Convert Liberian Dollar to Bermudan Dollar
Please provide values below to convert Liberian Dollar [LRD] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Liberian Dollar.
How to Convert Liberian Dollar to Bermudan Dollar
1 LRD = 200.4838 BMD
Example: convert 15 LRD to BMD:
15 LRD = 15 × 200.4838 BMD = 3007.257 BMD
Liberian Dollar to Bermudan Dollar Conversion Table
| Liberian Dollar | Bermudan Dollar |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.