cbETH
BMD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Coinbase Wrapped Staked ETH(cbETH) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 cbETH at a value of 1 cbETH for 4,072.53 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.
Bitget crypto-to-fiat exchange data shows that the most popular Coinbase Wrapped Staked ETH currency pair is the cbETH to BMD, with for Coinbase Wrapped Staked ETH's currency code being cbETH. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
cbETH to BMD conversion rate trend
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In the past 1D, Coinbase Wrapped Staked ETH has changed +0.10% to BMD. Based on the trend and price charts, Coinbase Wrapped Staked ETH(cbETH) has changed +0.10% to BMD while Bermudan Dollar(BMD) has changed % to cbETH in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $4,072.53 | 0.0001% / 0.0004%  VIP |
Last updated 2024/06/02 14:50:15(UTC+0)
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What factors influence the conversion rate of Coinbase Wrapped Staked ETH to Bermudan Dollar?
Coinbase Wrapped Staked ETH to Bermudan Dollar is rising this week.Coinbase Wrapped Staked ETH's current market price is $ 4,072.53 per cbETH, with a total market cap of $ 681,373,402.65 BMD based on a circulating supply of 167,309.42 cbETH. The trading volume of Coinbase Wrapped Staked ETH has changed by +51.28% ($ 613,902.06 BMD) in the last 24 hours. Last trading day, cbETH's trading volume was $ 1,197,054.18.
Market cap
$681.37M
24h volume
$1.81M
Circulating supply
167.31K cbETH
Conversion tables
The exchange rate of Coinbase Wrapped Staked ETH is increasing.1 cbETH is currently valued at $ 4,072.53 BMD , which means buying 5 cbETH will cost $ 20,362.67 BMD . Similarly, $1 BMD can be traded for 0.0002455 cbETH, and $50 BMD can be converted to 0.01228 cbETH, excluding any platform or gas fees.
The exchange rate of 1 cbETH to Bermudan Dollar has changed by +0.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.10%, reaching a high of 4,087.99 BMD and a low of 4,044.39 BMD . One month ago, the value of 1 cbETH was $ 3,252.7 BMD , which represents a +25.19% change from its current value. Over the last year, Coinbase Wrapped Staked ETH has changed by , resulting in a change of +106.52% in its value.
+$
101.75BMDcbETH to BMD
Amount
14:50 today
0.5 cbETH
$2,036.27
1 cbETH
$4,072.53
5 cbETH
$20,362.67
10 cbETH
$40,725.35
50 cbETH
$203,626.74
100 cbETH
$407,253.47
500 cbETH
$2,036,267.35
1000 cbETH
$4,072,534.7
BMD to cbETH
Amount14:50 today
0.5BMD0.0001228 cbETH
1BMD0.0002455 cbETH
5BMD0.001228 cbETH
10BMD0.002455 cbETH
50BMD0.01228 cbETH
100BMD0.02455 cbETH
500BMD0.1228 cbETH
1000BMD0.2455 cbETH
Today vs. 24 hours ago
| Amount | 14:50 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 cbETH | $2,036.27 | $2,034.32 | +0.10% |
| 1 cbETH | $4,072.53 | $4,068.64 | +0.10% |
| 5 cbETH | $20,362.67 | $20,343.2 | +0.10% |
| 10 cbETH | $40,725.35 | $40,686.39 | +0.10% |
| 50 cbETH | $203,626.74 | $203,431.97 | +0.10% |
| 100 cbETH | $407,253.47 | $406,863.94 | +0.10% |
| 500 cbETH | $2,036,267.35 | $2,034,319.7 | +0.10% |
| 1000 cbETH | $4,072,534.7 | $4,068,639.4 | +0.10% |
Today vs. 1 month ago
| Amount | 14:50 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 cbETH | $2,036.27 | $1,626.35 | +25.19% |
| 1 cbETH | $4,072.53 | $3,252.7 | +25.19% |
| 5 cbETH | $20,362.67 | $16,263.52 | +25.19% |
| 10 cbETH | $40,725.35 | $32,527.04 | +25.19% |
| 50 cbETH | $203,626.74 | $162,635.21 | +25.19% |
| 100 cbETH | $407,253.47 | $325,270.43 | +25.19% |
| 500 cbETH | $2,036,267.35 | $1,626,352.15 | +25.19% |
| 1000 cbETH | $4,072,534.7 | $3,252,704.3 | +25.19% |
Today vs. 1 year ago
| Amount | 14:50 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 cbETH | $2,036.27 | $985.39 | +106.52% |
| 1 cbETH | $4,072.53 | $1,970.79 | +106.52% |
| 5 cbETH | $20,362.67 | $9,853.94 | +106.52% |
| 10 cbETH | $40,725.35 | $19,707.88 | +106.52% |
| 50 cbETH | $203,626.74 | $98,539.41 | +106.52% |
| 100 cbETH | $407,253.47 | $197,078.83 | +106.52% |
| 500 cbETH | $2,036,267.35 | $985,394.15 | +106.52% |
| 1000 cbETH | $4,072,534.7 | $1,970,788.3 | +106.52% |
Coinbase Wrapped Staked ETH price prediction
What will the price of cbETH be in 2025?
Based on cbETH's historical price performance prediction model, the price of cbETH is projected to reach $5,873.3 in 2025.
What will the price of cbETH be in 2030?
In 2030, the cbETH price is expected to rise by -8.00%. By the end of 2030, the cbETH price is projected to reach $9,074.87, with a cumulative ROI of +122.83%.
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Popular Coinbase Wrapped Staked ETH conversions
Check out these popular currency conversions of Coinbase Wrapped Staked ETH to several fiat currencies.
Coinbase Wrapped Staked ETH to USD
1 cbETH to $ 4,072.53 USD
Coinbase Wrapped Staked ETH to GBP
1 cbETH to £ 3,197.35 GBP
Coinbase Wrapped Staked ETH to EUR
1 cbETH to € 3,751.21 EUR
Coinbase Wrapped Staked ETH to KRW
1 cbETH to ₩ 5,632,682.02 KRW
Coinbase Wrapped Staked ETH to CAD
1 cbETH to $ 5,560.23 CAD
Coinbase Wrapped Staked ETH to AUD
1 cbETH to $ 6,112.87 AUD
Coinbase Wrapped Staked ETH to JPY
1 cbETH to ¥ 640,406.08 JPY
Coinbase Wrapped Staked ETH to BRL
1 cbETH to R$ 21,365.74 BRL
Coinbase Wrapped Staked ETH to CNY
1 cbETH to ¥ 29,541.76 CNY
Coinbase Wrapped Staked ETH to TWD
1 cbETH to NT$ 132,273.89 TWD
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1 ONDO to $ 1.35 BMD
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1 JASMY to $ 0.03472 BMD
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1 BTC to $ 68,116.96 BMD
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1 TON to $ 6.48 BMD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Coinbase Wrapped Staked ETH and BMD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Coinbase Wrapped Staked ETH and BMD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Coinbase Wrapped Staked ETH in BMD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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