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base info The Sandbox

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SAND
SAND
swap
BMD
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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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1D7D1M3M1YAll
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calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
$0.2436
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Binance
$0.2436
0.1000% / 0.1000%
calculator.compare.yes
Coinbase Exchange
$0.2436
0.1000% / 0.1000%
calculator.compare.yes
OKX
$0.2436
0.080% / 0.100%
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Huobi
$0.2436
0.1000% / 0.1000%
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Gate.io
$0.2435
0.1000% / 0.1000%
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Bybit
$0.2435
0.1000% / 0.1000%
calculator.compare.yes
KuCoin
$0.2437
0.1000% / 0.1000%
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Bitfinex
$0.2432
0.1000% / 0.1000%
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$574.06M
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$44.67M
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2.39B SAND

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0.5 SAND
$0.1201
1 SAND
$0.2403
5 SAND
$1.2
10 SAND
$2.4
50 SAND
$12.01
100 SAND
$24.03
500 SAND
$120.13
1000 SAND
$240.27

coin.current_to_local

coin.amountcalculator.detail.time_
0.5BMD2.08  SAND
1BMD4.16  SAND
5BMD20.81  SAND
10BMD41.62  SAND
50BMD208.1  SAND
100BMD416.2  SAND
500BMD2,081  SAND
1000BMD4,162  SAND

calculator.detail.price_24

coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 SAND$0.1201$0.1260
-4.63%
1 SAND$0.2403$0.2519
-4.63%
5 SAND$1.2$1.26
-4.63%
10 SAND$2.4$2.52
-4.63%
50 SAND$12.01$12.6
-4.63%
100 SAND$24.03$25.19
-4.63%
500 SAND$120.13$125.96
-4.63%
1000 SAND$240.27$251.93
-4.63%

calculator.detail.price_month

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0.5 SAND$0.1201$0.1276
-5.87%
1 SAND$0.2403$0.2552
-5.87%
5 SAND$1.2$1.28
-5.87%
10 SAND$2.4$2.55
-5.87%
50 SAND$12.01$12.76
-5.87%
100 SAND$24.03$25.52
-5.87%
500 SAND$120.13$127.62
-5.87%
1000 SAND$240.27$255.25
-5.87%

calculator.detail.price_year

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0.5 SAND$0.1201$0.1851
-35.11%
1 SAND$0.2403$0.3703
-35.11%
5 SAND$1.2$1.85
-35.11%
10 SAND$2.4$3.7
-35.11%
50 SAND$12.01$18.51
-35.11%
100 SAND$24.03$37.03
-35.11%
500 SAND$120.13$185.14
-35.11%
1000 SAND$240.27$370.28
-35.11%

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