Convert Bermudan Dollar to Swiss Franc
Please provide values below to convert Bermudan Dollar [BMD] to Swiss Franc [CHF], or Convert Swiss Franc to Bermudan Dollar.
How to Convert Bermudan Dollar to Swiss Franc
1 BMD = 1.25801987671405 CHF
Example: convert 15 BMD to CHF:
15 BMD = 15 × 1.25801987671405 CHF = 18.8702981507108 CHF
Bermudan Dollar to Swiss Franc 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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.