Convert Danish Krone to Bermudan Dollar
Please provide values below to convert Danish Krone [DKK] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Danish Krone.
How to Convert Danish Krone to Bermudan Dollar
1 DKK = 6.3588 BMD
Example: convert 15 DKK to BMD:
15 DKK = 15 × 6.3588 BMD = 95.382 BMD
Danish Krone to Bermudan Dollar Conversion Table
| Danish Krone | Bermudan Dollar |
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Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.
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.