Convert Singapore Dollar to Bermudan Dollar
Please provide values below to convert Singapore Dollar [SGD] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Singapore Dollar.
How to Convert Singapore Dollar to Bermudan Dollar
1 SGD = 1.2797 BMD
Example: convert 15 SGD to BMD:
15 SGD = 15 × 1.2797 BMD = 19.1955 BMD
Singapore Dollar to Bermudan Dollar Conversion Table
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.