1 GYD to BMD Bermudian Dollar

1 Guyanese Dollar ( GYD ) = 0.0047172179015201 Bermudian Dollar (BMD)

1 GYD = 0.0047172179015201 BMD

1 BMD = 211.9893591682 GYD

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1 Guyanese Dollar ( GYD ) Is equal to 0.0047172179015201 Bermudian Dollar (BMD)
Guyana Dollar
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Guyanese Dollar

Guyana Dollar ,The Guyanese dollar has been the unit of account in Guyana since January 29, 1839. It was originally conceived as a transitional unit to facilitate the transition from the Dutch guilder currency system to the British pound sterling system. What is the Guyanese Dollar (GYD)? The term Guyanese dollar (GYD) refers to the official currency of Guyana. Created as legal tender in the 1800s, the dollar is printed and backed by the country's central bank, the Bank of Guyana. It is denoted by the symbols $ and G$ and is commonly referred to as GYD in the foreign exchange market. A dollar consists of 100 cents. Banknotes range from US$20 to US$5,000, while coins range from US$1 to US$100. Although the Guyanese dollar is not pegged to any other currency, it is often exchanged for the US dollar. Understanding the Guyanese Dollar (GYD) The Guyanese dollar (GYD) began in 1839 as a transitional currency from the Dutch guilder to the British pound sterling (GBP). The pound has been used in Guyana and other parts of the British West Indies for many years. It lasted mostly until the country gained independence from Britain on 26 May 1966, when the GYD first appeared in its current form. The central bank is responsible for monetary and fiscal policy in the country, as well as the printing and servicing of dollars. The Bank of Guyana was founded in 1965 and is the only institution authorized to issue and redeem banknotes and coins. The bank issues banknotes of 20, 50, 100, 500, 1000 and 5000 dollars. Coins are minted in denominations of 1, 5, 10 and 100 US dollars. The exchange rate between the Guyanese dollar and the US dollar is practically unchanged. As of March 31, 2021, one Guyanese dollar was worth $0.0048. This means that it takes about $210 to earn just one full US dollar. Hard currency is widely used in the country, so it's best to have cash with you. Credit cards are rarely used outside of Georgetown's main tourist areas, and foreign cards are generally not accepted at automated teller machines (ATMs). Currency can be exchanged at banks and hotels. But exchange offices or kombuses usually offer better exchange rates. Most retailers in tourist areas, including hotels and restaurants, accept US dollars. Special Considerations Guyana has a population of approximately 785,000 and is located along the North Atlantic coast of South America. The country is known for its rainforests and trade in commodities, especially sugar. More current exports include gold and bauxite, the latter of which is used in aluminum production. In 2015, Exxon Mobil (XOM) discovered an offshore oil field. The company said it expects the reserve to be worth 12 times the national economy. At the opening, the company said it could potentially store 700 million barrels of oil, but raised that estimate to 3.2 billion barrels. Production started in 2019. The company said in 2020 that the facility may not be financially viable, but remains committed to the project. 6.4% Inflation rate in Guyana as of August 2022. By 2021, gross domestic product (GDP) per capita was less than $12,000, equivalent to 87% of the global average. Thus, there is little interest in GYD among currency traders in the global forex market. The trading volume in the list of top currency pairs remains very low. In fact, the Guyanese dollar is not even a popular regional currency. 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


5 GYD	=	0.0236 BMD
10 GYD	=	0.0472 BMD
15 GYD	=	0.0708 BMD
20 GYD	=	0.0943 BMD
25 GYD	=	0.1179 BMD
30 GYD	=	0.1415 BMD
35 GYD	=	0.1651 BMD
40 GYD	=	0.1887 BMD
45 GYD	=	0.2123 BMD
50 GYD	=	0.2359 BMD
55 GYD	=	0.2594 BMD
60 GYD	=	0.283 BMD
65 GYD	=	0.3066 BMD
70 GYD	=	0.3302 BMD
75 GYD	=	0.3538 BMD
80 GYD	=	0.3774 BMD
85 GYD	=	0.401 BMD
90 GYD	=	0.4245 BMD
95 GYD	=	0.4481 BMD
100 GYD	=	0.4717 BMD
105 GYD	=	0.4953 BMD
110 GYD	=	0.5189 BMD
115 GYD	=	0.5425 BMD
120 GYD	=	0.5661 BMD
125 GYD	=	0.5897 BMD
130 GYD	=	0.6132 BMD
135 GYD	=	0.6368 BMD
140 GYD	=	0.6604 BMD
145 GYD	=	0.684 BMD
150 GYD	=	0.7076 BMD
155 GYD	=	0.7312 BMD
160 GYD	=	0.7548 BMD
165 GYD	=	0.7783 BMD
170 GYD	=	0.8019 BMD
175 GYD	=	0.8255 BMD
180 GYD	=	0.8491 BMD
185 GYD	=	0.8727 BMD
190 GYD	=	0.8963 BMD
195 GYD	=	0.9199 BMD
200 GYD	=	0.9434 BMD
205 GYD	=	0.967 BMD
210 GYD	=	0.9906 BMD
215 GYD	=	1.0142 BMD
220 GYD	=	1.0378 BMD
225 GYD	=	1.0614 BMD
230 GYD	=	1.085 BMD
235 GYD	=	1.1085 BMD
240 GYD	=	1.1321 BMD
245 GYD	=	1.1557 BMD
250 GYD	=	1.1793 BMD
255 GYD	=	1.2029 BMD
260 GYD	=	1.2265 BMD
265 GYD	=	1.2501 BMD
270 GYD	=	1.2736 BMD
275 GYD	=	1.2972 BMD
280 GYD	=	1.3208 BMD
285 GYD	=	1.3444 BMD
290 GYD	=	1.368 BMD
295 GYD	=	1.3916 BMD
300 GYD	=	1.4152 BMD
305 GYD	=	1.4388 BMD
310 GYD	=	1.4623 BMD
315 GYD	=	1.4859 BMD
320 GYD	=	1.5095 BMD
325 GYD	=	1.5331 BMD
330 GYD	=	1.5567 BMD
335 GYD	=	1.5803 BMD
340 GYD	=	1.6039 BMD
345 GYD	=	1.6274 BMD
350 GYD	=	1.651 BMD
355 GYD	=	1.6746 BMD
360 GYD	=	1.6982 BMD
365 GYD	=	1.7218 BMD
370 GYD	=	1.7454 BMD
375 GYD	=	1.769 BMD
380 GYD	=	1.7925 BMD
385 GYD	=	1.8161 BMD
390 GYD	=	1.8397 BMD
395 GYD	=	1.8633 BMD
400 GYD	=	1.8869 BMD
405 GYD	=	1.9105 BMD
410 GYD	=	1.9341 BMD
415 GYD	=	1.9576 BMD
420 GYD	=	1.9812 BMD
425 GYD	=	2.0048 BMD
430 GYD	=	2.0284 BMD
435 GYD	=	2.052 BMD
440 GYD	=	2.0756 BMD
445 GYD	=	2.0992 BMD
450 GYD	=	2.1227 BMD
455 GYD	=	2.1463 BMD
460 GYD	=	2.1699 BMD
465 GYD	=	2.1935 BMD
470 GYD	=	2.2171 BMD
475 GYD	=	2.2407 BMD
480 GYD	=	2.2643 BMD
485 GYD	=	2.2879 BMD
490 GYD	=	2.3114 BMD
495 GYD	=	2.335 BMD
500 GYD	=	2.3586 BMD


5 BMD	=	1059.9468 GYD
10 BMD	=	2119.8936 GYD
15 BMD	=	3179.8404 GYD
20 BMD	=	4239.7872 GYD
25 BMD	=	5299.734 GYD
30 BMD	=	6359.6808 GYD
35 BMD	=	7419.6276 GYD
40 BMD	=	8479.5744 GYD
45 BMD	=	9539.5212 GYD
50 BMD	=	10599.468 GYD
55 BMD	=	11659.4148 GYD
60 BMD	=	12719.3616 GYD
65 BMD	=	13779.3083 GYD
70 BMD	=	14839.2551 GYD
75 BMD	=	15899.2019 GYD
80 BMD	=	16959.1487 GYD
85 BMD	=	18019.0955 GYD
90 BMD	=	19079.0423 GYD
95 BMD	=	20138.9891 GYD
100 BMD	=	21198.9359 GYD
105 BMD	=	22258.8827 GYD
110 BMD	=	23318.8295 GYD
115 BMD	=	24378.7763 GYD
120 BMD	=	25438.7231 GYD
125 BMD	=	26498.6699 GYD
130 BMD	=	27558.6167 GYD
135 BMD	=	28618.5635 GYD
140 BMD	=	29678.5103 GYD
145 BMD	=	30738.4571 GYD
150 BMD	=	31798.4039 GYD
155 BMD	=	32858.3507 GYD
160 BMD	=	33918.2975 GYD
165 BMD	=	34978.2443 GYD
170 BMD	=	36038.1911 GYD
175 BMD	=	37098.1379 GYD
180 BMD	=	38158.0847 GYD
185 BMD	=	39218.0314 GYD
190 BMD	=	40277.9782 GYD
195 BMD	=	41337.925 GYD
200 BMD	=	42397.8718 GYD
205 BMD	=	43457.8186 GYD
210 BMD	=	44517.7654 GYD
215 BMD	=	45577.7122 GYD
220 BMD	=	46637.659 GYD
225 BMD	=	47697.6058 GYD
230 BMD	=	48757.5526 GYD
235 BMD	=	49817.4994 GYD
240 BMD	=	50877.4462 GYD
245 BMD	=	51937.393 GYD
250 BMD	=	52997.3398 GYD
255 BMD	=	54057.2866 GYD
260 BMD	=	55117.2334 GYD
265 BMD	=	56177.1802 GYD
270 BMD	=	57237.127 GYD
275 BMD	=	58297.0738 GYD
280 BMD	=	59357.0206 GYD
285 BMD	=	60416.9674 GYD
290 BMD	=	61476.9142 GYD
295 BMD	=	62536.861 GYD
300 BMD	=	63596.8078 GYD
305 BMD	=	64656.7545 GYD
310 BMD	=	65716.7013 GYD
315 BMD	=	66776.6481 GYD
320 BMD	=	67836.5949 GYD
325 BMD	=	68896.5417 GYD
330 BMD	=	69956.4885 GYD
335 BMD	=	71016.4353 GYD
340 BMD	=	72076.3821 GYD
345 BMD	=	73136.3289 GYD
350 BMD	=	74196.2757 GYD
355 BMD	=	75256.2225 GYD
360 BMD	=	76316.1693 GYD
365 BMD	=	77376.1161 GYD
370 BMD	=	78436.0629 GYD
375 BMD	=	79496.0097 GYD
380 BMD	=	80555.9565 GYD
385 BMD	=	81615.9033 GYD
390 BMD	=	82675.8501 GYD
395 BMD	=	83735.7969 GYD
400 BMD	=	84795.7437 GYD
405 BMD	=	85855.6905 GYD
410 BMD	=	86915.6373 GYD
415 BMD	=	87975.5841 GYD
420 BMD	=	89035.5309 GYD
425 BMD	=	90095.4776 GYD
430 BMD	=	91155.4244 GYD
435 BMD	=	92215.3712 GYD
440 BMD	=	93275.318 GYD
445 BMD	=	94335.2648 GYD
450 BMD	=	95395.2116 GYD
455 BMD	=	96455.1584 GYD
460 BMD	=	97515.1052 GYD
465 BMD	=	98575.052 GYD
470 BMD	=	99634.9988 GYD
475 BMD	=	100694.9456 GYD
480 BMD	=	101754.8924 GYD
485 BMD	=	102814.8392 GYD
490 BMD	=	103874.786 GYD
495 BMD	=	104934.7328 GYD
500 BMD	=	105994.6796 GYD

1 GYD to BMD Bermudian Dollar