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1 VAL to BMD Bermudian Dollar

December 20, 2022 by pkr_to_usd_786

1 VAL to BMD Bermudian Dollar
Vatican City Lira , The lira (plural lire; abbreviation: VAL) was the currency of the Vatican City between 1929 and 2002. It was not a separate currency but an … >>> Find out more from wikipedia. category >>> VAL

1 VAL to BMD Bermudian Dollar

1 Vatican City Lira ( VAL ) = 0.00055636266426874 Bermudian Dollar (BMD)


1 VAL = 0.00055636266426874 BMD


1 BMD = 1797.3887613655 VAL


Amount :

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1 Vatican City Lira ( VAL ) Is equal to 0.00055636266426874 Bermudian Dollar (BMD)
Vatican City Lira
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Vatican City Lira
Vatican City Lira , The lira (plural lire; abbreviation: VAL) was the currency of the Vatican City between 1929 and 2002. It was not a separate currency but an issue of the Italian lira; the Banca d'Italia produced coins specifically for Vatican City. The Papal States, by the late 1860s, was reduced to a small area close to Rome, used its own lira between 1866 and 1870 as a member of the Latin Monetary Union. Upon the conclusion of the Risorgimento, the state, and its currency, ceased to exist. In 1929, the Lateran Treaty established the State of the Vatican City and, according to the terms of the treaty, a distinct coinage was introduced, denominated in centesimi and lire, on par with the Italian lira. Italian coins and banknotes were legal tender in the Vatican City. The Vatican coins were minted in Rome and were also legal tender in Italy and San Marino. In 2002, the Vatican City switched to the euro at an exchange rate of 1 euro = 1,936.27 Lire. It has its own set of euro coins. 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 VAL to BMD

BMD VAL Bermudian Dollar BMD
5 VAL = 0.0028 BMD
10 VAL = 0.0056 BMD
15 VAL = 0.0083 BMD
20 VAL = 0.0111 BMD
25 VAL = 0.0139 BMD
30 VAL = 0.0167 BMD
35 VAL = 0.0195 BMD
40 VAL = 0.0223 BMD
45 VAL = 0.025 BMD
50 VAL = 0.0278 BMD
55 VAL = 0.0306 BMD
60 VAL = 0.0334 BMD
65 VAL = 0.0362 BMD
70 VAL = 0.0389 BMD
75 VAL = 0.0417 BMD
80 VAL = 0.0445 BMD
85 VAL = 0.0473 BMD
90 VAL = 0.0501 BMD
95 VAL = 0.0529 BMD
100 VAL = 0.0556 BMD
105 VAL = 0.0584 BMD
110 VAL = 0.0612 BMD
115 VAL = 0.064 BMD
120 VAL = 0.0668 BMD
125 VAL = 0.0695 BMD
130 VAL = 0.0723 BMD
135 VAL = 0.0751 BMD
140 VAL = 0.0779 BMD
145 VAL = 0.0807 BMD
150 VAL = 0.0835 BMD
155 VAL = 0.0862 BMD
160 VAL = 0.089 BMD
165 VAL = 0.0918 BMD
170 VAL = 0.0946 BMD
175 VAL = 0.0974 BMD
180 VAL = 0.1001 BMD
185 VAL = 0.1029 BMD
190 VAL = 0.1057 BMD
195 VAL = 0.1085 BMD
200 VAL = 0.1113 BMD
205 VAL = 0.1141 BMD
210 VAL = 0.1168 BMD
215 VAL = 0.1196 BMD
220 VAL = 0.1224 BMD
225 VAL = 0.1252 BMD
230 VAL = 0.128 BMD
235 VAL = 0.1307 BMD
240 VAL = 0.1335 BMD
245 VAL = 0.1363 BMD
250 VAL = 0.1391 BMD
255 VAL = 0.1419 BMD
260 VAL = 0.1447 BMD
265 VAL = 0.1474 BMD
270 VAL = 0.1502 BMD
275 VAL = 0.153 BMD
280 VAL = 0.1558 BMD
285 VAL = 0.1586 BMD
290 VAL = 0.1613 BMD
295 VAL = 0.1641 BMD
300 VAL = 0.1669 BMD
305 VAL = 0.1697 BMD
310 VAL = 0.1725 BMD
315 VAL = 0.1753 BMD
320 VAL = 0.178 BMD
325 VAL = 0.1808 BMD
330 VAL = 0.1836 BMD
335 VAL = 0.1864 BMD
340 VAL = 0.1892 BMD
345 VAL = 0.1919 BMD
350 VAL = 0.1947 BMD
355 VAL = 0.1975 BMD
360 VAL = 0.2003 BMD
365 VAL = 0.2031 BMD
370 VAL = 0.2059 BMD
375 VAL = 0.2086 BMD
380 VAL = 0.2114 BMD
385 VAL = 0.2142 BMD
390 VAL = 0.217 BMD
395 VAL = 0.2198 BMD
400 VAL = 0.2225 BMD
405 VAL = 0.2253 BMD
410 VAL = 0.2281 BMD
415 VAL = 0.2309 BMD
420 VAL = 0.2337 BMD
425 VAL = 0.2365 BMD
430 VAL = 0.2392 BMD
435 VAL = 0.242 BMD
440 VAL = 0.2448 BMD
445 VAL = 0.2476 BMD
450 VAL = 0.2504 BMD
455 VAL = 0.2531 BMD
460 VAL = 0.2559 BMD
465 VAL = 0.2587 BMD
470 VAL = 0.2615 BMD
475 VAL = 0.2643 BMD
480 VAL = 0.2671 BMD
485 VAL = 0.2698 BMD
490 VAL = 0.2726 BMD
495 VAL = 0.2754 BMD
500 VAL = 0.2782 BMD

Convertion Chart BMD to VAL

Bermudian Dollar Bermudian Dollar VAL VAL
5 BMD = 8986.9438 VAL
10 BMD = 17973.8876 VAL
15 BMD = 26960.8314 VAL
20 BMD = 35947.7752 VAL
25 BMD = 44934.719 VAL
30 BMD = 53921.6628 VAL
35 BMD = 62908.6066 VAL
40 BMD = 71895.5505 VAL
45 BMD = 80882.4943 VAL
50 BMD = 89869.4381 VAL
55 BMD = 98856.3819 VAL
60 BMD = 107843.3257 VAL
65 BMD = 116830.2695 VAL
70 BMD = 125817.2133 VAL
75 BMD = 134804.1571 VAL
80 BMD = 143791.1009 VAL
85 BMD = 152778.0447 VAL
90 BMD = 161764.9885 VAL
95 BMD = 170751.9323 VAL
100 BMD = 179738.8761 VAL
105 BMD = 188725.8199 VAL
110 BMD = 197712.7638 VAL
115 BMD = 206699.7076 VAL
120 BMD = 215686.6514 VAL
125 BMD = 224673.5952 VAL
130 BMD = 233660.539 VAL
135 BMD = 242647.4828 VAL
140 BMD = 251634.4266 VAL
145 BMD = 260621.3704 VAL
150 BMD = 269608.3142 VAL
155 BMD = 278595.258 VAL
160 BMD = 287582.2018 VAL
165 BMD = 296569.1456 VAL
170 BMD = 305556.0894 VAL
175 BMD = 314543.0332 VAL
180 BMD = 323529.977 VAL
185 BMD = 332516.9209 VAL
190 BMD = 341503.8647 VAL
195 BMD = 350490.8085 VAL
200 BMD = 359477.7523 VAL
205 BMD = 368464.6961 VAL
210 BMD = 377451.6399 VAL
215 BMD = 386438.5837 VAL
220 BMD = 395425.5275 VAL
225 BMD = 404412.4713 VAL
230 BMD = 413399.4151 VAL
235 BMD = 422386.3589 VAL
240 BMD = 431373.3027 VAL
245 BMD = 440360.2465 VAL
250 BMD = 449347.1903 VAL
255 BMD = 458334.1341 VAL
260 BMD = 467321.078 VAL
265 BMD = 476308.0218 VAL
270 BMD = 485294.9656 VAL
275 BMD = 494281.9094 VAL
280 BMD = 503268.8532 VAL
285 BMD = 512255.797 VAL
290 BMD = 521242.7408 VAL
295 BMD = 530229.6846 VAL
300 BMD = 539216.6284 VAL
305 BMD = 548203.5722 VAL
310 BMD = 557190.516 VAL
315 BMD = 566177.4598 VAL
320 BMD = 575164.4036 VAL
325 BMD = 584151.3474 VAL
330 BMD = 593138.2913 VAL
335 BMD = 602125.2351 VAL
340 BMD = 611112.1789 VAL
345 BMD = 620099.1227 VAL
350 BMD = 629086.0665 VAL
355 BMD = 638073.0103 VAL
360 BMD = 647059.9541 VAL
365 BMD = 656046.8979 VAL
370 BMD = 665033.8417 VAL
375 BMD = 674020.7855 VAL
380 BMD = 683007.7293 VAL
385 BMD = 691994.6731 VAL
390 BMD = 700981.6169 VAL
395 BMD = 709968.5607 VAL
400 BMD = 718955.5045 VAL
405 BMD = 727942.4484 VAL
410 BMD = 736929.3922 VAL
415 BMD = 745916.336 VAL
420 BMD = 754903.2798 VAL
425 BMD = 763890.2236 VAL
430 BMD = 772877.1674 VAL
435 BMD = 781864.1112 VAL
440 BMD = 790851.055 VAL
445 BMD = 799837.9988 VAL
450 BMD = 808824.9426 VAL
455 BMD = 817811.8864 VAL
460 BMD = 826798.8302 VAL
465 BMD = 835785.774 VAL
470 BMD = 844772.7178 VAL
475 BMD = 853759.6616 VAL
480 BMD = 862746.6055 VAL
485 BMD = 871733.5493 VAL
490 BMD = 880720.4931 VAL
495 BMD = 889707.4369 VAL
500 BMD = 898694.3807 VAL

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Filed Under: VAL Tagged With: Bermudian Dollars, Bermudian Dollars to Vatican City Lire, How to Convert 1 VAL to BMD Bermudian Dollar, VAL to BMD calculator, Vatican City Lire

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