Convert Macedonian Denar to Bermudan Dollar
Please provide values below to convert Macedonian Denar [MKD] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Macedonian Denar.
How to Convert Macedonian Denar to Bermudan Dollar
1 MKD = 52.8458 BMD
Example: convert 15 MKD to BMD:
15 MKD = 15 × 52.8458 BMD = 792.687 BMD
Macedonian Denar to Bermudan Dollar Conversion Table
| Macedonian Denar | Bermudan Dollar |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
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.