Convert Czech Republic Koruna to Bermudan Dollar
Please provide values below to convert Czech Republic Koruna [CZK] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Bermudan Dollar
1 CZK = 20.997 BMD
Example: convert 15 CZK to BMD:
15 CZK = 15 × 20.997 BMD = 314.955 BMD
Czech Republic Koruna to Bermudan Dollar Conversion Table
| Czech Republic Koruna | Bermudan Dollar |
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Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
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.