Convert Bermudan Dollar to Algerian Dinar
Please provide values below to convert Bermudan Dollar [BMD] to Algerian Dinar [DZD], or Convert Algerian Dinar to Bermudan Dollar.
How to Convert Bermudan Dollar to Algerian Dinar
1 BMD = 0.0076922544382385 DZD
Example: convert 15 BMD to DZD:
15 BMD = 15 × 0.0076922544382385 DZD = 0.115383816573578 DZD
Bermudan Dollar to Algerian Dinar Conversion Table
| Bermudan Dollar | Algerian 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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.