Convert Bermudan Dollar to Egyptian Pound
Please provide values below to convert Bermudan Dollar [BMD] to Egyptian Pound [EGP], or Convert Egyptian Pound to Bermudan Dollar.
How to Convert Bermudan Dollar to Egyptian Pound
1 BMD = 0.0203775553454403 EGP
Example: convert 15 BMD to EGP:
15 BMD = 15 × 0.0203775553454403 EGP = 0.305663330181605 EGP
Bermudan Dollar to Egyptian Pound Conversion Table
| Bermudan Dollar | Egyptian Pound |
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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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.