Convert Bermudan Dollar to Georgian Lari
Please provide values below to convert Bermudan Dollar [BMD] to Georgian Lari [GEL], or Convert Georgian Lari to Bermudan Dollar.
How to Convert Bermudan Dollar to Georgian Lari
1 BMD = 0.369085406363032 GEL
Example: convert 15 BMD to GEL:
15 BMD = 15 × 0.369085406363032 GEL = 5.53628109544549 GEL
Bermudan Dollar to Georgian Lari Conversion Table
| Bermudan Dollar | Georgian Lari |
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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.
Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.