Convert Indian Rupee to Bermudan Dollar
Please provide values below to convert Indian Rupee [INR] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Indian Rupee.
How to Convert Indian Rupee to Bermudan Dollar
1 INR = 86.3873 BMD
Example: convert 15 INR to BMD:
15 INR = 15 × 86.3873 BMD = 1295.8095 BMD
Indian Rupee to Bermudan Dollar Conversion Table
| Indian Rupee | Bermudan Dollar |
|---|
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.
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.