Convert Bermudan Dollar to Ugandan Shilling
Please provide values below to convert Bermudan Dollar [BMD] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Bermudan Dollar.
How to Convert Bermudan Dollar to Ugandan Shilling
1 BMD = 0.00028040512708437 UGX
Example: convert 15 BMD to UGX:
15 BMD = 15 × 0.00028040512708437 UGX = 0.00420607690626556 UGX
Bermudan Dollar to Ugandan Shilling Conversion Table
| Bermudan Dollar | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.