Convert Bermudan Dollar to Japanese Yen
Please provide values below to convert Bermudan Dollar [BMD] to Japanese Yen [JPY], or Convert Japanese Yen to Bermudan Dollar.
How to Convert Bermudan Dollar to Japanese Yen
1 BMD = 0.00681054162875465 JPY
Example: convert 15 BMD to JPY:
15 BMD = 15 × 0.00681054162875465 JPY = 0.10215812443132 JPY
Bermudan Dollar to Japanese Yen Conversion Table
| Bermudan Dollar | Japanese Yen |
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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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.