Convert Nigerian Naira to Bermudan Dollar
Please provide values below to convert Nigerian Naira [NGN] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Nigerian Naira.
How to Convert Nigerian Naira to Bermudan Dollar
1 NGN = 1530.7029 BMD
Example: convert 15 NGN to BMD:
15 NGN = 15 × 1530.7029 BMD = 22960.5435 BMD
Nigerian Naira to Bermudan Dollar Conversion Table
| Nigerian Naira | Bermudan Dollar |
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Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.
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.