Convert Bermudan Dollar to Angolan Kwanza
Please provide values below to convert Bermudan Dollar [BMD] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Bermudan Dollar.
How to Convert Bermudan Dollar to Angolan Kwanza
1 BMD = 0.00108754734365474 AOA
Example: convert 15 BMD to AOA:
15 BMD = 15 × 0.00108754734365474 AOA = 0.0163132101548211 AOA
Bermudan Dollar to Angolan Kwanza Conversion Table
Bermudan Dollar | Angolan Kwanza |
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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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.