Convert Bermudan Dollar to Azerbaijani Manat
Please provide values below to convert Bermudan Dollar [BMD] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to Bermudan Dollar.
How to Convert Bermudan Dollar to Azerbaijani Manat
1 BMD = 0.588062334607468 AZN
Example: convert 15 BMD to AZN:
15 BMD = 15 × 0.588062334607468 AZN = 8.82093501911203 AZN
Bermudan Dollar to Azerbaijani Manat Conversion Table
| Bermudan Dollar | Azerbaijani Manat |
|---|
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.
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.