BP to BMD Converter and calculator

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BP to BMD conversion data: Volatility and price changes of Baby Phartom in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.01812 BMD | -- BMD | -- BMD | -- BMD |
Low | 0.{4}4333 BMD | -- BMD | -- BMD | -- BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | -0.93% | -- | -- | -- |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Baby Phartom information
BP to BMD market statistics
Current BP to BMD exchange rate
Baby Phartom to Bermudan Dollar is falling this week.More info about Baby Phartom 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.
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BP to BMD Conversion tables
Amount | 21:52 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BP | $0.{4}2189 | $-- | -0.93% |
1 BP | $0.{4}4378 | $-- | -0.93% |
5 BP | $0.0002189 | $-- | -0.93% |
10 BP | $0.0004378 | $-- | -0.93% |
50 BP | $0.002189 | $-- | -0.93% |
100 BP | $0.004378 | $-- | -0.93% |
500 BP | $0.02189 | $-- | -0.93% |
1000 BP | $0.04378 | $-- | -0.93% |
BP to BMD FAQ
What factors influence the conversion rate of BP to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Baby Phartom in the US is $0.{4}4378 USD. Additionally, Baby Phartom’s price is €0.{4}3710 EUR in the eurozone, £0.{4}3239 GBP in the UK, C$0.{4}6050 CAD in Canada, ₹0.003865 INR in India, ₨0.01242 PKR in Pakistan, R$0.0002337 BRL in Brazil, and more.
The most popular Baby Phartom currency pair is the BP to Bermudan Dollar(BMD). The price of 1 Baby Phartom (BP) in Bermudan Dollar (BMD) is $0.{4}4378.
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