XTM
BMD
Last updated 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 Torum(XTM) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 XTM at a value of 1 XTM for 0.02 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 Torum currency pair is the XTM to BMD, with for Torum's currency code being XTM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
XTM to BMD conversion rate trend
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In the past 1D, Torum has changed +3.20% to BMD. Based on the trend and price charts, Torum(XTM) has changed +3.20% to BMD while Bermudan Dollar(BMD) has changed % to XTM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.01500 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | $0.01503 | 0.1000% / 0.1000% | Yes |
KuCoin | $0.01501 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/25 00:00:28(UTC+0)
How to buy Torum
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.
Buy Torum (XTM)
Use a variety of payment options to buy Torum on Bitget. We'll show you how.
Buy XTM (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of XTM with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy XTM with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell XTM (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of XTM to BMD. However, you can first exchange XTM 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 Torum to Bermudan Dollar?
Torum to Bermudan Dollar is falling this week.Torum's current market price is $ 0.01515 per XTM, with a total market cap of $ 2,941,050.8 BMD based on a circulating supply of 194,096,320 XTM. The trading volume of Torum has changed by -2.24% ($ -3,481.90 BMD) in the last 24 hours. Last trading day, XTM's trading volume was $ 155,740.88.
Market cap
$2.94M
24h volume
$152.26K
Circulating supply
194.10M XTM
Conversion tables
The exchange rate of Torum is decreasing.1 XTM is currently valued at $ 0.01515 BMD , which means buying 5 XTM will cost $ 0.07576 BMD . Similarly, $1 BMD can be traded for 66 XTM, and $50 BMD can be converted to 3,299.78 XTM, excluding any platform or gas fees.
The exchange rate of 1 XTM to Bermudan Dollar has changed by -19.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.20%, reaching a high of 0.01548 BMD and a low of 0.01459 BMD . One month ago, the value of 1 XTM was $ 0.02354 BMD , which represents a -35.63% change from its current value. Over the last year, Torum has changed by , resulting in a change of -37.34% in its value.
-$
0.009032BMDXTM to BMD
Amount
00:54 am today
0.5 XTM
$0.007576
1 XTM
$0.01515
5 XTM
$0.07576
10 XTM
$0.1515
50 XTM
$0.7576
100 XTM
$1.52
500 XTM
$7.58
1000 XTM
$15.15
BMD to XTM
Amount00:54 am today
0.5BMD33 XTM
1BMD66 XTM
5BMD329.98 XTM
10BMD659.96 XTM
50BMD3,299.78 XTM
100BMD6,599.56 XTM
500BMD32,997.78 XTM
1000BMD65,995.57 XTM
Today vs. 24 hours ago
| Amount | 00:54 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 XTM | $0.007576 | $0.007341 | +3.20% |
| 1 XTM | $0.01515 | $0.01468 | +3.20% |
| 5 XTM | $0.07576 | $0.07341 | +3.20% |
| 10 XTM | $0.1515 | $0.1468 | +3.20% |
| 50 XTM | $0.7576 | $0.7341 | +3.20% |
| 100 XTM | $1.52 | $1.47 | +3.20% |
| 500 XTM | $7.58 | $7.34 | +3.20% |
| 1000 XTM | $15.15 | $14.68 | +3.20% |
Today vs. 1 month ago
| Amount | 00:54 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 XTM | $0.007576 | $0.01177 | -35.63% |
| 1 XTM | $0.01515 | $0.02354 | -35.63% |
| 5 XTM | $0.07576 | $0.1177 | -35.63% |
| 10 XTM | $0.1515 | $0.2354 | -35.63% |
| 50 XTM | $0.7576 | $1.18 | -35.63% |
| 100 XTM | $1.52 | $2.35 | -35.63% |
| 500 XTM | $7.58 | $11.77 | -35.63% |
| 1000 XTM | $15.15 | $23.54 | -35.63% |
Today vs. 1 year ago
| Amount | 00:54 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 XTM | $0.007576 | $0.01209 | -37.34% |
| 1 XTM | $0.01515 | $0.02418 | -37.34% |
| 5 XTM | $0.07576 | $0.1209 | -37.34% |
| 10 XTM | $0.1515 | $0.2418 | -37.34% |
| 50 XTM | $0.7576 | $1.21 | -37.34% |
| 100 XTM | $1.52 | $2.42 | -37.34% |
| 500 XTM | $7.58 | $12.09 | -37.34% |
| 1000 XTM | $15.15 | $24.18 | -37.34% |
Torum price prediction
What will the price of XTM be in 2025?
Based on XTM's historical price performance prediction model, the price of XTM is projected to reach $0.02885 in 2025.
What will the price of XTM be in 2030?
In 2030, the XTM price is expected to change by +9.00%. By the end of 2030, the XTM price is projected to reach $0.04721, with a cumulative ROI of +228.70%.
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Popular Torum conversions
Check out these popular currency conversions of Torum to several fiat currencies.
Torum to USD
1 XTM to $ 0.01515 USD
Torum to GBP
1 XTM to £ 0.01203 GBP
Torum to EUR
1 XTM to € 0.01446 EUR
Torum to KRW
1 XTM to ₩ 21.28 KRW
Torum to CAD
1 XTM to $ 0.02114 CAD
Torum to AUD
1 XTM to $ 0.02318 AUD
Torum to JPY
1 XTM to ¥ 2.34 JPY
Torum to BRL
1 XTM to R$ 0.08789 BRL
Torum to CNY
1 XTM to ¥ 0.1102 CNY
Torum to TWD
1 XTM to NT$ 0.4937 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in Torum.
Bitcoin to BMD
1 BTC to $ 97,985.55 BMD
MAD to BMD
1 MAD to $ 0.{4}3916 BMD
XRP to BMD
1 XRP to $ 1.41 BMD
Stellar to BMD
1 XLM to $ 0.5225 BMD
Kusama to BMD
1 KSM to $ 39.87 BMD
Dogecoin to BMD
1 DOGE to $ 0.4234 BMD
Hedera to BMD
1 HBAR to $ 0.1420 BMD
Cardano to BMD
1 ADA to $ 1.01 BMD
Polkadot to BMD
1 DOT to $ 8.64 BMD
Solana to BMD
1 SOL to $ 251.42 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 Torum 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 Torum 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 Torum 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.
