLP = 15 × 954.3905 BMD = 14315.8575 BMD
Chilean Peso to Bermudan Dollar Conversion Table
| Chilean Peso | Bermudan Dollar |
|---|
Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.
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.