Convert Bermudan Dollar to Armenian Dram
Please provide values below to convert Bermudan Dollar [BMD] to Armenian Dram [AMD], or Convert Armenian Dram to Bermudan Dollar.
How to Convert Bermudan Dollar to Armenian Dram
1 BMD = 0.00260380728701507 AMD
Example: convert 15 BMD to AMD:
15 BMD = 15 × 0.00260380728701507 AMD = 0.0390571093052261 AMD
Bermudan Dollar to Armenian Dram Conversion Table
| Bermudan Dollar | Armenian Dram |
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.