Convert Bermudan Dollar to Namibian Dollar
Please provide values below to convert Bermudan Dollar [BMD] to Namibian Dollar [NAD], or Convert Namibian Dollar to Bermudan Dollar.
How to Convert Bermudan Dollar to Namibian Dollar
1 BMD = 0.0569258881861704 NAD
Example: convert 15 BMD to NAD:
15 BMD = 15 × 0.0569258881861704 NAD = 0.853888322792556 NAD
Bermudan Dollar to Namibian Dollar Conversion Table
| Bermudan Dollar | Namibian Dollar |
|---|
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.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.