Convert Kuwaiti Dinar to Bermudan Dollar
Please provide values below to convert Kuwaiti Dinar [KWD] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Bermudan Dollar
1 KWD = 0.3054 BMD
Example: convert 15 KWD to BMD:
15 KWD = 15 × 0.3054 BMD = 4.581 BMD
Kuwaiti Dinar to Bermudan Dollar Conversion Table
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
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.