Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.07%
BTC/USDT$82912.00 (-0.62%)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 share62.07%
BTC/USDT$82912.00 (-0.62%)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 share62.07%
BTC/USDT$82912.00 (-0.62%)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
PAYN
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 PayNet Coin(PAYN) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 PAYN at a value of 1 PAYN for 0.57 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 PayNet Coin currency pair is the PAYN to BMD, with for PayNet Coin's currency code being PAYN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
PAYN to BMD conversion rate trend
1D7D1M3M1YAll
In the past 1D, PayNet Coin has changed +0.76% to BMD. Based on the trend and price charts, PayNet Coin(PAYN) has changed +0.76% to BMD while Bermudan Dollar(BMD) has changed % to PAYN in the last 24 hours.
PAYN to BMD market statistics
PAYN/BMD:
$ 0.5703
PAYN 24h volume:
$ 101,454.3
PAYN market cap:
--
PAYN circulating supply:
0 PAYN
More info about PayNet Coin on Bitget
Current PAYN to BMD exchange rate
PayNet Coin to Bermudan Dollar is rising this week.PayNet Coin's current market price is $ 0.5703 per PAYN, with a total market cap of $ 0 BMD based on a circulating supply of -- PAYN. The trading volume of PayNet Coin has changed by +1.09% ($ 1,098.69 BMD) in the last 24 hours. Last trading day, PAYN's trading volume was $ 100,355.61.
PAYN to BMD Conversion tables
The exchange rate of PayNet Coin is increasing.1 PAYN is currently valued at $ 0.5703 BMD , which means buying 5 PAYN will cost $ 2.85 BMD . Similarly, $1 BMD can be traded for 1.75 PAYN, and $50 BMD can be converted to 87.67 PAYN, excluding any platform or gas fees.
The exchange rate of 1 PAYN to Bermudan Dollar has changed by +8.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.76%, reaching a high of 0.5713 BMD and a low of 0.5650 BMD . One month ago, the value of 1 PAYN was $ 0.4861 BMD , which represents a +17.38% change from its current value. Over the last year, PayNet Coin has changed by , resulting in a change of +48.51% in its value.
+$
0.1863BMDPAYN to BMD
Amount
12:26 today
0.5 PAYN
$0.2852
1 PAYN
$0.5703
5 PAYN
$2.85
10 PAYN
$5.7
50 PAYN
$28.52
100 PAYN
$57.03
500 PAYN
$285.15
1000 PAYN
$570.31
BMD to PAYN
Amount12:26 today
0.5BMD0.8767 PAYN
1BMD1.75 PAYN
5BMD8.77 PAYN
10BMD17.53 PAYN
50BMD87.67 PAYN
100BMD175.34 PAYN
500BMD876.72 PAYN
1000BMD1,753.44 PAYN
PAYN to BMD Today vs. 24 hours ago
| Amount | 12:26 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PAYN | $0.2852 | $0.2830 | +0.76% |
| 1 PAYN | $0.5703 | $0.5660 | +0.76% |
| 5 PAYN | $2.85 | $2.83 | +0.76% |
| 10 PAYN | $5.7 | $5.66 | +0.76% |
| 50 PAYN | $28.52 | $28.3 | +0.76% |
| 100 PAYN | $57.03 | $56.6 | +0.76% |
| 500 PAYN | $285.15 | $283.01 | +0.76% |
| 1000 PAYN | $570.31 | $566.03 | +0.76% |
PAYN to BMD Today vs. 1 month ago
| Amount | 12:26 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PAYN | $0.2852 | $0.2430 | +17.38% |
| 1 PAYN | $0.5703 | $0.4861 | +17.38% |
| 5 PAYN | $2.85 | $2.43 | +17.38% |
| 10 PAYN | $5.7 | $4.86 | +17.38% |
| 50 PAYN | $28.52 | $24.3 | +17.38% |
| 100 PAYN | $57.03 | $48.61 | +17.38% |
| 500 PAYN | $285.15 | $243.04 | +17.38% |
| 1000 PAYN | $570.31 | $486.07 | +17.38% |
PAYN to BMD Today vs. 1 year ago
| Amount | 12:26 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PAYN | $0.2852 | $0.1920 | +48.51% |
| 1 PAYN | $0.5703 | $0.3840 | +48.51% |
| 5 PAYN | $2.85 | $1.92 | +48.51% |
| 10 PAYN | $5.7 | $3.84 | +48.51% |
| 50 PAYN | $28.52 | $19.2 | +48.51% |
| 100 PAYN | $57.03 | $38.4 | +48.51% |
| 500 PAYN | $285.15 | $192.01 | +48.51% |
| 1000 PAYN | $570.31 | $384.01 | +48.51% |
How to convert PAYN to BMD
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Convert PAYN to BMD
Use a variety of payment options to buy PayNet Coin on Bitget. We'll show you how.
Buy PAYN (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of PAYN with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy PAYN with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell PAYN (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of PAYN to BMD. However, you can first exchange PAYN 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 |
|---|
No matching ads found.
What factors influence the conversion rate of PAYN to BMD?
There are many factors that affect the relationship between PayNet Coin 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 PAYN/BMD. When there is positive news in the market about the widespread adoption of PAYN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PAYN/BMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PAYN/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 PAYN/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 PayNet Coin and adjust their investment strategies accordingly in the evolving market.
PayNet Coin price prediction
What will the price of PAYN be in 2026?
Based on PAYN's historical price performance prediction model, the price of PAYN is projected to reach $0.6292 in 2026.
What will the price of PAYN be in 2031?
In 2031, the PAYN price is expected to change by +1.00%. By the end of 2031, the PAYN price is projected to reach $1.25, with a cumulative ROI of +118.47%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular PayNet Coin Converter
Check out these popular currency conversions of PayNet Coin to several fiat currencies.
PAYN to TWD
1 PAYN to NT$ 18.93 TWD
PAYN to CNY
1 PAYN to ¥ 4.15 CNY
PAYN to BMD
1 PAYN to $ 0.5703 BMD
PAYN to USD
1 PAYN to $ 0.5703 USD
PAYN to EUR
1 PAYN to € 0.5203 EUR
PAYN to CAD
1 PAYN to $ 0.8114 CAD
PAYN to KRW
1 PAYN to ₩ 832.37 KRW
PAYN to JPY
1 PAYN to ¥ 83.86 JPY
PAYN to GBP
1 PAYN to £ 0.4428 GBP
PAYN to BRL
1 PAYN to R$ 3.33 BRL
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in PayNet Coin.
PI to BMD
1 PI to $ 0.6275 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 $ 0.1209 BMD
BTC to BMD
1 BTC to $ 82,917.3 BMD
CRTS to BMD
1 CRTS to $ 0.0003465 BMD
ZRO to BMD
1 ZRO to $ 2.8 BMD
VIDT to BMD
1 VIDT to $ 0.02278 BMD
AMP to BMD
1 AMP to $ 0.003587 BMD
BERA to BMD
1 BERA to $ 5.64 BMD
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 PayNet Coin 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 PayNet Coin 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 PayNet Coin 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.
