Convert Syrian Pound to Bermudan Dollar
Please provide values below to convert Syrian Pound [SYP] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Syrian Pound.
How to Convert Syrian Pound to Bermudan Dollar
1 SYP = 12904.6259 BMD
Example: convert 15 SYP to BMD:
15 SYP = 15 × 12904.6259 BMD = 193569.3885 BMD
Syrian Pound to Bermudan Dollar Conversion Table
Syrian Pound | Bermudan Dollar |
---|
Syrian Pound
The Syrian Pound (SYP) is the official currency of Syria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Syrian Pound was introduced in 1947, replacing the Syrian lira, and has undergone various devaluations and reforms due to economic challenges and conflicts in Syria.
Current Use
Today, the Syrian Pound remains the official currency of Syria, though its value is heavily affected by ongoing economic instability and sanctions, with limited use in some regions and a significant presence of foreign currencies.
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.