


BGN information
About the Bermudan Dollar(BMD)
The Bermudan Dollar, the official currency of Bermuda, is a unique symbol of the island's rich heritage and its dynamic role in the global economy. It is commonly abbreviated as BMD and represented by the symbol $. As a British Overseas Territory located in the North Atlantic Ocean, Bermuda's currency reflects its historical ties to the United Kingdom and its modern-day economic relationships.
Historical Background
Bermuda, known for its picturesque landscapes and vibrant culture, introduced the Bermudan Dollar (BMD) in 1970. This move was part of a broader decolonization trend and the desire for a distinct national identity. The Bermudan Dollar replaced the Bermudian pound at a rate of 1:1, symbolizing a shift towards closer economic ties with the United States.
Design and Symbolism
The design of Bermudan currency is a tapestry of the island's natural beauty, culture, and history. Banknotes and coins feature iconic imagery such as the Bermuda petrel, historic ships, and landmarks like St. Peter's Church. These designs serve not just as legal tender but as ambassadors of Bermuda's rich heritage and biodiversity.
Economic Role
The Bermudan Dollar is pegged to the US Dollar at a one-to-one ratio, a policy that underscores Bermuda's close economic relationship with the United States. This peg has been crucial in maintaining economic stability, particularly for a country that relies heavily on tourism and international business, primarily insurance and reinsurance.
The Tourism and International Business Connection
Tourism is a vital part of Bermuda's economy, with the Bermudan Dollar playing a central role. The currency's parity with the US Dollar simplifies transactions for the majority of tourists, who come from the United States. Additionally, Bermuda's status as an international business hub, particularly in insurance and reinsurance, has made the Bermudan Dollar an important player in global financial transactions.
The Bermudan Dollar in Global Finance
On the international stage, the Bermudan Dollar's parity with the US Dollar ensures its stability and reliability. This stability is crucial for Bermuda's international business sector, which deals with large-scale financial transactions. The country's regulatory environment, coupled with its currency stability, makes Bermuda an attractive destination for international business and finance.
CRP to BGN conversion rate trend
CRP to BGN market statistics
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Current CRP to BGN exchange rate
Crypton to Bermudan Dollar is falling this week.CRP to BGN Conversion tables
The exchange rate of Crypton is decreasing.CRP to BGN
BGN to CRP
CRP to BGN Today vs. 24 hours ago
Amount | 05:22 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CRP | лв0.2413 | лв0.2394 | +0.79% |
1 CRP | лв0.4826 | лв0.4788 | +0.79% |
5 CRP | лв2.41 | лв2.39 | +0.79% |
10 CRP | лв4.83 | лв4.79 | +0.79% |
50 CRP | лв24.13 | лв23.94 | +0.79% |
100 CRP | лв48.26 | лв47.88 | +0.79% |
500 CRP | лв241.32 | лв239.42 | +0.79% |
1000 CRP | лв482.63 | лв478.83 | +0.79% |
CRP to BGN Today vs. 1 month ago
Amount | 05:22 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 CRP | лв0.2413 | лв0.2615 | -7.70% |
1 CRP | лв0.4826 | лв0.5229 | -7.70% |
5 CRP | лв2.41 | лв2.61 | -7.70% |
10 CRP | лв4.83 | лв5.23 | -7.70% |
50 CRP | лв24.13 | лв26.15 | -7.70% |
100 CRP | лв48.26 | лв52.29 | -7.70% |
500 CRP | лв241.32 | лв261.47 | -7.70% |
1000 CRP | лв482.63 | лв522.94 | -7.70% |
CRP to BGN Today vs. 1 year ago
Amount | 05:22 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 CRP | лв0.2413 | лв0.3037 | -20.54% |
1 CRP | лв0.4826 | лв0.6075 | -20.54% |
5 CRP | лв2.41 | лв3.04 | -20.54% |
10 CRP | лв4.83 | лв6.07 | -20.54% |
50 CRP | лв24.13 | лв30.37 | -20.54% |
100 CRP | лв48.26 | лв60.75 | -20.54% |
500 CRP | лв241.32 | лв303.74 | -20.54% |
1000 CRP | лв482.63 | лв607.47 | -20.54% |
How to convert CRP to BGN



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