Convert Turkmenistani Manat to Bermudan Dollar
Please provide values below to convert Turkmenistani Manat [TMT] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Bermudan Dollar
1 TMT = 3.5 BMD
Example: convert 15 TMT to BMD:
15 TMT = 15 × 3.5 BMD = 52.5 BMD
Turkmenistani Manat to Bermudan Dollar Conversion Table
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Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.
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.