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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.04%
BTC/USDT$82813.40 (-1.06%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.04%
BTC/USDT$82813.40 (-1.06%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
IDV
BMD
Last updated as of 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 Idavoll DAO(IDV) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 IDV at a value of 1 IDV for 0.00 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 Idavoll DAO currency pair is the IDV to BMD, with for Idavoll DAO's currency code being IDV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
IDV to BMD conversion rate trend
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In the past 1D, Idavoll DAO has changed -2.24% to BMD. Based on the trend and price charts, Idavoll DAO(IDV) has changed -2.24% to BMD while Bermudan Dollar(BMD) has changed % to IDV in the last 24 hours.
IDV to BMD market statistics
IDV/BMD:
$ 0.{4}6636
IDV 24h volume:
$ 2,052.09
IDV market cap:
$ 61,335.21
IDV circulating supply:
924.28M IDV
More info about Idavoll DAO on Bitget
Current IDV to BMD exchange rate
Idavoll DAO to Bermudan Dollar is falling this week.Idavoll DAO's current market price is $ 0.{4}6636 per IDV, with a total market cap of $ 61,335.21 BMD based on a circulating supply of 924,278,340 IDV. The trading volume of Idavoll DAO has changed by -16.10% ($ -393.68 BMD) in the last 24 hours. Last trading day, IDV's trading volume was $ 2,445.77.
IDV to BMD Conversion tables
The exchange rate of Idavoll DAO is decreasing.1 IDV is currently valued at $ 0.{4}6636 BMD , which means buying 5 IDV will cost $ 0.0003318 BMD . Similarly, $1 BMD can be traded for 15,069.29 IDV, and $50 BMD can be converted to 753,464.58 IDV, excluding any platform or gas fees.
The exchange rate of 1 IDV to Bermudan Dollar has changed by -7.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.24%, reaching a high of 0.{4}6789 BMD and a low of 0.{4}6348 BMD . One month ago, the value of 1 IDV was $ 0.{4}8611 BMD , which represents a -22.94% change from its current value. Over the last year, Idavoll DAO has changed by , resulting in a change of -96.85% in its value.
-$
0.002041BMDIDV to BMD
Amount
10:24 am today
0.5 IDV
$0.{4}3318
1 IDV
$0.{4}6636
5 IDV
$0.0003318
10 IDV
$0.0006636
50 IDV
$0.003318
100 IDV
$0.006636
500 IDV
$0.03318
1000 IDV
$0.06636
BMD to IDV
Amount10:24 am today
0.5BMD7,534.65 IDV
1BMD15,069.29 IDV
5BMD75,346.46 IDV
10BMD150,692.92 IDV
50BMD753,464.58 IDV
100BMD1,506,929.16 IDV
500BMD7,534,645.81 IDV
1000BMD15,069,291.62 IDV
IDV to BMD Today vs. 24 hours ago
| Amount | 10:24 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 IDV | $0.{4}3318 | $0.{4}3394 | -2.24% |
| 1 IDV | $0.{4}6636 | $0.{4}6788 | -2.24% |
| 5 IDV | $0.0003318 | $0.0003394 | -2.24% |
| 10 IDV | $0.0006636 | $0.0006788 | -2.24% |
| 50 IDV | $0.003318 | $0.003394 | -2.24% |
| 100 IDV | $0.006636 | $0.006788 | -2.24% |
| 500 IDV | $0.03318 | $0.03394 | -2.24% |
| 1000 IDV | $0.06636 | $0.06788 | -2.24% |
IDV to BMD Today vs. 1 month ago
| Amount | 10:24 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 IDV | $0.{4}3318 | $0.{4}4306 | -22.94% |
| 1 IDV | $0.{4}6636 | $0.{4}8611 | -22.94% |
| 5 IDV | $0.0003318 | $0.0004306 | -22.94% |
| 10 IDV | $0.0006636 | $0.0008611 | -22.94% |
| 50 IDV | $0.003318 | $0.004306 | -22.94% |
| 100 IDV | $0.006636 | $0.008611 | -22.94% |
| 500 IDV | $0.03318 | $0.04306 | -22.94% |
| 1000 IDV | $0.06636 | $0.08611 | -22.94% |
IDV to BMD Today vs. 1 year ago
| Amount | 10:24 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 IDV | $0.{4}3318 | $0.001054 | -96.85% |
| 1 IDV | $0.{4}6636 | $0.002107 | -96.85% |
| 5 IDV | $0.0003318 | $0.01054 | -96.85% |
| 10 IDV | $0.0006636 | $0.02107 | -96.85% |
| 50 IDV | $0.003318 | $0.1054 | -96.85% |
| 100 IDV | $0.006636 | $0.2107 | -96.85% |
| 500 IDV | $0.03318 | $1.05 | -96.85% |
| 1000 IDV | $0.06636 | $2.11 | -96.85% |
How to convert IDV to BMD
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert IDV to BMD
Use a variety of payment options to buy Idavoll DAO on Bitget. We'll show you how.
Buy IDV (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of IDV with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy IDV with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell IDV (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of IDV to BMD. However, you can first exchange IDV for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of IDV to BMD?
There are many factors that affect the relationship between Idavoll DAO and Bermudan Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of IDV/BMD. When there is positive news in the market about the widespread adoption of IDV or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IDV/BMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IDV/BMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of IDV/BMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Idavoll DAO and adjust their investment strategies accordingly in the evolving market.
Idavoll DAO price prediction
What will the price of IDV be in 2026?
Based on IDV's historical price performance prediction model, the price of IDV is projected to reach $0.{4}7757 in 2026.
What will the price of IDV be in 2031?
In 2031, the IDV price is expected to change by +33.00%. By the end of 2031, the IDV price is projected to reach $0.0001504, with a cumulative ROI of +126.91%.
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Popular Idavoll DAO Converter
Check out these popular currency conversions of Idavoll DAO to several fiat currencies.
IDV to TWD
1 IDV to NT$ 0.002202 TWD
IDV to CNY
1 IDV to ¥ 0.0004834 CNY
IDV to BMD
1 IDV to $ 0.{4}6636 BMD
IDV to USD
1 IDV to $ 0.{4}6636 USD
IDV to EUR
1 IDV to € 0.{4}6055 EUR
IDV to CAD
1 IDV to $ 0.{4}9442 CAD
IDV to KRW
1 IDV to ₩ 0.09685 KRW
IDV to JPY
1 IDV to ¥ 0.009758 JPY
IDV to GBP
1 IDV to £ 0.{4}5152 GBP
IDV to BRL
1 IDV to R$ 0.0003878 BRL
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in Idavoll DAO.
PI to BMD
1 PI to $ 0.6193 BMD
FIL to BMD
1 FIL to $ 2.64 BMD
ATOM to BMD
1 ATOM to $ 4.72 BMD
USUAL to BMD
1 USUAL to $ 0.1169 BMD
BTC to BMD
1 BTC to $ 82,846.38 BMD
CRTS to BMD
1 CRTS to $ 0.0003443 BMD
ZRO to BMD
1 ZRO to $ 2.82 BMD
VIDT to BMD
1 VIDT to $ 0.02324 BMD
AMP to BMD
1 AMP to $ 0.003603 BMD
BERA to BMD
1 BERA to $ 5.68 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 Idavoll DAO 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 Idavoll DAO 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 Idavoll DAO 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.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
