Convert United Arab Emirates Dirham to Bermudan Dollar
Please provide values below to convert United Arab Emirates Dirham [AED] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Bermudan Dollar
1 AED = 3.6725 BMD
Example: convert 15 AED to BMD:
15 AED = 15 × 3.6725 BMD = 55.0875 BMD
United Arab Emirates Dirham to Bermudan Dollar Conversion Table
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
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.