Convert Egyptian Pound to Bermudan Dollar
Please provide values below to convert Egyptian Pound [EGP] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Egyptian Pound.
How to Convert Egyptian Pound to Bermudan Dollar
1 EGP = 49.0736 BMD
Example: convert 15 EGP to BMD:
15 EGP = 15 × 49.0736 BMD = 736.104 BMD
Egyptian Pound to Bermudan Dollar Conversion Table
| Egyptian Pound | Bermudan Dollar |
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Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.
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.