Convert Brunei Dollar to Bermudan Dollar
Please provide values below to convert Brunei Dollar [BND] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Brunei Dollar.
How to Convert Brunei Dollar to Bermudan Dollar
1 BND = 1.2796 BMD
Example: convert 15 BND to BMD:
15 BND = 15 × 1.2796 BMD = 19.194 BMD
Brunei Dollar to Bermudan Dollar Conversion Table
| Brunei Dollar | Bermudan Dollar |
|---|
Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore 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.