BYR to BMD
Currency conversion rates from BYR to BMD
|1 BYR||1 BMD|
|5 BYR||5 BMD|
|10 BYR||10 BMD|
|20 BYR||20 BMD|
|50 BYR||50 BMD|
|100 BYR||100 BMD|
|250 BYR||250 BMD|
|500 BYR||500 BMD|
|1000 BYR||1000 BMD|
|2000 BYR||2000 BMD|
|5000 BYR||5000 BMD|
|10000 BYR||10000 BMD|
|1 BMD||1 BYR|
|5 BMD||5 BYR|
|10 BMD||10 BYR|
|20 BMD||20 BYR|
|50 BMD||50 BYR|
|100 BMD||100 BYR|
|250 BMD||250 BYR|
|500 BMD||500 BYR|
|1000 BMD||1000 BYR|
|2000 BMD||2000 BYR|
|5000 BMD||5000 BYR|
|10000 BMD||10000 BYR|
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.
BYR - Belarusian Ruble (2000–2016) (p.)
Belarusian Ruble (2000–2016)
The official currency of Belarus is the Belarusian Ruble (BYR). The symbol used for the Belarusian Ruble is Br. Two ruble series editions were introduced. In 2008, the Belarusian Ruble was tied to the US Dollar rather than to the Russian Ruble, though it is not an official peg.
The Old Belarusian Ruble is the currency in Belarus (BY, BLR, Belorussia). The symbol for BYR can be written BR. The exchange rate for the Old Belarusian Ruble was last updated on May 24, 2019 from Yahoo Finance. The BYR conversion factor has 3 significant digits.
- The Belarus economy shows a stable economic growth of 9%.
- The main industries are radios, textiles, refrigerators, televisions, trucks, tractors, earthmovers, radios, metal cutting, motorcycles, and machine tools.
- Agriculture accounts for 11% of the total GDP.
- Peat is the main mineral resource; it is used for fertilizer and in the chemical industry.
- The economy is still dependent on Russia.
- Inflation is estimated at 10% and the unemployment rate is estimated at 8%.
- 80% of the industry-based economy is controlled by the state.
- The educational level in Belarus is high, and the country has a large agricultural base.
- In 1991, companies started the privatization process; however, most of the privatization has been re-nationalized.
- Belarus is changing from a state-run economy to a free-market system.
- The country imports oil and gas from Russia.
- The first Belarusian Ruble was introduced in 1992, because Belarus did not have a license to print Soviet Union banknotes.
- In 2000, the second Belarusian Ruble was introduced to replace the first at a rate of 1,000 old Rubles = 1 new Ruble. Only banknotes and commemorative coins were issued.
- Only banknotes were issued in 2000.
- In 2009, the Central Bank of Belarus reduced the exchange rate by +/- 20%.
- In 2011, the Central Bank of Belarus again reduced the exchange rate by +/- 56%.