B3 to BMD Converter and calculator
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Conversion rates
Convert B3 to BMD
Convert BMD to B3
B3 to BMD chart
B3 to BMD conversion data: Volatility and price changes of B3 (Base) in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.003133 BMD | 0.003133 BMD | 0.003833 BMD | 0.005374 BMD |
Low | 0.003018 BMD | 0.002698 BMD | 0.002585 BMD | 0.002455 BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | -1.39% | +3.55% | +14.94% | -32.09% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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B3 (Base) information
B3 to BMD market statistics
Current B3 to BMD exchange rate
B3 (Base) to Bermudan Dollar is rising this week.More info about B3 (Base) on Bitget
Bermudan Dollar 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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B3 to BMD Conversion tables
Amount | 23:50 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 B3 | $0.001544 | $0.001566 | -1.39% |
1 B3 | $0.003088 | $0.003132 | -1.39% |
5 B3 | $0.01544 | $0.01566 | -1.39% |
10 B3 | $0.03088 | $0.03132 | -1.39% |
50 B3 | $0.1544 | $0.1566 | -1.39% |
100 B3 | $0.3088 | $0.3132 | -1.39% |
500 B3 | $1.54 | $1.57 | -1.39% |
1000 B3 | $3.09 | $3.13 | -1.39% |
B3 to BMD FAQ
What factors influence the conversion rate of B3 to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of B3 (Base) in the US is $0.003088 USD. Additionally, B3 (Base)’s price is €0.002634 EUR in the eurozone, £0.002284 GBP in the UK, C$0.004274 CAD in Canada, ₹0.2697 INR in India, ₨0.8758 PKR in Pakistan, R$0.01674 BRL in Brazil, and more.
The most popular B3 (Base) currency pair is the B3 to Bermudan Dollar(BMD). The price of 1 B3 (Base) (B3) in Bermudan Dollar (BMD) is $0.003088.
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