Convert Omani Rial to Bermudan Dollar
Please provide values below to convert Omani Rial [OMR] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Omani Rial.
How to Convert Omani Rial to Bermudan Dollar
1 OMR = 0.3845 BMD
Example: convert 15 OMR to BMD:
15 OMR = 15 × 0.3845 BMD = 5.7675 BMD
Omani Rial to Bermudan Dollar Conversion Table
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Omani Rial
The Omani Rial (OMR) is the official currency of Oman, used for all monetary transactions within the country.
History/Origin
The Omani Rial was introduced in 1970, replacing the Gulf rupee at par, and has since been the standard currency of Oman, with its value stabilized through pegging to the US dollar.
Current Use
The Omani Rial is widely used in Oman for everyday transactions, banking, and trade, and is subdivided into 1000 baisa.
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.