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SBD to BMD Converter and calculator

SBD/BMD: 1 SBD = 0.9075 BMD. The price of converting 1 Steem Dollars (SBD) to Bermudan Dollar (BMD) is 0.9075 BMD today.
SBD
SBD
BMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SBD to BMD real-time exchange rates, making it easy to convert Steem Dollars (SBD) to Bermudan Dollar (BMD). The conversion result is based on real-time data. The conversion result shows that 1 SBD is currently valued at 0.91 BMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SBD is currently valued at 0.91 BMD, which means buying 5 SBD would cost 4.54 BMD. Similarly, $1 BMD can be converted to 1.1 SBD, and $50 BMD can be converted to 5.51 SBD, excluding any platform or gas fees.

Convert SBD to BMD

Convert BMD to SBD

Steem Dollars
Bermudan Dollar
5000 SBD
4,537.65  BMD
10000 SBD
9,075.3  BMD
In the table above, you'll find a comprehensive SBD to BMD converter that shows the value of Steem Dollars in Bermudan Dollar across commonly used conversion amounts. The list covers conversions from 1 SBD to BMD, all the way up to 10000 SBD, providing a clear view of their respective values.
Bermudan Dollar
Steem Dollars
10000 BMD
11,018.92 SBD
50000 BMD
55,094.62 SBD
100000 BMD
110,189.23 SBD
In the table above, you'll find a comprehensive BMD to SBD converter that shows the value of Bermudan Dollar in Steem Dollars across commonly used conversion amounts. The list covers conversions from 1 BMD to SBD, all the way up to 100000 BMD, providing a clear view of their respective values.

SBD to BMD chart

SBD/BMD: 1 SBD = 0.9075 BMD; 2025/04/27 21:31:14
In the past 1D, Steem Dollars has changed +6.29% to BMD. Based on the trend and price charts, Steem Dollars(SBD) has changed +6.29% to BMD while Bermudan Dollar(BMD) has changed % to SBD in the last 24 hours.
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SBD to BMD conversion data: Volatility and price changes of Steem Dollars in BMD

The highest Steem Dollars price in BMD over the past 7 days was 0.9402 BMD while the lowest Steem Dollars price in BMD over the past 7 days was 0.6272 BMD. The relative change between the highs and lows in Steem Dollars price in BMD over the last 7 days indicates a volatility of %. You can view additional volatility data and SBD to BMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.9402 BMD
0.9402 BMD
1.78 BMD
6.86 BMD
Low
0.8535 BMD
0.6272 BMD
0.5828 BMD
0.4340 BMD
Average
0 BMD
0 BMD
0 BMD
0 BMD
Volatility
%
%
%
%
Change
+6.29%
+10.28%
+17.84%
-81.72%

Steem Dollars information

SBD to BMD market statistics

SBD/BMD:
$0.9075
SBD 24h volume:
$543,346.53
SBD market cap:
$8,895,288.5
SBD circulating supply:
9.80M SBD

Current SBD to BMD exchange rate

Steem Dollars to Bermudan Dollar is rising this week.
Steem Dollars's current market price is $0.9075 per SBD, with a total market cap of $8,895,288.5 BMD based on a circulating supply of 9,801,650 SBD. The trading volume of Steem Dollars has changed by -3.41% ($-19,195.63 BMD) in the last 24 hours. Last trading day, SBD's trading volume was $562,542.16.

More info about Steem Dollars 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.

Bitget crypto-to-fiat exchange data shows that the most popular Steem Dollars currency pair is the SBD to BMD, with for Steem Dollars's currency code being SBD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.

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How to convert SBD to BMD

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SBD to BMD Conversion tables

The exchange rate of Steem Dollars is increasing.
The exchange rate of 1 SBD to Bermudan Dollar has changed by +10.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.29%, reaching a high of 0.9402 BMD and a low of 0.8535 BMD . One month ago, the value of 1 SBD was $0.7702 BMD , which represents a +17.84% change from its current value. Over the last year, Steem Dollars has changed by
-$
2.99BMD
, resulting in a change of -76.73% in its value.
24 hours ago1 month ago1 year ago
Amount21:31 today24 hours ago24h change
0.5 SBD$0.4538$0.4269
+6.29%
1 SBD$0.9075$0.8538
+6.29%
5 SBD$4.54$4.27
+6.29%
10 SBD$9.08$8.54
+6.29%
50 SBD$45.38$42.69
+6.29%
100 SBD$90.75$85.38
+6.29%
500 SBD$453.76$426.9
+6.29%
1000 SBD$907.53$853.79
+6.29%

SBD to BMD FAQ

How much is 1 Steem Dollars in BMD?
Right now, the price of 1 Steem Dollars (SBD) in Bermudan Dollar (BMD) is $0.9075.
How much SBD can I buy for 1 BMD?
Based on the current exchange rate, you can get 1.1 SBD for 1 BMD.
How do I calculate or convert SBD to BMD?
You can use our SBD to BMD calculator at the top of this page to convert any amount of SBD to BMD. We've also included quick-reference tables for the most popular conversions. For example, 5 BMD is equivalent to 5.51 SBD, while 5 SBD will cost around 4.54BMD.
What is the highest price of SBD/BMD in history?
The all-time high price of 1 SBD in BMD is $22.34. It remains to be seen if the value of 1 SBD/BMD will exceed the current all-time high.
What is the price trend of Steem Dollars in BMD?
Over the past 7 days, the exchange rate of Steem Dollars (SBD) has gone up by 10.28%.   Over the last month, the exchange rate of Steem Dollars (SBD) has gone up by 17.84% against Bermudan Dollar (BMD).

What factors influence the conversion rate of SBD to BMD?

There are many factors that affect the relationship between Steem Dollars 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 SBD/BMD. When there is positive news in the market about the widespread adoption of SBD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SBD/BMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SBD/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.
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 SBD/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 Steem Dollars and adjust their investment strategies accordingly in the evolving market.

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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.