Convert Bermudan Dollar to Guatemalan Quetzal
Please provide values below to convert Bermudan Dollar [BMD] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Bermudan Dollar.
How to Convert Bermudan Dollar to Guatemalan Quetzal
1 BMD = 0.130298252700431 GTQ
Example: convert 15 BMD to GTQ:
15 BMD = 15 × 0.130298252700431 GTQ = 1.95447379050647 GTQ
Bermudan Dollar to Guatemalan Quetzal Conversion Table
| Bermudan Dollar | Guatemalan Quetzal |
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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.
Guatemalan Quetzal
The Guatemalan Quetzal (GTQ) is the official currency of Guatemala, used for all monetary transactions within the country.
History/Origin
The Quetzal was introduced as the official currency of Guatemala in 1925, replacing the Guatemalan peso. It was named after the quetzal bird, a symbol of liberty in Guatemala, and was initially pegged to the US dollar. The currency has undergone various reforms and decimalization since its inception.
Current Use
Today, the GTQ is widely used throughout Guatemala for everyday transactions, banking, and trade. It is managed by the Bank of Guatemala and remains the country's legal tender.