Convert Bermudan Dollar to Ethiopian Birr
Please provide values below to convert Bermudan Dollar [BMD] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Bermudan Dollar.
How to Convert Bermudan Dollar to Ethiopian Birr
1 BMD = 0.00731865114331968 ETB
Example: convert 15 BMD to ETB:
15 BMD = 15 × 0.00731865114331968 ETB = 0.109779767149795 ETB
Bermudan Dollar to Ethiopian Birr Conversion Table
| Bermudan Dollar | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.