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Maker to Bermudan Dollar Converter and calculator

Convert 1Maker (MKR) to Bermudan Dollar (BMD) equals $ 2,981.53 | 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 Maker currency pair is the MKR to BMD, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.

MKR to BMD conversion rate trend

In the past 1D, Maker has changed +5.46% to BMD. Based on the trend and price charts, Maker(MKR) has changed +5.46% to BMD while Bermudan Dollar(BMD) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/14 19:00:33(UTC+0)

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

Maker to Bermudan Dollar is falling this week.
Maker's current market price is $ 2,981.53 per MKR, with a total market cap of $ 2,757,052,824.47 BMD based on a circulating supply of 924,709.7 MKR. The trading volume of Maker has changed by +82.79% ($ 94,960,895.87 BMD) in the last 24 hours. Last trading day, MKR's trading volume was $ 114,701,617.8.
Market cap
24h volume
Circulating supply
924.71K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at $ 2,981.53 BMD , which means buying 5 MKR will cost $ 14,907.67 BMD . Similarly, $1 BMD can be traded for 0.0003354 MKR, and $50 BMD can be converted to 0.01677 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Bermudan Dollar has changed by -17.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.46%, reaching a high of 2,993.67 BMD and a low of 2,470.82 BMD . One month ago, the value of 1 MKR was $ 2,784.32 BMD , which represents a +7.08% change from its current value. Over the last year, Maker has changed by
, resulting in a change of +287.95% in its value.


19:53 today
0.5 MKR
10 MKR
50 MKR
100 MKR
500 MKR
1000 MKR


Amount19:53 today
0.5BMD0.0001677  MKR
1BMD0.0003354  MKR
5BMD0.001677  MKR
10BMD0.003354  MKR
50BMD0.01677  MKR
100BMD0.03354  MKR
500BMD0.1677  MKR
1000BMD0.3354  MKR

Today vs. 24 hours ago

Amount19:53 today24 hours ago24h change
0.5 MKR$1,490.77$1,413.59
1 MKR$2,981.53$2,827.17
5 MKR$14,907.67$14,135.86
10 MKR$29,815.33$28,271.73
50 MKR$149,076.66$141,358.64
100 MKR$298,153.32$282,717.29
500 MKR$1,490,766.6$1,413,586.45
1000 MKR$2,981,533.2$2,827,172.9

Today vs. 1 month ago

Amount19:53 today1 month ago1M change
0.5 MKR$1,490.77$1,392.16
1 MKR$2,981.53$2,784.32
5 MKR$14,907.67$13,921.59
10 MKR$29,815.33$27,843.19
50 MKR$149,076.66$139,215.94
100 MKR$298,153.32$278,431.88
500 MKR$1,490,766.6$1,392,159.4
1000 MKR$2,981,533.2$2,784,318.8

Today vs. 1 year ago

Amount19:53 today1 year ago1Y change
0.5 MKR$1,490.77$384.33
1 MKR$2,981.53$768.66
5 MKR$14,907.67$3,843.31
10 MKR$29,815.33$7,686.63
50 MKR$149,076.66$38,433.14
100 MKR$298,153.32$76,866.28
500 MKR$1,490,766.6$384,331.42
1000 MKR$2,981,533.2$768,662.84


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