AFN to BMD
Currency conversion rates from AFN to BMD
|1 AFN||1 BMD|
|5 AFN||5 BMD|
|10 AFN||10 BMD|
|20 AFN||20 BMD|
|50 AFN||50 BMD|
|100 AFN||100 BMD|
|250 AFN||250 BMD|
|500 AFN||500 BMD|
|1000 AFN||1000 BMD|
|2000 AFN||2000 BMD|
|5000 AFN||5000 BMD|
|10000 AFN||10000 BMD|
|1 BMD||1 AFN|
|5 BMD||5 AFN|
|10 BMD||10 AFN|
|20 BMD||20 AFN|
|50 BMD||50 AFN|
|100 BMD||100 AFN|
|250 BMD||250 AFN|
|500 BMD||500 AFN|
|1000 BMD||1000 AFN|
|2000 BMD||2000 AFN|
|5000 BMD||5000 AFN|
|10000 BMD||10000 AFN|
AFN - Afghan Afghani (؋)
The Afghan Afghani (AFN) was introduced in 2003 as the new currency for Afghanistan. Two distinct rates were established: the government issue of 1000 and the northern alliance of 2000. Prior to 2003 the currency was the Afghanistan Afghani (AFA). There is no stock market. Money lending as well as foreign exchange is done through money bazaars.
The Afghan Afghani is the currency in Afghanistan (AF, AFG). The symbol for AFN can be written Af. The Afghan Afghani is divided into 100 puls. The exchange rate for the Afghan Afghani was last updated on May 24, 2019 from Yahoo Finance. The AFN conversion factor has 3 significant digits.
- Afghanistan relies on foreign aid, trade, and farming from bordering countries.
- The country and international concerns are focusing on improving infrastructure by creating jobs, promoting development of housing, and investing in education.
- International groups contributed over $2 billion to help Afghanistan’s dying economy.
- Afghanistan's agricultural products include wheat, wool, nuts, mutton, opium, lamb skin, and sheep skin.
- Afghanistan exports mainly nuts, fruit, carpets, and cotton.
- Imports include textiles, petroleum products, and capital goods.
- The first Afghani (AFA) was introduced in 1925. Before this time period the Afghan Rupee was the official currency.
- From the year 1925 to the year 1928 Afghani treasury notes were introduced.
- In 1975, all Afghanistan banks were nationalized.
- In 1981, the Afghani was pegged to the United States Dollar at 1 USD = 50 Afghanis.
- Afghanistan was taken over by Taliban rulers in 1996. The Taliban central bank declared the Afghanistan Afghani worthless and the bank cancelled the contract they had with Russia for printing their money. The country's currency was devalued against the US dollar to a rate of 1 USD = 43 Afghani.
- In 2002, the new Afghan Afghani currency (AFN) was introduced. In October, 2003 Afghanistan started using AFN as the official currency in local trade.
- In 2005, Afghani coins replaced the 1, 2, and 5 Afghani banknotes.
- Since 2005 the Afghanistan economy has grown at a steady pace.
BMD - Bermudan Dollar (BMD)
Bermuda’s official currency is the Bermudian Dollar (BMD). The symbol used for the Bermudian Dollar is the same as the US Dollar ($). 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.