SBD
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 Steem Dollars(SBD) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 SBD at a value of 1 SBD for 0.63 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 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.
SBD to BMD conversion rate trend
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In the past 1D, Steem Dollars has changed -8.29% to BMD. Based on the trend and price charts, Steem Dollars(SBD) has changed -8.29% to BMD while Bermudan Dollar(BMD) has changed % to SBD in the last 24 hours.
How to buy Steem Dollars
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Steem Dollars (SBD)
Use a variety of payment options to buy Steem Dollars on Bitget. We'll show you how.
Buy SBD (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of SBD with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy SBD with USDT via Bitget spot market.
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Sell SBD (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of SBD to BMD. However, you can first exchange SBD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Steem Dollars to Bermudan Dollar?
Steem Dollars to Bermudan Dollar is falling this week.Steem Dollars's current market price is $ 0.6320 per SBD, with a total market cap of $ 6,579,851.61 BMD based on a circulating supply of 10,411,154 SBD. The trading volume of Steem Dollars has changed by +461.74% ($ 3,290,348.38 BMD) in the last 24 hours. Last trading day, SBD's trading volume was $ 712,594.41.
Market cap
$6.58M
24h volume
$4.00M
Circulating supply
10.41M SBD
Conversion tables
The exchange rate of Steem Dollars is decreasing.1 SBD is currently valued at $ 0.6320 BMD , which means buying 5 SBD will cost $ 3.16 BMD . Similarly, $1 BMD can be traded for 1.58 SBD, and $50 BMD can be converted to 79.11 SBD, excluding any platform or gas fees.
The exchange rate of 1 SBD to Bermudan Dollar has changed by -8.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.29%, reaching a high of 0.7021 BMD and a low of 0.6200 BMD . One month ago, the value of 1 SBD was $ 3.99 BMD , which represents a -84.16% change from its current value. Over the last year, Steem Dollars has changed by , resulting in a change of -87.00% in its value.
-$
4.23BMDSBD to BMD
Amount
17:01 today
0.5 SBD
$0.3160
1 SBD
$0.6320
5 SBD
$3.16
10 SBD
$6.32
50 SBD
$31.6
100 SBD
$63.2
500 SBD
$316
1000 SBD
$632
BMD to SBD
Amount17:01 today
0.5BMD0.7911 SBD
1BMD1.58 SBD
5BMD7.91 SBD
10BMD15.82 SBD
50BMD79.11 SBD
100BMD158.23 SBD
500BMD791.14 SBD
1000BMD1,582.28 SBD
Today vs. 24 hours ago
| Amount | 17:01 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SBD | $0.3160 | $0.3445 | -8.29% |
| 1 SBD | $0.6320 | $0.6891 | -8.29% |
| 5 SBD | $3.16 | $3.45 | -8.29% |
| 10 SBD | $6.32 | $6.89 | -8.29% |
| 50 SBD | $31.6 | $34.45 | -8.29% |
| 100 SBD | $63.2 | $68.91 | -8.29% |
| 500 SBD | $316 | $344.54 | -8.29% |
| 1000 SBD | $632 | $689.08 | -8.29% |
Today vs. 1 month ago
| Amount | 17:01 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SBD | $0.3160 | $1.99 | -84.16% |
| 1 SBD | $0.6320 | $3.99 | -84.16% |
| 5 SBD | $3.16 | $19.94 | -84.16% |
| 10 SBD | $6.32 | $39.88 | -84.16% |
| 50 SBD | $31.6 | $199.38 | -84.16% |
| 100 SBD | $63.2 | $398.77 | -84.16% |
| 500 SBD | $316 | $1,993.85 | -84.16% |
| 1000 SBD | $632 | $3,987.7 | -84.16% |
Today vs. 1 year ago
| Amount | 17:01 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SBD | $0.3160 | $2.43 | -87.00% |
| 1 SBD | $0.6320 | $4.86 | -87.00% |
| 5 SBD | $3.16 | $24.3 | -87.00% |
| 10 SBD | $6.32 | $48.59 | -87.00% |
| 50 SBD | $31.6 | $242.97 | -87.00% |
| 100 SBD | $63.2 | $485.94 | -87.00% |
| 500 SBD | $316 | $2,429.71 | -87.00% |
| 1000 SBD | $632 | $4,859.41 | -87.00% |
Steem Dollars price prediction
What will the price of SBD be in 2026?
Based on SBD's historical price performance prediction model, the price of SBD is projected to reach $0.8369 in 2026.
What will the price of SBD be in 2031?
In 2031, the SBD price is expected to change by +27.00%. By the end of 2031, the SBD price is projected to reach $1.34, with a cumulative ROI of +112.05%.
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Popular Steem Dollars conversions
Check out these popular currency conversions of Steem Dollars to several fiat currencies.
Steem Dollars to TWD
1 SBD to NT$ 20.78 TWD
Steem Dollars to CNY
1 SBD to ¥ 4.61 CNY
Steem Dollars to BMD
1 SBD to $ 0.6320 BMD
Steem Dollars to USD
1 SBD to $ 0.6320 USD
Steem Dollars to AUD
1 SBD to $ 1.01 AUD
Steem Dollars to EUR
1 SBD to € 0.6035 EUR
Steem Dollars to CAD
1 SBD to $ 0.9109 CAD
Steem Dollars to KRW
1 SBD to ₩ 921.21 KRW
Steem Dollars to JPY
1 SBD to ¥ 95.4 JPY
Steem Dollars to GBP
1 SBD to £ 0.4983 GBP
Steem Dollars to BRL
1 SBD to R$ 3.75 BRL
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in Steem Dollars.
Bitcoin to BMD
1 BTC to $ 90,292.4 BMD
Ethereum to BMD
1 ETH to $ 2,279.65 BMD
XRP to BMD
1 XRP to $ 2.61 BMD
Solana to BMD
1 SOL to $ 158.18 BMD
Cardano to BMD
1 ADA to $ 0.9725 BMD
Dogecoin to BMD
1 DOGE to $ 0.2167 BMD
OFFICIAL TRUMP to BMD
1 TRUMP to $ 14.72 BMD
Litecoin to BMD
1 LTC to $ 114.32 BMD
BNB to BMD
1 BNB to $ 594.97 BMD
Sui to BMD
1 SUI to $ 2.87 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 Steem Dollars 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 Steem Dollars 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 Steem Dollars 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.
