Convert Ethiopian Birr to Bermudan Dollar
Please provide values below to convert Ethiopian Birr [ETB] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Ethiopian Birr.
How to Convert Ethiopian Birr to Bermudan Dollar
1 ETB = 136.6372 BMD
Example: convert 15 ETB to BMD:
15 ETB = 15 × 136.6372 BMD = 2049.558 BMD
Ethiopian Birr to Bermudan Dollar Conversion Table
Ethiopian Birr | Bermudan Dollar |
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Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.
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.