Convert British Pound Sterling to Bermudan Dollar

Please provide values below to convert British Pound Sterling [GBP] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to British Pound Sterling.

How to Convert British Pound Sterling to Bermudan Dollar

1 GBP = 0.7402 BMD

Example: convert 15 GBP to BMD:
15 GBP = 15 × 0.7402 BMD = 11.103 BMD

British Pound Sterling to Bermudan Dollar Conversion Table

British Pound Sterling	Bermudan Dollar

British Pound Sterling

The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.

History/Origin

The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.

Current Use

Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.

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.

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