Convert Hong Kong Dollar to Bermudan Dollar
Please provide values below to convert Hong Kong Dollar [HKD] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Bermudan Dollar
1 HKD = 7.8498 BMD
Example: convert 15 HKD to BMD:
15 HKD = 15 × 7.8498 BMD = 117.747 BMD
Hong Kong Dollar to Bermudan Dollar Conversion Table
| Hong Kong Dollar | Bermudan Dollar |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.