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Bitcoin to Bermudan Dollar Converter and calculator

Convert 1Bitcoin (BTC) to Bermudan Dollar (BMD) equals $ 64,423.17 | Bitget

BMD 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Bitcoin currency pair is the BTC to BMD, with for Bitcoin's currency code being BTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.

BTC to BMD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Bitcoin has changed -4.57% to BMD. Based on the trend and price charts, Bitcoin(BTC) has changed -4.57% to BMD while Bermudan Dollar(BMD) has changed % to BTC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$64,479.9
0.0001% / 0.0004%vip-iconVIP
Binance
$64,457
0.1000% / 0.1000%
Yes
Coinbase Exchange
$64,463.84
0.1000% / 0.1000%
Yes
Kraken
$64,493
0.1000% / 0.1000%
Yes
OKX
$64,456
0.080% / 0.100%
Yes
Huobi
$64,430
0.1000% / 0.1000%
Yes
Gate.io
$64,454.9
0.1000% / 0.1000%
Yes
Bybit
$64,490.54
0.1000% / 0.1000%
Yes
KuCoin
$64,429.6
0.1000% / 0.1000%
Yes
Bitfinex
$64,497
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 11:00:37(UTC+0)

What factors influence the conversion rate of Bitcoin to Bermudan Dollar?

Bitcoin to Bermudan Dollar is falling this week.
Bitcoin's current market price is $ 64,423.17 per BTC, with a total market cap of $ 1,267,993,638,546.45 BMD based on a circulating supply of 19,682,262 BTC. The trading volume of Bitcoin has changed by +28.14% ($ 13,493,924,969.7 BMD) in the last 24 hours. Last trading day, BTC's trading volume was $ 47,955,381,309.24.
Market cap
$1.27T
24h volume
$61.45B
Circulating supply
19.68M BTC

Conversion tables

The exchange rate of Bitcoin is decreasing.
1 BTC is currently valued at $ 64,423.17 BMD , which means buying 5 BTC will cost $ 322,115.84 BMD . Similarly, $1 BMD can be traded for 0.{4}1552 BTC, and $50 BMD can be converted to 0.0007761 BTC, excluding any platform or gas fees.
The exchange rate of 1 BTC to Bermudan Dollar has changed by -7.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.57%, reaching a high of 67,903.45 BMD and a low of 60,919.11 BMD . One month ago, the value of 1 BTC was $ 67,346.73 BMD , which represents a -4.34% change from its current value. Over the last year, Bitcoin has changed by
+$
3,952.48BMD
, resulting in a change of +111.52% in its value.

BTC to BMD

Amount
11:06 am today
0.5 BTC
$32,211.58
1 BTC
$64,423.17
5 BTC
$322,115.84
10 BTC
$644,231.68
50 BTC
$3,221,158.4
100 BTC
$6,442,316.8
500 BTC
$32,211,584
1000 BTC
$64,423,168

BMD to BTC

Amount11:06 am today
0.5BMD0.{5}7761  BTC
1BMD0.{4}1552  BTC
5BMD0.{4}7761  BTC
10BMD0.0001552  BTC
50BMD0.0007761  BTC
100BMD0.001552  BTC
500BMD0.007761  BTC
1000BMD0.01552  BTC
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Today vs. 24 hours ago

Amount11:06 am today24 hours ago24h change
0.5 BTC$32,211.58$33,752.22
-4.57%
1 BTC$64,423.17$67,504.44
-4.57%
5 BTC$322,115.84$337,522.2
-4.57%
10 BTC$644,231.68$675,044.4
-4.57%
50 BTC$3,221,158.4$3,375,222
-4.57%
100 BTC$6,442,316.8$6,750,444
-4.57%
500 BTC$32,211,584$33,752,220
-4.57%
1000 BTC$64,423,168$67,504,440
-4.57%

Today vs. 1 month ago

Amount11:06 am today1 month ago1M change
0.5 BTC$32,211.58$33,673.37
-4.34%
1 BTC$64,423.17$67,346.73
-4.34%
5 BTC$322,115.84$336,733.67
-4.34%
10 BTC$644,231.68$673,467.34
-4.34%
50 BTC$3,221,158.4$3,367,336.7
-4.34%
100 BTC$6,442,316.8$6,734,673.4
-4.34%
500 BTC$32,211,584$33,673,367
-4.34%
1000 BTC$64,423,168$67,346,734
-4.34%

Today vs. 1 year ago

Amount11:06 am today1 year ago1Y change
0.5 BTC$32,211.58$15,235.35
+111.52%
1 BTC$64,423.17$30,470.69
+111.52%
5 BTC$322,115.84$152,353.45
+111.52%
10 BTC$644,231.68$304,706.91
+111.52%
50 BTC$3,221,158.4$1,523,534.55
+111.52%
100 BTC$6,442,316.8$3,047,069.1
+111.52%
500 BTC$32,211,584$15,235,345.5
+111.52%
1000 BTC$64,423,168$30,470,691
+111.52%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.