Convert Bermudan Dollar to Rwandan Franc
Please provide values below to convert Bermudan Dollar [BMD] to Rwandan Franc [RWF], or Convert Rwandan Franc to Bermudan Dollar.
How to Convert Bermudan Dollar to Rwandan Franc
1 BMD = 0.000690907477954179 RWF
Example: convert 15 BMD to RWF:
15 BMD = 15 × 0.000690907477954179 RWF = 0.0103636121693127 RWF
Bermudan Dollar to Rwandan Franc Conversion Table
| Bermudan Dollar | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.