Convert Bermudan Dollar to Indian Rupee
Please provide values below to convert Bermudan Dollar [BMD] to Indian Rupee [INR], or Convert Indian Rupee to Bermudan Dollar.
How to Convert Bermudan Dollar to Indian Rupee
1 BMD = 0.011575775605905 INR
Example: convert 15 BMD to INR:
15 BMD = 15 × 0.011575775605905 INR = 0.173636634088576 INR
Bermudan Dollar to Indian Rupee Conversion Table
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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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.