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SOV to BMD Converter and calculator

SOV/BMD: 1 SOV = 0.1836 BMD. The price of converting 1 Sovryn (SOV) to Bermudan Dollar (BMD) is 0.1836 BMD today.
SOV
SOV
BMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SOV to BMD real-time exchange rates, making it easy to convert Sovryn (SOV) to Bermudan Dollar (BMD). The conversion result is based on real-time data. The conversion result shows that 1 SOV is currently valued at 0.18 BMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOV is currently valued at 0.18 BMD, which means buying 5 SOV would cost 0.92 BMD. Similarly, $1 BMD can be converted to 5.45 SOV, and $50 BMD can be converted to 27.24 SOV, excluding any platform or gas fees.

Convert SOV to BMD

Convert BMD to SOV

Sovryn
Bermudan Dollar
10000 SOV
1,835.62  BMD
In the table above, you'll find a comprehensive SOV to BMD converter that shows the value of Sovryn in Bermudan Dollar across commonly used conversion amounts. The list covers conversions from 1 SOV to BMD, all the way up to 10000 SOV, providing a clear view of their respective values.
Bermudan Dollar
Sovryn
10000 BMD
54,477.52 SOV
50000 BMD
272,387.58 SOV
100000 BMD
544,775.15 SOV
In the table above, you'll find a comprehensive BMD to SOV converter that shows the value of Bermudan Dollar in Sovryn across commonly used conversion amounts. The list covers conversions from 1 BMD to SOV, all the way up to 100000 BMD, providing a clear view of their respective values.

SOV to BMD chart

SOV/BMD: 1 SOV = 0.1836 BMD; 2025/04/27 00:27:57
In the past 1D, Sovryn has changed +0.06% to BMD. Based on the trend and price charts, Sovryn(SOV) has changed +0.06% to BMD while Bermudan Dollar(BMD) has changed % to SOV in the last 24 hours.
1D7D1M3M1YAll

SOV to BMD conversion data: Volatility and price changes of Sovryn in BMD

The highest Sovryn price in BMD over the past 7 days was 0.1842 BMD while the lowest Sovryn price in BMD over the past 7 days was 0.1722 BMD. The relative change between the highs and lows in Sovryn price in BMD over the last 7 days indicates a volatility of %. You can view additional volatility data and SOV 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
0.1840 BMD
0.1842 BMD
0.1936 BMD
0.3011 BMD
Low
0.1827 BMD
0.1722 BMD
0.1623 BMD
0.1623 BMD
Average
0 BMD
0 BMD
0 BMD
0 BMD
Volatility
%
%
%
%
Change
+0.06%
+8.20%
-5.10%
-31.55%

Sovryn information

SOV to BMD market statistics

SOV/BMD:
$0.1836
SOV 24h volume:
$25,038.65
SOV market cap:
$10,997,313.97
SOV circulating supply:
59.91M SOV

Current SOV to BMD exchange rate

Sovryn to Bermudan Dollar is rising this week.
Sovryn's current market price is $0.1836 per SOV, with a total market cap of $10,997,313.97 BMD based on a circulating supply of 59,910,636 SOV. The trading volume of Sovryn has changed by -29.95% ($-10,705.22 BMD) in the last 24 hours. Last trading day, SOV's trading volume was $35,743.86.

More info about Sovryn 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 Sovryn currency pair is the SOV to BMD, with for Sovryn's currency code being SOV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.

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SOV to BMD Conversion tables

The exchange rate of Sovryn is decreasing.
The exchange rate of 1 SOV to Bermudan Dollar has changed by +8.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.06%, reaching a high of 0.1840 BMD and a low of 0.1827 BMD . One month ago, the value of 1 SOV was $0.1934 BMD , which represents a -5.10% change from its current value. Over the last year, Sovryn has changed by
-$
1.78BMD
, resulting in a change of -90.67% in its value.
24 hours ago1 month ago1 year ago
Amount00:27 am today24 hours ago24h change
0.5 SOV$0.09178$0.09173
+0.06%
1 SOV$0.1836$0.1835
+0.06%
5 SOV$0.9178$0.9173
+0.06%
10 SOV$1.84$1.83
+0.06%
50 SOV$9.18$9.17
+0.06%
100 SOV$18.36$18.35
+0.06%
500 SOV$91.78$91.73
+0.06%
1000 SOV$183.56$183.46
+0.06%

SOV to BMD FAQ

How much is 1 Sovryn in BMD?
Right now, the price of 1 Sovryn (SOV) in Bermudan Dollar (BMD) is $0.1836.
How much SOV can I buy for 1 BMD?
Based on the current exchange rate, you can get 5.45 SOV for 1 BMD.
How do I calculate or convert SOV to BMD?
You can use our SOV to BMD calculator at the top of this page to convert any amount of SOV to BMD. We've also included quick-reference tables for the most popular conversions. For example, 5 BMD is equivalent to 27.24 SOV, while 5 SOV will cost around 0.9178BMD.
What is the highest price of SOV/BMD in history?
The all-time high price of 1 SOV in BMD is $44.91. It remains to be seen if the value of 1 SOV/BMD will exceed the current all-time high.
What is the price trend of Sovryn in BMD?
Over the past 7 days, the exchange rate of Sovryn (SOV) has gone up by 8.20%.   Over the last month, the exchange rate of Sovryn (SOV) has gone down by 5.10% against Bermudan Dollar (BMD).

What factors influence the conversion rate of SOV to BMD?

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