Convert Costa Rican Colón to Bermudan Dollar
Please provide values below to convert Costa Rican Colón [CRC] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Costa Rican Colón.
How to Convert Costa Rican Colón to Bermudan Dollar
1 CRC = 504.32 BMD
Example: convert 15 CRC to BMD:
15 CRC = 15 × 504.32 BMD = 7564.8 BMD
Costa Rican Colón to Bermudan Dollar Conversion Table
| Costa Rican Colón | Bermudan Dollar |
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Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.
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.