Bermudian dollar to Euro

The Islands of Bermuda are part of the Great Britain territory, although they are located far away from the main United Kingdom’s territory. Here, there is a separate currency called the Bermudian dollar (sign BD$, code BMD). The Bermudian cents are used as change for BMD.

There are coins worth 10 and 50 cents that are issued as of today. The $ currency has been issued since 1970 replacing the Bermudian pound. Commemorative coins are of special interest for numismatists. So-called “Bermuda triangles” have a corresponding shape, but are made out of different alloys and have different denomination.

The euro (sign: €, code: EUR, number: 978) is the official currency of the Eurozone. Presently, the Eurozone comprises 19 EU states and several non-EU microstates and special territories, such as the Vatican or the Republic of Kosovo. The euro has replaced the former accounting currency European Currency Unit (ECU).

The non-cash form of the euro currency came into existence in 1999. Physical euro banknotes and coins entered into circulation in 2002. The European currency is second in international interbank turnover, succumbing only to the US dollar.