1 UGX to BMD Bermudian Dollar

December 20, 2022 by pkr_to_usd_786

1 UGX to BMD Bermudian Dollar
Uganda Shilling , The shilling (Swahili: shilingi; abbreviation: USh; ISO code: UGX) is the currency of Uganda. Officially divided into cents until 2013, due t … >>> Find out more from wikipedia. category >>> UGX

1 UGX to BMD Bermudian Dollar

1 Ugandan Shilling ( UGX ) = 0.00026591972744691 Bermudian Dollar (BMD)

1 UGX = 0.00026591972744691 BMD

1 BMD = 3760.533336887 UGX

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1 Ugandan Shilling ( UGX ) Is equal to 0.00026591972744691 Bermudian Dollar (BMD)
Uganda Shilling
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Ugandan Shilling

Uganda Shilling , The shilling (Swahili: shilingi; abbreviation: USh; ISO code: UGX) is the currency of Uganda. Officially divided into cents until 2013, due to substantial inflation the shilling now has no subdivision. Notation Sign in Kisoro with prices in Ugandan shillings; note the use of the '/=' symbol. Main article: Solidus (symbol) Prices in the Ugandan shilling are written in the form of x/y, where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "-/50" and 100 shillings as "100/=" or "100/-". Sometimes the abbreviation USh is prefixed for distinction. If the amount is written using words as well as numerals, only the prefix is used (e.g. USh 10 million). This pattern was modelled on sterling's pre-decimal notation, in which amounts were written in some combination of pounds (£), shillings (s), and pence (d, for denarius). In that notation, amounts under a pound were notated only in shillings and pence. History The first Ugandan shilling (UGS) replaced the East African shilling in 1966 at par. Following high inflation, a new shilling (UGX) was introduced in 1987 worth 100 old shillings. The shilling is usually a stable currency and predominates in most financial transactions in Uganda, which has a very efficient foreign exchange market with low spreads. The United States dollar is also widely accepted. Sterling and increasingly the euro are also used. The Bank of Uganda cut its policy rate to 22% on 1 February 2012 after reduction of inflation for 3 consecutive months. Coins First shilling In 1966, coins were introduced in denominations of -/5, -/10, -/20 and -/50 and 1/= and 2/=. The -/5, -/10 and -/20 coins were struck in bronze, with the higher denominations struck in cupro-nickel. The 2-shilling was only issued that year. In 1972, cupro-nickel 5-shilling coins were issued but were withdrawn from circulation and are now very rare. In 1976, copper-plated steel replaced bronze in the 5- and 10-cent and cupro-nickel-plated steel replaced cupro-nickel in the 50-cent and 1-shilling. In 1986, nickel-plated-steel 50-cent and 1-shilling coins were issued, the last coins of the first shilling. Find out more from wikipedia

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

Convertion Chart UGX to BMD
UGX		BMD


5 UGX	=	0.0013 BMD
10 UGX	=	0.0027 BMD
15 UGX	=	0.004 BMD
20 UGX	=	0.0053 BMD
25 UGX	=	0.0066 BMD
30 UGX	=	0.008 BMD
35 UGX	=	0.0093 BMD
40 UGX	=	0.0106 BMD
45 UGX	=	0.012 BMD
50 UGX	=	0.0133 BMD
55 UGX	=	0.0146 BMD
60 UGX	=	0.016 BMD
65 UGX	=	0.0173 BMD
70 UGX	=	0.0186 BMD
75 UGX	=	0.0199 BMD
80 UGX	=	0.0213 BMD
85 UGX	=	0.0226 BMD
90 UGX	=	0.0239 BMD
95 UGX	=	0.0253 BMD
100 UGX	=	0.0266 BMD
105 UGX	=	0.0279 BMD
110 UGX	=	0.0293 BMD
115 UGX	=	0.0306 BMD
120 UGX	=	0.0319 BMD
125 UGX	=	0.0332 BMD
130 UGX	=	0.0346 BMD
135 UGX	=	0.0359 BMD
140 UGX	=	0.0372 BMD
145 UGX	=	0.0386 BMD
150 UGX	=	0.0399 BMD
155 UGX	=	0.0412 BMD
160 UGX	=	0.0425 BMD
165 UGX	=	0.0439 BMD
170 UGX	=	0.0452 BMD
175 UGX	=	0.0465 BMD
180 UGX	=	0.0479 BMD
185 UGX	=	0.0492 BMD
190 UGX	=	0.0505 BMD
195 UGX	=	0.0519 BMD
200 UGX	=	0.0532 BMD
205 UGX	=	0.0545 BMD
210 UGX	=	0.0558 BMD
215 UGX	=	0.0572 BMD
220 UGX	=	0.0585 BMD
225 UGX	=	0.0598 BMD
230 UGX	=	0.0612 BMD
235 UGX	=	0.0625 BMD
240 UGX	=	0.0638 BMD
245 UGX	=	0.0652 BMD
250 UGX	=	0.0665 BMD
255 UGX	=	0.0678 BMD
260 UGX	=	0.0691 BMD
265 UGX	=	0.0705 BMD
270 UGX	=	0.0718 BMD
275 UGX	=	0.0731 BMD
280 UGX	=	0.0745 BMD
285 UGX	=	0.0758 BMD
290 UGX	=	0.0771 BMD
295 UGX	=	0.0784 BMD
300 UGX	=	0.0798 BMD
305 UGX	=	0.0811 BMD
310 UGX	=	0.0824 BMD
315 UGX	=	0.0838 BMD
320 UGX	=	0.0851 BMD
325 UGX	=	0.0864 BMD
330 UGX	=	0.0878 BMD
335 UGX	=	0.0891 BMD
340 UGX	=	0.0904 BMD
345 UGX	=	0.0917 BMD
350 UGX	=	0.0931 BMD
355 UGX	=	0.0944 BMD
360 UGX	=	0.0957 BMD
365 UGX	=	0.0971 BMD
370 UGX	=	0.0984 BMD
375 UGX	=	0.0997 BMD
380 UGX	=	0.101 BMD
385 UGX	=	0.1024 BMD
390 UGX	=	0.1037 BMD
395 UGX	=	0.105 BMD
400 UGX	=	0.1064 BMD
405 UGX	=	0.1077 BMD
410 UGX	=	0.109 BMD
415 UGX	=	0.1104 BMD
420 UGX	=	0.1117 BMD
425 UGX	=	0.113 BMD
430 UGX	=	0.1143 BMD
435 UGX	=	0.1157 BMD
440 UGX	=	0.117 BMD
445 UGX	=	0.1183 BMD
450 UGX	=	0.1197 BMD
455 UGX	=	0.121 BMD
460 UGX	=	0.1223 BMD
465 UGX	=	0.1237 BMD
470 UGX	=	0.125 BMD
475 UGX	=	0.1263 BMD
480 UGX	=	0.1276 BMD
485 UGX	=	0.129 BMD
490 UGX	=	0.1303 BMD
495 UGX	=	0.1316 BMD
500 UGX	=	0.133 BMD

Convertion Chart BMD to UGX
Bermudian Dollar		UGX


5 BMD	=	18802.6667 UGX
10 BMD	=	37605.3334 UGX
15 BMD	=	56408.0001 UGX
20 BMD	=	75210.6667 UGX
25 BMD	=	94013.3334 UGX
30 BMD	=	112816.0001 UGX
35 BMD	=	131618.6668 UGX
40 BMD	=	150421.3335 UGX
45 BMD	=	169224.0002 UGX
50 BMD	=	188026.6668 UGX
55 BMD	=	206829.3335 UGX
60 BMD	=	225632.0002 UGX
65 BMD	=	244434.6669 UGX
70 BMD	=	263237.3336 UGX
75 BMD	=	282040.0003 UGX
80 BMD	=	300842.667 UGX
85 BMD	=	319645.3336 UGX
90 BMD	=	338448.0003 UGX
95 BMD	=	357250.667 UGX
100 BMD	=	376053.3337 UGX
105 BMD	=	394856.0004 UGX
110 BMD	=	413658.6671 UGX
115 BMD	=	432461.3337 UGX
120 BMD	=	451264.0004 UGX
125 BMD	=	470066.6671 UGX
130 BMD	=	488869.3338 UGX
135 BMD	=	507672.0005 UGX
140 BMD	=	526474.6672 UGX
145 BMD	=	545277.3338 UGX
150 BMD	=	564080.0005 UGX
155 BMD	=	582882.6672 UGX
160 BMD	=	601685.3339 UGX
165 BMD	=	620488.0006 UGX
170 BMD	=	639290.6673 UGX
175 BMD	=	658093.334 UGX
180 BMD	=	676896.0006 UGX
185 BMD	=	695698.6673 UGX
190 BMD	=	714501.334 UGX
195 BMD	=	733304.0007 UGX
200 BMD	=	752106.6674 UGX
205 BMD	=	770909.3341 UGX
210 BMD	=	789712.0007 UGX
215 BMD	=	808514.6674 UGX
220 BMD	=	827317.3341 UGX
225 BMD	=	846120.0008 UGX
230 BMD	=	864922.6675 UGX
235 BMD	=	883725.3342 UGX
240 BMD	=	902528.0009 UGX
245 BMD	=	921330.6675 UGX
250 BMD	=	940133.3342 UGX
255 BMD	=	958936.0009 UGX
260 BMD	=	977738.6676 UGX
265 BMD	=	996541.3343 UGX
270 BMD	=	1015344.001 UGX
275 BMD	=	1034146.6676 UGX
280 BMD	=	1052949.3343 UGX
285 BMD	=	1071752.001 UGX
290 BMD	=	1090554.6677 UGX
295 BMD	=	1109357.3344 UGX
300 BMD	=	1128160.0011 UGX
305 BMD	=	1146962.6678 UGX
310 BMD	=	1165765.3344 UGX
315 BMD	=	1184568.0011 UGX
320 BMD	=	1203370.6678 UGX
325 BMD	=	1222173.3345 UGX
330 BMD	=	1240976.0012 UGX
335 BMD	=	1259778.6679 UGX
340 BMD	=	1278581.3345 UGX
345 BMD	=	1297384.0012 UGX
350 BMD	=	1316186.6679 UGX
355 BMD	=	1334989.3346 UGX
360 BMD	=	1353792.0013 UGX
365 BMD	=	1372594.668 UGX
370 BMD	=	1391397.3346 UGX
375 BMD	=	1410200.0013 UGX
380 BMD	=	1429002.668 UGX
385 BMD	=	1447805.3347 UGX
390 BMD	=	1466608.0014 UGX
395 BMD	=	1485410.6681 UGX
400 BMD	=	1504213.3348 UGX
405 BMD	=	1523016.0014 UGX
410 BMD	=	1541818.6681 UGX
415 BMD	=	1560621.3348 UGX
420 BMD	=	1579424.0015 UGX
425 BMD	=	1598226.6682 UGX
430 BMD	=	1617029.3349 UGX
435 BMD	=	1635832.0015 UGX
440 BMD	=	1654634.6682 UGX
445 BMD	=	1673437.3349 UGX
450 BMD	=	1692240.0016 UGX
455 BMD	=	1711042.6683 UGX
460 BMD	=	1729845.335 UGX
465 BMD	=	1748648.0017 UGX
470 BMD	=	1767450.6683 UGX
475 BMD	=	1786253.335 UGX
480 BMD	=	1805056.0017 UGX
485 BMD	=	1823858.6684 UGX
490 BMD	=	1842661.3351 UGX
495 BMD	=	1861464.0018 UGX
500 BMD	=	1880266.6684 UGX