Convert Colombian Peso to Bermudan Dollar
Please provide values below to convert Colombian Peso [COP] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Colombian Peso.
How to Convert Colombian Peso to Bermudan Dollar
1 COP = 4031.4248 BMD
Example: convert 15 COP to BMD:
15 COP = 15 × 4031.4248 BMD = 60471.372 BMD
Colombian Peso to Bermudan Dollar Conversion Table
| Colombian Peso | Bermudan Dollar |
|---|
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.
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.