Convert Bermudan Dollar to Kyrgystani Som
Please provide values below to convert Bermudan Dollar [BMD] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to Bermudan Dollar.
How to Convert Bermudan Dollar to Kyrgystani Som
1 BMD = 0.0114551211264508 KGS
Example: convert 15 BMD to KGS:
15 BMD = 15 × 0.0114551211264508 KGS = 0.171826816896762 KGS
Bermudan Dollar to Kyrgystani Som Conversion Table
| Bermudan Dollar | Kyrgystani Som |
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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.
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.