BMD to BYN

BMD - Bermudan Dollar ($)
BYN - Belarusian Ruble (Br)
1 BMD1 BYN

Currency conversion rates from BMD to BYN

BMDBYN
1 BMD1 BYN
5 BMD5 BYN
10 BMD10 BYN
20 BMD20 BYN
50 BMD50 BYN
100 BMD100 BYN
250 BMD250 BYN
500 BMD500 BYN
1000 BMD1000 BYN
2000 BMD2000 BYN
5000 BMD5000 BYN
10000 BMD10000 BYN
BYNBMD
1 BYN1 BMD
5 BYN5 BMD
10 BYN10 BMD
20 BYN20 BMD
50 BYN50 BMD
100 BYN100 BMD
250 BYN250 BMD
500 BYN500 BMD
1000 BYN1000 BMD
2000 BYN2000 BMD
5000 BYN5000 BMD
10000 BYN10000 BMD

BMD - Bermudan Dollar (BMD)

Bermudan Dollar

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.

Economy

  • 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.

History

  • 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.

More information about BMD - Bermudan Dollar (BMD)


BYN - Belarusian Ruble (BYN)

Belarusian Ruble

The Belarusian Ruble is the currency in Belarus (BY, BLR, Belorussia). The symbol for BYN can be written BR. The Belarusian Ruble is divided into 100 kopeks. The exchange rate for the Belarusian Ruble was last updated on May 24, 2019 from Yahoo Finance. The BYN conversion factor has 3 significant digits.

More information about BYN - Belarusian Ruble (BYN)