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STEP to BMD Converter and calculator

STEP/BMD: 1 STEP = 0.08406 BMD. The price of converting 1 Step Finance (STEP) to Bermudan Dollar (BMD) is 0.08406 BMD today.
STEP
STEP
BMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides STEP to BMD real-time exchange rates, making it easy to convert Step Finance (STEP) to Bermudan Dollar (BMD). The conversion result is based on real-time data. The conversion result shows that 1 STEP is currently valued at 0.08 BMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 STEP is currently valued at 0.08 BMD, which means buying 5 STEP would cost 0.42 BMD. Similarly, $1 BMD can be converted to 11.9 STEP, and $50 BMD can be converted to 59.48 STEP, excluding any platform or gas fees.

Convert STEP to BMD

Convert BMD to STEP

Step Finance
Bermudan Dollar
5000 STEP
420.32  BMD
10000 STEP
840.64  BMD
In the table above, you'll find a comprehensive STEP to BMD converter that shows the value of Step Finance in Bermudan Dollar across commonly used conversion amounts. The list covers conversions from 1 STEP to BMD, all the way up to 10000 STEP, providing a clear view of their respective values.
Bermudan Dollar
Step Finance
1000 BMD
11,895.65 STEP
2000 BMD
23,791.31 STEP
5000 BMD
59,478.27 STEP
10000 BMD
118,956.55 STEP
50000 BMD
594,782.73 STEP
100000 BMD
1,189,565.46 STEP
In the table above, you'll find a comprehensive BMD to STEP converter that shows the value of Bermudan Dollar in Step Finance across commonly used conversion amounts. The list covers conversions from 1 BMD to STEP, all the way up to 100000 BMD, providing a clear view of their respective values.

STEP to BMD chart

STEP/BMD: 1 STEP = 0.08406 BMD; 2025/04/26 21:27:43
In the past 1D, Step Finance has changed -1.83% to BMD. Based on the trend and price charts, Step Finance(STEP) has changed -1.83% to BMD while Bermudan Dollar(BMD) has changed % to STEP in the last 24 hours.
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STEP to BMD conversion data: Volatility and price changes of Step Finance in BMD

The highest Step Finance price in BMD over the past 7 days was 0.08765 BMD while the lowest Step Finance price in BMD over the past 7 days was 0.07600 BMD. The relative change between the highs and lows in Step Finance price in BMD over the last 7 days indicates a volatility of %. You can view additional volatility data and STEP 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
0.08676 BMD
0.08765 BMD
0.1067 BMD
0.1479 BMD
Low
0.08405 BMD
0.07600 BMD
0.05762 BMD
0.05762 BMD
Average
0 BMD
0 BMD
0 BMD
0 BMD
Volatility
%
%
%
%
Change
-1.83%
+5.38%
-21.11%
-42.59%

Step Finance information

STEP to BMD market statistics

STEP/BMD:
$0.08406
STEP 24h volume:
$32,645.92
STEP market cap:
$18,612,544.57
STEP circulating supply:
221.41M STEP

Current STEP to BMD exchange rate

Step Finance to Bermudan Dollar is rising this week.
Step Finance's current market price is $0.08406 per STEP, with a total market cap of $18,612,544.57 BMD based on a circulating supply of 221,408,400 STEP. The trading volume of Step Finance has changed by -57.96% ($-45,000.74 BMD) in the last 24 hours. Last trading day, STEP's trading volume was $77,646.66.

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

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How to convert STEP to BMD

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Bitget P2P trading does not currently support direct buying of STEP with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy STEP with USDT via Bitget spot market.
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STEP to BMD Conversion tables

The exchange rate of Step Finance is decreasing.
The exchange rate of 1 STEP to Bermudan Dollar has changed by +5.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.83%, reaching a high of 0.08676 BMD and a low of 0.08405 BMD . One month ago, the value of 1 STEP was $0.1066 BMD , which represents a -21.11% change from its current value. Over the last year, Step Finance has changed by
+$
0.01892BMD
, resulting in a change of +29.03% in its value.
24 hours ago1 month ago1 year ago
Amount21:27 today24 hours ago24h change
0.5 STEP$0.04203$0.04282
-1.83%
1 STEP$0.08406$0.08563
-1.83%
5 STEP$0.4203$0.4282
-1.83%
10 STEP$0.8406$0.8563
-1.83%
50 STEP$4.2$4.28
-1.83%
100 STEP$8.41$8.56
-1.83%
500 STEP$42.03$42.82
-1.83%
1000 STEP$84.06$85.63
-1.83%

STEP to BMD FAQ

How much is 1 Step Finance in BMD?
Right now, the price of 1 Step Finance (STEP) in Bermudan Dollar (BMD) is $0.08406.
How much STEP can I buy for 1 BMD?
Based on the current exchange rate, you can get 11.9 STEP for 1 BMD.
How do I calculate or convert STEP to BMD?
You can use our STEP to BMD calculator at the top of this page to convert any amount of STEP to BMD. We've also included quick-reference tables for the most popular conversions. For example, 5 BMD is equivalent to 59.48 STEP, while 5 STEP will cost around 0.4203BMD.
What is the highest price of STEP/BMD in history?
The all-time high price of 1 STEP in BMD is $10.5. It remains to be seen if the value of 1 STEP/BMD will exceed the current all-time high.
What is the price trend of Step Finance in BMD?
Over the past 7 days, the exchange rate of Step Finance (STEP) has gone up by 5.38%.   Over the last month, the exchange rate of Step Finance (STEP) has gone down by 21.11% against Bermudan Dollar (BMD).

What factors influence the conversion rate of STEP to BMD?

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