1 BMD to ZMW Zambian Kwacha

April 27, 2023 by pkr_to_usd_786

1 BMD to ZMW Zambian Kwacha
The Bermudian dollar (symbol: $; code: BMD; also abbreviated BD$; informally called the Bermuda dollar) is the official currency of the British Overseas Territ … >>> Find out more from wikipedia. category >>> BMD

1 BMD to ZMW Zambian Kwacha

1 Bermudian Dollar ( BMD ) = 20.8931069104 Zambian Kwacha (ZMW)

1 BMD = 20.8931069104 ZMW

1 ZMW = 0.047862675679998 BMD

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1 Bermudian Dollar ( BMD ) Is equal to 20.8931069104 Zambian Kwacha (ZMW)
Bermuda Dollar
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Bermudian Dollar

The Bermudian dollar (symbol: $; code: BMD; also abbreviated BD$; informally called the Bermuda dollar) is the official currency of the British Overseas Territory of Bermuda. It is subdivided into 100 cents. The Bermudian dollar is not normally traded outside Bermuda, and is pegged to the United States dollar at a one-to-one ratio. Both currencies circulate in Bermuda on an equal basis. For nearly four hundred years Spanish dollars, known as "pieces of eight" were in widespread use on the world's trading routes, including the Caribbean region. However, following the revolutionary wars in Latin America, the source of these silver trade coins, dried up. The United Kingdom had adopted a very successful gold standard in 1821, and so the year 1825 was an opportune time to introduce the British sterling coinage into all the British colonies. An imperial Order in Council was passed in that year for the purposes of facilitating this aim by making sterling coinage legal tender in the colonies at the specified rate of 1 Spanish dollar to 4 shillings, 4 pence sterling. As the sterling silver coins were attached to a gold standard, this exchange rate did not realistically represent the value of the silver in the Spanish dollars as compared to the value of the gold in the British gold sovereign. Because of this, the conversion had the opposite effect in many colonies, and actually drove sterling coinage out of circulation, rather than encouraged its use. Remedial legislation had to be introduced in 1838 so as to change over to the more realistic rating of $1 = 4s 2d. However, in Jamaica, British Honduras, Bermuda, and later in the Bahamas also, the official rating was set aside in favour of what was known as the 'Maccaroni' tradition in which a British shilling, referred to as a 'Maccaroni', was treated as one quarter of a dollar. The common link between these four territories was the Bank of Nova Scotia which brought in the 'Maccaroni' tradition, resulting in the successful introduction of both sterling coinage and sterling accounts. It wasn't however until 1 January 1842 that the authorities in Bermuda formally decided to make sterling the official currency of the colony to circulate concurrently with Doubloons (64 shillings) at the rate of $1 = 4s 2d. Contrary to expectations, and unlike in the Bahamas where US dollars circulated concurrently with sterling, the Bermudans did not allow themselves to be drawn into the U. S. currency area. The Spanish dollars fell away in the 1850s but returned again in the 1870s following the international silver crisis of 1873. In 1874, the Bermuda merchants agreed unanimously to decline to accept the heavy imports of US currency except at a heavy discount, and it was then exported again. And in 1876, legislation was passed to demonetise the silver dollars for fear of them returning. In 1882, the local 'legal tender act' demonetised the gold doubloon, which had in effect been the real standard in Bermuda, and this left pounds, shillings, and pence as the sole legal tender. The pound sterling remained the official currency of Bermuda until 1970, though the Government of Bermuda did issue its own pound banknotes. With US and Canadian coins regularly appearing in circulation in Bermuda and the possibility of the devaluation of the pound sterling, Bermuda was compelled to adopt its own decimal currency. On 6 February 1970, Bermuda introduced a new decimal currency in the form of a dollar. The nascent Bermudian dollars circulated in conjunction with the new British decimal coinage a year before it was introduced in the United Kingdom. By adopting decimalisation early, Bermuda was also able to place orders for the coinage from the Royal Mint before other Commonwealth countries seeking to decimalise could. The link between the Bermudian dollar and the pound sterling was not broken until 31 July 1972, which allowed Bermuda to align to a one-to-one exchange rate with that of the United States. The decision for Bermuda to peg its dollar to the US dollar added convenience for the multitude of American tourists and businesses upon whom Bermuda largely relied. Since 1972, Bermudian law has required that local businesses charge prices in Bermudian dollars which, if paid in US dollars, must be accepted at a rate of 1:1. Only banks are legally allowed to exchange Bermudian dollars into US dollars or other currencies, subject to a 1% Foreign Currency Purchase Tax (some banks also charge an exchange fee). Find out more from wikipedia

Zambian Kwacha

Zambia Kwacha , Zambia Kwacha , The Kwacha (ISO 4217 code: ZMW) is the currency of Zambia. It is subdivided into 100 Ngwee. Etymology The name kwacha derives from the Nyanja, Bemba, and Tonga language word for "dawn", alluding to the Zambian nationalist slogan of a "new dawn of freedom". The name ngwee translates as "bright" in the Nyanja language. History Prior to independence in 1964, the Rhodesia and Nyasaland pound was the legal tender of the short-lived British protectorate of Northern Rhodesia. Banknotes of 10 shillings, 1, 5, and 10 pounds issued by the Central Africa Currency Board were in circulation, together with coins of 1⁄2, 1, 3, 6 pence, and 1, 2, 2+1⁄2, and 5 shillings. After independence, the Bank of Zambia issued the first Zambian currency, the Zambian pound, in 1964. The issued paper bills and coins were of similar denominations as these used before independence, except for the 10 pounds note, which was never issued by the Bank of Zambia. A new design to depict the newly independent country's history and struggle was adopted. The two currencies – the Rhodesia and Nyasaland pound and the Zambian pound, were allowed to circulate in parallel until December 15, 1965, when the South Rhodesian pound bills and coins were withdrawn from circulation, except for the 3 pence coin which was allowed to circulate alongside its Zambian alternative for a brief period. On July 1, 1966, the parliament approved the arrangements of the decimal currency system (Act 40 of 1966), changing the main currency unit to Kwacha, with one kwacha being equal to 100 ngwee. The exchange rate was set to one kwacha equivalent to ten Zambian shillings, or one half of a Zambian pound. Thus, by January 16, 1968, all Zambian pound notes and coins were removed from circulation and replaced by the new kwacha notes, and ngwee coins. The Zambian pound notes of 10 shillings, 1, and 5 pounds were changed into 1, 2 and 10 kwacha respectively, a note of 50 ngwee was issued to replace the old 5 shillings coin, alongside a new note of 20 kwacha. Ngwee coins with the denominations of 1, 2, 5, 10, and 20 ngwee replacing the existing 1, 3, 6 pence, 1, and 2 shillings coins respectively. The Zambian pound notes, and coins ceased to be a legal tender on January 31, 1974. At the very beginning, the kwacha was pegged to the pound sterling at a fixed rate of 1.7094 kwacha per 1 pound. Yet, after the devaluation of the US dollar on August 15, 1971, Zambia broke all its currency's ties to the British monetary unit, and pegged the kwacha to the American monetary unit. These reforms resulted in a reduction of the kwacha's gold standard by 7.8%. A few months later, the British Chancellor of the Exchequer Anthony Barber, announced the demise of the Sterling area, and flotation of the sterling pound, causing Zambia to renounce the monetary privileges once enjoyed as a member state. Throughout the years, the Zambian currency suffered high rates of inflation forcing the Bank of Zambia to introduce high value denominations in 2003, including 20,000 and 50,000 kwacha bills to facilitate transactions. In 2013, a new, redenominated kwacha was introduced. The value of Zambian currency has continued to fall since redenomination; the exchange rate was 22 kwacha to one U.S. dollar in April 2021. After the 2021 Zambian general election saw a defeat for Edgar Lungu, the currency's depreciation was reversed; as of 27 August 2021 one U.S. dollar was exchanged for about 16 kwacha.
Find out more from wikipedia

Convertion Chart BMD to ZMW
BMD		ZMW


5 BMD	=	104.4655 ZMW
10 BMD	=	208.9311 ZMW
15 BMD	=	313.3966 ZMW
20 BMD	=	417.8621 ZMW
25 BMD	=	522.3277 ZMW
30 BMD	=	626.7932 ZMW
35 BMD	=	731.2587 ZMW
40 BMD	=	835.7243 ZMW
45 BMD	=	940.1898 ZMW
50 BMD	=	1044.6553 ZMW
55 BMD	=	1149.1209 ZMW
60 BMD	=	1253.5864 ZMW
65 BMD	=	1358.0519 ZMW
70 BMD	=	1462.5175 ZMW
75 BMD	=	1566.983 ZMW
80 BMD	=	1671.4486 ZMW
85 BMD	=	1775.9141 ZMW
90 BMD	=	1880.3796 ZMW
95 BMD	=	1984.8452 ZMW
100 BMD	=	2089.3107 ZMW
105 BMD	=	2193.7762 ZMW
110 BMD	=	2298.2418 ZMW
115 BMD	=	2402.7073 ZMW
120 BMD	=	2507.1728 ZMW
125 BMD	=	2611.6384 ZMW
130 BMD	=	2716.1039 ZMW
135 BMD	=	2820.5694 ZMW
140 BMD	=	2925.035 ZMW
145 BMD	=	3029.5005 ZMW
150 BMD	=	3133.966 ZMW
155 BMD	=	3238.4316 ZMW
160 BMD	=	3342.8971 ZMW
165 BMD	=	3447.3626 ZMW
170 BMD	=	3551.8282 ZMW
175 BMD	=	3656.2937 ZMW
180 BMD	=	3760.7592 ZMW
185 BMD	=	3865.2248 ZMW
190 BMD	=	3969.6903 ZMW
195 BMD	=	4074.1558 ZMW
200 BMD	=	4178.6214 ZMW
205 BMD	=	4283.0869 ZMW
210 BMD	=	4387.5525 ZMW
215 BMD	=	4492.018 ZMW
220 BMD	=	4596.4835 ZMW
225 BMD	=	4700.9491 ZMW
230 BMD	=	4805.4146 ZMW
235 BMD	=	4909.8801 ZMW
240 BMD	=	5014.3457 ZMW
245 BMD	=	5118.8112 ZMW
250 BMD	=	5223.2767 ZMW
255 BMD	=	5327.7423 ZMW
260 BMD	=	5432.2078 ZMW
265 BMD	=	5536.6733 ZMW
270 BMD	=	5641.1389 ZMW
275 BMD	=	5745.6044 ZMW
280 BMD	=	5850.0699 ZMW
285 BMD	=	5954.5355 ZMW
290 BMD	=	6059.001 ZMW
295 BMD	=	6163.4665 ZMW
300 BMD	=	6267.9321 ZMW
305 BMD	=	6372.3976 ZMW
310 BMD	=	6476.8631 ZMW
315 BMD	=	6581.3287 ZMW
320 BMD	=	6685.7942 ZMW
325 BMD	=	6790.2597 ZMW
330 BMD	=	6894.7253 ZMW
335 BMD	=	6999.1908 ZMW
340 BMD	=	7103.6563 ZMW
345 BMD	=	7208.1219 ZMW
350 BMD	=	7312.5874 ZMW
355 BMD	=	7417.053 ZMW
360 BMD	=	7521.5185 ZMW
365 BMD	=	7625.984 ZMW
370 BMD	=	7730.4496 ZMW
375 BMD	=	7834.9151 ZMW
380 BMD	=	7939.3806 ZMW
385 BMD	=	8043.8462 ZMW
390 BMD	=	8148.3117 ZMW
395 BMD	=	8252.7772 ZMW
400 BMD	=	8357.2428 ZMW
405 BMD	=	8461.7083 ZMW
410 BMD	=	8566.1738 ZMW
415 BMD	=	8670.6394 ZMW
420 BMD	=	8775.1049 ZMW
425 BMD	=	8879.5704 ZMW
430 BMD	=	8984.036 ZMW
435 BMD	=	9088.5015 ZMW
440 BMD	=	9192.967 ZMW
445 BMD	=	9297.4326 ZMW
450 BMD	=	9401.8981 ZMW
455 BMD	=	9506.3636 ZMW
460 BMD	=	9610.8292 ZMW
465 BMD	=	9715.2947 ZMW
470 BMD	=	9819.7602 ZMW
475 BMD	=	9924.2258 ZMW
480 BMD	=	10028.6913 ZMW
485 BMD	=	10133.1569 ZMW
490 BMD	=	10237.6224 ZMW
495 BMD	=	10342.0879 ZMW
500 BMD	=	10446.5535 ZMW

Convertion Chart ZMW to BMD
Zambian Kwacha		BMD


5 ZMW	=	0.2393 BMD
10 ZMW	=	0.4786 BMD
15 ZMW	=	0.7179 BMD
20 ZMW	=	0.9573 BMD
25 ZMW	=	1.1966 BMD
30 ZMW	=	1.4359 BMD
35 ZMW	=	1.6752 BMD
40 ZMW	=	1.9145 BMD
45 ZMW	=	2.1538 BMD
50 ZMW	=	2.3931 BMD
55 ZMW	=	2.6324 BMD
60 ZMW	=	2.8718 BMD
65 ZMW	=	3.1111 BMD
70 ZMW	=	3.3504 BMD
75 ZMW	=	3.5897 BMD
80 ZMW	=	3.829 BMD
85 ZMW	=	4.0683 BMD
90 ZMW	=	4.3076 BMD
95 ZMW	=	4.547 BMD
100 ZMW	=	4.7863 BMD
105 ZMW	=	5.0256 BMD
110 ZMW	=	5.2649 BMD
115 ZMW	=	5.5042 BMD
120 ZMW	=	5.7435 BMD
125 ZMW	=	5.9828 BMD
130 ZMW	=	6.2221 BMD
135 ZMW	=	6.4615 BMD
140 ZMW	=	6.7008 BMD
145 ZMW	=	6.9401 BMD
150 ZMW	=	7.1794 BMD
155 ZMW	=	7.4187 BMD
160 ZMW	=	7.658 BMD
165 ZMW	=	7.8973 BMD
170 ZMW	=	8.1367 BMD
175 ZMW	=	8.376 BMD
180 ZMW	=	8.6153 BMD
185 ZMW	=	8.8546 BMD
190 ZMW	=	9.0939 BMD
195 ZMW	=	9.3332 BMD
200 ZMW	=	9.5725 BMD
205 ZMW	=	9.8118 BMD
210 ZMW	=	10.0512 BMD
215 ZMW	=	10.2905 BMD
220 ZMW	=	10.5298 BMD
225 ZMW	=	10.7691 BMD
230 ZMW	=	11.0084 BMD
235 ZMW	=	11.2477 BMD
240 ZMW	=	11.487 BMD
245 ZMW	=	11.7264 BMD
250 ZMW	=	11.9657 BMD
255 ZMW	=	12.205 BMD
260 ZMW	=	12.4443 BMD
265 ZMW	=	12.6836 BMD
270 ZMW	=	12.9229 BMD
275 ZMW	=	13.1622 BMD
280 ZMW	=	13.4015 BMD
285 ZMW	=	13.6409 BMD
290 ZMW	=	13.8802 BMD
295 ZMW	=	14.1195 BMD
300 ZMW	=	14.3588 BMD
305 ZMW	=	14.5981 BMD
310 ZMW	=	14.8374 BMD
315 ZMW	=	15.0767 BMD
320 ZMW	=	15.3161 BMD
325 ZMW	=	15.5554 BMD
330 ZMW	=	15.7947 BMD
335 ZMW	=	16.034 BMD
340 ZMW	=	16.2733 BMD
345 ZMW	=	16.5126 BMD
350 ZMW	=	16.7519 BMD
355 ZMW	=	16.9912 BMD
360 ZMW	=	17.2306 BMD
365 ZMW	=	17.4699 BMD
370 ZMW	=	17.7092 BMD
375 ZMW	=	17.9485 BMD
380 ZMW	=	18.1878 BMD
385 ZMW	=	18.4271 BMD
390 ZMW	=	18.6664 BMD
395 ZMW	=	18.9058 BMD
400 ZMW	=	19.1451 BMD
405 ZMW	=	19.3844 BMD
410 ZMW	=	19.6237 BMD
415 ZMW	=	19.863 BMD
420 ZMW	=	20.1023 BMD
425 ZMW	=	20.3416 BMD
430 ZMW	=	20.581 BMD
435 ZMW	=	20.8203 BMD
440 ZMW	=	21.0596 BMD
445 ZMW	=	21.2989 BMD
450 ZMW	=	21.5382 BMD
455 ZMW	=	21.7775 BMD
460 ZMW	=	22.0168 BMD
465 ZMW	=	22.2561 BMD
470 ZMW	=	22.4955 BMD
475 ZMW	=	22.7348 BMD
480 ZMW	=	22.9741 BMD
485 ZMW	=	23.2134 BMD
490 ZMW	=	23.4527 BMD
495 ZMW	=	23.692 BMD
500 ZMW	=	23.9313 BMD