Convert Bermudan Dollar to Liberian Dollar
Please provide values below to convert Bermudan Dollar [BMD] to Liberian Dollar [LRD], or Convert Liberian Dollar to Bermudan Dollar.
How to Convert Bermudan Dollar to Liberian Dollar
1 BMD = 0.00498793418720116 LRD
Example: convert 15 BMD to LRD:
15 BMD = 15 × 0.00498793418720116 LRD = 0.0748190128080174 LRD
Bermudan Dollar to Liberian Dollar Conversion Table
| Bermudan Dollar | Liberian Dollar |
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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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.