Convert Bermudan Dollar to Costa Rican Colón
Please provide values below to convert Bermudan Dollar [BMD] to Costa Rican Colón [CRC], or Convert Costa Rican Colón to Bermudan Dollar.
How to Convert Bermudan Dollar to Costa Rican Colón
1 BMD = 0.00198286802030457 CRC
Example: convert 15 BMD to CRC:
15 BMD = 15 × 0.00198286802030457 CRC = 0.0297430203045685 CRC
Bermudan Dollar to Costa Rican Colón Conversion Table
| Bermudan Dollar | Costa Rican Colón |
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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.
Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.