Convert Bermudan Dollar to Libyan Dinar
Please provide values below to convert Bermudan Dollar [BMD] to Libyan Dinar [LYD], or Convert Libyan Dinar to Bermudan Dollar.
How to Convert Bermudan Dollar to Libyan Dinar
1 BMD = 0.184229918938836 LYD
Example: convert 15 BMD to LYD:
15 BMD = 15 × 0.184229918938836 LYD = 2.76344878408254 LYD
Bermudan Dollar to Libyan Dinar Conversion Table
Bermudan Dollar | Libyan Dinar |
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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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.