Convert Bulgarian Lev to Bermudan Dollar
Please provide values below to convert Bulgarian Lev [BGN] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Bulgarian Lev.
How to Convert Bulgarian Lev to Bermudan Dollar
1 BGN = 1.6676 BMD
Example: convert 15 BGN to BMD:
15 BGN = 15 × 1.6676 BMD = 25.014 BMD
Bulgarian Lev to Bermudan Dollar Conversion Table
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.