Convert Iraqi Dinar to Bermudan Dollar
Please provide values below to convert Iraqi Dinar [IQD] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Iraqi Dinar.
How to Convert Iraqi Dinar to Bermudan Dollar
1 IQD = 1309.6526 BMD
Example: convert 15 IQD to BMD:
15 IQD = 15 × 1309.6526 BMD = 19644.789 BMD
Iraqi Dinar to Bermudan Dollar Conversion Table
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Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.
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.