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base info Polkadot

Polkadot to Bermudan Dollar Converter and calculator

Convert 1Polkadot (DOT) to Bermudan Dollar (BMD) equals $ 7.35 | Bitget
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Polkadot(DOT) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 DOT at a value of 1 DOT for 7.35 BMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Polkadot currency pair is the DOT to BMD, with for Polkadot's currency code being DOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.

DOT to BMD conversion rate trend

In the past 1D, Polkadot has changed -2.05% to BMD. Based on the trend and price charts, Polkadot(DOT) has changed -2.05% to BMD while Bermudan Dollar(BMD) has changed % to DOT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
Coinbase Exchange
0.1000% / 0.1000%
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 2024/04/23 20:00:34(UTC+0)

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

Polkadot to Bermudan Dollar is rising this week.
Polkadot's current market price is $ 7.35 per DOT, with a total market cap of $ 10,554,338,415.54 BMD based on a circulating supply of 1,436,757,200 DOT. The trading volume of Polkadot has changed by -6.37% ($ -13,736,690.61 BMD) in the last 24 hours. Last trading day, DOT's trading volume was $ 215,755,020.
Market cap
24h volume
Circulating supply
1.44B DOT

Conversion tables

The exchange rate of Polkadot is decreasing.
1 DOT is currently valued at $ 7.35 BMD , which means buying 5 DOT will cost $ 36.73 BMD . Similarly, $1 BMD can be traded for 0.1361 DOT, and $50 BMD can be converted to 6.81 DOT, excluding any platform or gas fees.
The exchange rate of 1 DOT to Bermudan Dollar has changed by +10.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.05%, reaching a high of 7.56 BMD and a low of 7.32 BMD . One month ago, the value of 1 DOT was $ 9.32 BMD , which represents a -21.19% change from its current value. Over the last year, Polkadot has changed by
, resulting in a change of +23.96% in its value.


20:52 today
0.5 DOT
10 DOT
50 DOT
100 DOT
500 DOT
1000 DOT


Amount20:52 today
0.5BMD0.06806  DOT
1BMD0.1361  DOT
5BMD0.6806  DOT
10BMD1.36  DOT
50BMD6.81  DOT
100BMD13.61  DOT
500BMD68.06  DOT
1000BMD136.13  DOT

Today vs. 24 hours ago

Amount20:52 today24 hours ago24h change
0.5 DOT$3.67$3.75
1 DOT$7.35$7.5
5 DOT$36.73$37.5
10 DOT$73.46$74.99
50 DOT$367.3$374.97
100 DOT$734.59$749.95
500 DOT$3,672.97$3,749.73
1000 DOT$7,345.94$7,499.47

Today vs. 1 month ago

Amount20:52 today1 month ago1M change
0.5 DOT$3.67$4.66
1 DOT$7.35$9.32
5 DOT$36.73$46.61
10 DOT$73.46$93.21
50 DOT$367.3$466.05
100 DOT$734.59$932.11
500 DOT$3,672.97$4,660.54
1000 DOT$7,345.94$9,321.08

Today vs. 1 year ago

Amount20:52 today1 year ago1Y change
0.5 DOT$3.67$2.96
1 DOT$7.35$5.93
5 DOT$36.73$29.63
10 DOT$73.46$59.26
50 DOT$367.3$296.3
100 DOT$734.59$592.6
500 DOT$3,672.97$2,963.01
1000 DOT$7,345.94$5,926.03


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