Convert Uruguayan Peso to Bermudan Dollar
Please provide values below to convert Uruguayan Peso [UYU] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Uruguayan Peso.
How to Convert Uruguayan Peso to Bermudan Dollar
1 UYU = 40.2999 BMD
Example: convert 15 UYU to BMD:
15 UYU = 15 × 40.2999 BMD = 604.4985 BMD
Uruguayan Peso to Bermudan Dollar Conversion Table
| Uruguayan Peso | Bermudan Dollar |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.