Convert Bermudan Dollar to Icelandic Króna
Please provide values below to convert Bermudan Dollar [BMD] to Icelandic Króna [ISK], or Convert Icelandic Króna to Bermudan Dollar.
How to Convert Bermudan Dollar to Icelandic Króna
1 BMD = 0.00821615048701232 ISK
Example: convert 15 BMD to ISK:
15 BMD = 15 × 0.00821615048701232 ISK = 0.123242257305185 ISK
Bermudan Dollar to Icelandic Króna Conversion Table
| Bermudan Dollar | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.