Convert Bermudan Dollar to Bahraini Dinar
Please provide values below to convert Bermudan Dollar [BMD] to Bahraini Dinar [BHD], or Convert Bahraini Dinar to Bermudan Dollar.
How to Convert Bermudan Dollar to Bahraini Dinar
1 BMD = 2.65957446808511 BHD
Example: convert 15 BMD to BHD:
15 BMD = 15 × 2.65957446808511 BHD = 39.8936170212766 BHD
Bermudan Dollar to Bahraini Dinar Conversion Table
| Bermudan Dollar | Bahraini Dinar |
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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.
Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.