Convert Bermudan Dollar to United Arab Emirates Dirham
Please provide values below to convert Bermudan Dollar [BMD] to United Arab Emirates Dirham [AED], or Convert United Arab Emirates Dirham to Bermudan Dollar.
How to Convert Bermudan Dollar to United Arab Emirates Dirham
1 BMD = 0.272294077603812 AED
Example: convert 15 BMD to AED:
15 BMD = 15 × 0.272294077603812 AED = 4.08441116405718 AED
Bermudan Dollar to United Arab Emirates Dirham Conversion Table
| Bermudan Dollar | United Arab Emirates Dirham |
|---|
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.
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.