Convert Bermudan Dollar to Guyanaese Dollar
Please provide values below to convert Bermudan Dollar [BMD] to Guyanaese Dollar [GYD], or Convert Guyanaese Dollar to Bermudan Dollar.
How to Convert Bermudan Dollar to Guyanaese Dollar
1 BMD = 0.00477803403967011 GYD
Example: convert 15 BMD to GYD:
15 BMD = 15 × 0.00477803403967011 GYD = 0.0716705105950516 GYD
Bermudan Dollar to Guyanaese Dollar Conversion Table
| Bermudan Dollar | Guyanaese Dollar |
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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.
Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.