Convert Bermudan Dollar to Belize Dollar
Please provide values below to convert Bermudan Dollar [BMD] to Belize Dollar [BZD], or Convert Belize Dollar to Bermudan Dollar.
How to Convert Bermudan Dollar to Belize Dollar
1 BMD = 0.5 BZD
Example: convert 15 BMD to BZD:
15 BMD = 15 × 0.5 BZD = 7.5 BZD
Bermudan Dollar to Belize Dollar Conversion Table
Bermudan Dollar | Belize Dollar |
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Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.
Belize Dollar
The Belize Dollar (BZD) is the official currency of Belize, used for all monetary transactions within the country.
History/Origin
The Belize Dollar was introduced in 1973, replacing the Belizean dollar at par with the British dollar, and has since been the country's standard currency, maintaining stability through pegging to the US dollar.
Current Use
The Belize Dollar is widely used in Belize for everyday transactions, banking, and trade, and is pegged to the US dollar at a rate of 2 BZD to 1 USD.