CRC to BMD

CRC - Costa Rican Colón ()
BMD - Bermudan Dollar ($)
1 CRC1 BMD

Currency conversion rates from CRC to BMD

CRCBMD
1 CRC1 BMD
5 CRC5 BMD
10 CRC10 BMD
20 CRC20 BMD
50 CRC50 BMD
100 CRC100 BMD
250 CRC250 BMD
500 CRC500 BMD
1000 CRC1000 BMD
2000 CRC2000 BMD
5000 CRC5000 BMD
10000 CRC10000 BMD
BMDCRC
1 BMD1 CRC
5 BMD5 CRC
10 BMD10 CRC
20 BMD20 CRC
50 BMD50 CRC
100 BMD100 CRC
250 BMD250 CRC
500 BMD500 CRC
1000 BMD1000 CRC
2000 BMD2000 CRC
5000 BMD5000 CRC
10000 BMD10000 CRC

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)


CRC - Costa Rican Colón ()

Costa Rican Colón

The Costa Rican Colon (CRC) is the currency of Costa Rica. The symbol for the Colon is ₡; the currency is subdivided into 100 centimos. Many places in Costa Rica accept the US Dollar unofficially. The name of the Colon is derived from the Spanish explorer Christopher Columbus (Cristobal Colon in Spanish).

The Costa Rican Colon is the currency in Costa Rica (CR, CRI). The symbol for CRC can be written C. The Costa Rican Colon is divided into 100 centimos. The exchange rate for the Costa Rican Colon was last updated on May 24, 2019 from Yahoo Finance. The CRC conversion factor has 5 significant digits.

Economy

  • Costa Rica’s main income is from agriculture, tourism, and electronics.
  • The service industry accounts for 68% of the country’s GDP.
  • The main industries are textiles, clothing, plastic products, food processing, fertilizer, microprocessors, construction material, and medical equipment.
  • Export products are coffee, bananas, sugar, seafood, medical equipment, ornamental plants, electronics, and pineapples.
  • Import products are consumer goods, petroleum, raw as well as construction materials, and capital equipment.
  • The unemployment rate is 7.8%.
  • GDP growth is currently ~-1%.

History

  • In 1896, the Costa Rican Peso was replaced by the Costa Rican Colon.
  • In 1897, new coins were issued.
  • Between 1917 and 1919, a subunit, the centavo, was introduced at 1/100 of a Colon. The country issued 5 centavos and 10 centavos in place of centimos. During that time 50 centavo coins were minted but never distributed.
  • From 1914 to 1938, the International Bank of Costa Rica issued and distributed 5, 10, 20, 50, and 100 Colones notes. In the same period the National Bank of Costa Rica became the official bank for issuing paper money; they printed notes from 1937 to 1949.
  • During the 1950s the Central Bank of Costa Rica started issuing banknotes.
  • In 1958, the Central Bank added 1,000 colon notes to the range.
  • In 2010, Costa Rican Colon notes were replaced by a new issue.

More information about CRC - Costa Rican Colón ()