Convert Bermudan Dollar to Australian Dollar
Please provide values below to convert Bermudan Dollar [BMD] to Australian Dollar [AUD], or Convert Australian Dollar to Bermudan Dollar.
How to Convert Bermudan Dollar to Australian Dollar
1 BMD = 0.653936698927544 AUD
Example: convert 15 BMD to AUD:
15 BMD = 15 × 0.653936698927544 AUD = 9.80905048391316 AUD
Bermudan Dollar to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.