Convert Bermudan Dollar to Macanese Pataca
Please provide values below to convert Bermudan Dollar [BMD] to Macanese Pataca [MOP], or Convert Macanese Pataca to Bermudan Dollar.
How to Convert Bermudan Dollar to Macanese Pataca
1 BMD = 0.123676659740774 MOP
Example: convert 15 BMD to MOP:
15 BMD = 15 × 0.123676659740774 MOP = 1.85514989611161 MOP
Bermudan Dollar to Macanese Pataca Conversion Table
| Bermudan Dollar | Macanese Pataca |
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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.
Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.