Convert Bermudan Dollar to Jamaican Dollar
Please provide values below to convert Bermudan Dollar [BMD] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Bermudan Dollar.
How to Convert Bermudan Dollar to Jamaican Dollar
1 BMD = 0.0062469741219097 JMD
Example: convert 15 BMD to JMD:
15 BMD = 15 × 0.0062469741219097 JMD = 0.0937046118286455 JMD
Bermudan Dollar to Jamaican Dollar Conversion Table
| Bermudan Dollar | Jamaican Dollar |
|---|
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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.