Convert Bermudan Dollar to New Taiwan Dollar
Please provide values below to convert Bermudan Dollar [BMD] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Bermudan Dollar.
How to Convert Bermudan Dollar to New Taiwan Dollar
1 BMD = 0.0340541460922867 TWD
Example: convert 15 BMD to TWD:
15 BMD = 15 × 0.0340541460922867 TWD = 0.510812191384301 TWD
Bermudan Dollar to New Taiwan Dollar Conversion Table
| Bermudan Dollar | New Taiwan Dollar |
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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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.