Convert Bermudan Dollar to Nicaraguan Córdoba
Please provide values below to convert Bermudan Dollar [BMD] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Bermudan Dollar.
How to Convert Bermudan Dollar to Nicaraguan Córdoba
1 BMD = 0.0271841070836346 NIO
Example: convert 15 BMD to NIO:
15 BMD = 15 × 0.0271841070836346 NIO = 0.407761606254519 NIO
Bermudan Dollar to Nicaraguan Córdoba Conversion Table
| Bermudan Dollar | Nicaraguan Córdoba |
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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.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.