AED to BMD
Currency conversion rates from AED to BMD
|1 AED||1 BMD|
|5 AED||5 BMD|
|10 AED||10 BMD|
|20 AED||20 BMD|
|50 AED||50 BMD|
|100 AED||100 BMD|
|250 AED||250 BMD|
|500 AED||500 BMD|
|1000 AED||1000 BMD|
|2000 AED||2000 BMD|
|5000 AED||5000 BMD|
|10000 AED||10000 BMD|
|1 BMD||1 AED|
|5 BMD||5 AED|
|10 BMD||10 AED|
|20 BMD||20 AED|
|50 BMD||50 AED|
|100 BMD||100 AED|
|250 BMD||250 AED|
|500 BMD||500 AED|
|1000 BMD||1000 AED|
|2000 BMD||2000 AED|
|5000 BMD||5000 AED|
|10000 BMD||10000 AED|
AED - United Arab Emirates Dirham (د.إ)
The United Arab Emirates dirham is the currency of the United Arab Emirates. The dirham is abbreviated by the currency code AED, and its symbol is د.إ. Unofficial abbreviations include ‘Dhs’ and ‘DH’. The most popular AED exchange is with Indian rupees (INR to AED). The dirham is a fiat currency, and its conversion factor has 6 significant digits.
The Dirham (AED) is the currency of the United Arab Emirates. 1 Dirham = 100 fils. Exchange can be done at a bank, but is less costly at an exchange office. The United Arab Emirates Dirham was pegged to the IMF’s drawing rights in 1978. In 1997 the Dirham was pegged to the US Dollar at 1 USD = 3.6725 dirham.
The United Arab Emirates Dirham is the currency in United Arab Emirates (AE, ARE, UAE). The symbol for AED can be written Dh, and Dhs. The United Arab Emirates Dirham is divided into 100 fils. The exchange rate for the United Arab Emirates Dirham was last updated on Today from The International Monetary Fund. The AED conversion factor has 6 significant digits.
- The United Arab Emirates is ranked second in the Corporation Council for the Arab States of the Gulf (CCASG).
- Natural gas and petroleum exports play an important role in the economy.
- The service sector is also an important source of income.
- Construction forms a huge part of the economy; there is currently an average of $350 billion in construction projects.
- The United Arab Emirates is part of the World Trade Organization.
- Imports are machinery, manufactured goods, and transport equipment.
- In 2009, 85% of exports were natural resources.
- The United Arab Emirates has the fastest-growing economy in the world.
- The original currency in the United Arab Emirates was the Bahraini Dinar.
- Before 1966 the United Arab Emirates used the Gulf Rupee.
- The United Arab Emirates dirham started circulating in December 1971. The dirham replaced the Dubai Riyal as well as the Qatar Riyal at par.
- From 1973 to 1982 the United Arab Emirates issued the Dirham.
- In 1976 the United Arab Emirates minted commemorative coins.
- In the late 1980s a fixed rate was established between the Dirham and the USD.
- 200-dirham denominations were produced only in 1989 and are scarce; however, the 200-dirham was re-introduced in May 2008 in a different color from the original.
- In 1997 the Dirham was pegged to the US Dollar.
BMD - Bermudan Dollar (BMD)
Bermuda’s official currency is the Bermudian Dollar (BMD). The symbol used for the Bermudian Dollar is the same as the US Dollar ($). The country also uses BD$ to distinguish the Bermudian Dollar from the USD. The Dollar is divided into 100 cents. No trading of the Bermudian Dollar is done outside the island of Bermuda.
The Bermuda Dollar is the currency in Bermuda (BM, BMU). The symbol for BMD can be written Bd$. The Bermuda Dollar is divided into 100 cents. The exchange rate for the Bermuda Dollar was last updated on Today from The International Monetary Fund. The BMD conversion factor has 6 significant digits.
- Bermuda’s economy is stable and the country has a high capita per income compared to the rest of the world.
- The tourist industry accounts for 28% of the GDP and mainly receives business from North America. The service industry accounts for 89% of the total GDP.
- International Business accounts for 60% of the economic output of Bermuda.
- Bermuda imports 80% of its food products.
- The island is also an offshore financial institution.
- The unemployment rate is estimated at 2.1%.
- The main export product is pharmaceuticals.
- Import products are food, construction material, machinery, live animals, clothing, and fuels.
- Like its Caribbean neighbors, Bermuda used the Spanish Dollar for over four decades.
- In 1842, the Sterling became the official currency of Bermuda.
- During the 1850s the Spanish Dollar was taken out of circulation; however, it was put back into circulation in 1870s.
- In 1876, legislation was enacted to prevent the Spanish Dollar from returning.
- Until 1970, the Bermuda Sterling was the official currency of Bermuda.
- Bermuda introduced the Dollar in 1970 but kept the Sterling. At that point the Sterling and Dollar had a fixed exchange rate of $2.40 = £ 1.
- In 1972, the Sterling era ended and Bermuda pegged its dollar to the US Dollar at par.
- Control over the Sterling was abolished in 1979.