Convert Bermudan Dollar to Indonesian Rupiah
Please provide values below to convert Bermudan Dollar [BMD] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Bermudan Dollar.
How to Convert Bermudan Dollar to Indonesian Rupiah
1 BMD = 6.139512866e-05 IDR
Example: convert 15 BMD to IDR:
15 BMD = 15 × 6.139512866e-05 IDR = 0.0009209269299 IDR
Bermudan Dollar to Indonesian Rupiah Conversion Table
| Bermudan Dollar | Indonesian Rupiah |
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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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.