Convert Bermudan Dollar to Thai Baht
Please provide values below to convert Bermudan Dollar [BMD] to Thai Baht [THB], or Convert Thai Baht to Bermudan Dollar.
How to Convert Bermudan Dollar to Thai Baht
1 BMD = 0.0310437530655706 THB
Example: convert 15 BMD to THB:
15 BMD = 15 × 0.0310437530655706 THB = 0.465656295983559 THB
Bermudan Dollar to Thai Baht Conversion Table
| Bermudan Dollar | Thai Baht |
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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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.