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Monero to Bermudan Dollar Converter and calculator

Convert 1Monero (XMR) to Bermudan Dollar (BMD) equals $ 134.75 | Bitget
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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 Monero(XMR) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 XMR at a value of 1 XMR for 134.75 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 Monero currency pair is the XMR to BMD, with for Monero's currency code being XMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.

XMR to BMD conversion rate trend

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In the past 1D, Monero has changed -0.53% to BMD. Based on the trend and price charts, Monero(XMR) has changed -0.53% to BMD while Bermudan Dollar(BMD) has changed % to XMR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$134.75
0.0001% / 0.0004%vip-iconVIP
Binance
$118.7
0.1000% / 0.1000%
Yes
Kraken
$135.09
0.1000% / 0.1000%
Yes
OKX
$159
0.080% / 0.100%
Yes
Huobi
$135.05
0.1000% / 0.1000%
Yes
Gate.io
$134.92
0.1000% / 0.1000%
Yes
KuCoin
$135
0.1000% / 0.1000%
Yes
Bitfinex
$134.83
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 19:00:19(UTC+0)

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

Monero to Bermudan Dollar is rising this week.
Monero's current market price is $ 134.75 per XMR, with a total market cap of $ 2,484,646,902.5 BMD based on a circulating supply of 18,438,704 XMR. The trading volume of Monero has changed by -11.79% ($ -4,013,932.48 BMD) in the last 24 hours. Last trading day, XMR's trading volume was $ 34,037,433.96.
Market cap
$2.48B
24h volume
$30.02M
Circulating supply
18.44M XMR

Conversion tables

The exchange rate of Monero is increasing.
1 XMR is currently valued at $ 134.75 BMD , which means buying 5 XMR will cost $ 673.76 BMD . Similarly, $1 BMD can be traded for 0.007421 XMR, and $50 BMD can be converted to 0.3711 XMR, excluding any platform or gas fees.
The exchange rate of 1 XMR to Bermudan Dollar has changed by +0.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.53%, reaching a high of 136.29 BMD and a low of 134.61 BMD . One month ago, the value of 1 XMR was $ 121.04 BMD , which represents a +11.33% change from its current value. Over the last year, Monero has changed by
-$
15.59BMD
, resulting in a change of -10.37% in its value.

XMR to BMD

Amount
19:10 today
0.5 XMR
$67.38
1 XMR
$134.75
5 XMR
$673.76
10 XMR
$1,347.52
50 XMR
$6,737.59
100 XMR
$13,475.17
500 XMR
$67,375.85
1000 XMR
$134,751.71

BMD to XMR

Amount19:10 today
0.5BMD0.003711  XMR
1BMD0.007421  XMR
5BMD0.03711  XMR
10BMD0.07421  XMR
50BMD0.3711  XMR
100BMD0.7421  XMR
500BMD3.71  XMR
1000BMD7.42  XMR
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Today vs. 24 hours ago

Amount19:10 today24 hours ago24h change
0.5 XMR$67.38$67.73
-0.53%
1 XMR$134.75$135.47
-0.53%
5 XMR$673.76$677.33
-0.53%
10 XMR$1,347.52$1,354.66
-0.53%
50 XMR$6,737.59$6,773.29
-0.53%
100 XMR$13,475.17$13,546.58
-0.53%
500 XMR$67,375.85$67,732.92
-0.53%
1000 XMR$134,751.71$135,465.84
-0.53%

Today vs. 1 month ago

Amount19:10 today1 month ago1M change
0.5 XMR$67.38$60.52
+11.33%
1 XMR$134.75$121.04
+11.33%
5 XMR$673.76$605.19
+11.33%
10 XMR$1,347.52$1,210.38
+11.33%
50 XMR$6,737.59$6,051.88
+11.33%
100 XMR$13,475.17$12,103.77
+11.33%
500 XMR$67,375.85$60,518.84
+11.33%
1000 XMR$134,751.71$121,037.67
+11.33%
Buy Monero for 1 BMD
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Today vs. 1 year ago

Amount19:10 today1 year ago1Y change
0.5 XMR$67.38$75.17
-10.37%
1 XMR$134.75$150.34
-10.37%
5 XMR$673.76$751.72
-10.37%
10 XMR$1,347.52$1,503.45
-10.37%
50 XMR$6,737.59$7,517.24
-10.37%
100 XMR$13,475.17$15,034.48
-10.37%
500 XMR$67,375.85$75,172.38
-10.37%
1000 XMR$134,751.71$150,344.76
-10.37%

Monero price prediction

What will the price of XMR be in 2025?

Based on XMR's historical price performance prediction model, the price of XMR is projected to reach $166.41 in 2025.

What will the price of XMR be in 2030?

In 2030, the XMR price is expected to rise by -6.00%. By the end of 2030, the XMR price is projected to reach $181.8, with a cumulative ROI of +34.92%.
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