DFYN to BMD Converter and calculator


Conversion rates
Convert DFYN to BMD
Convert BMD to DFYN
DFYN to BMD chart
DFYN to BMD conversion data: Volatility and price changes of Dfyn Network in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.003391 BMD | 0.003391 BMD | 0.003391 BMD | 0.003527 BMD |
Low | 0.003219 BMD | 0.002803 BMD | 0.002747 BMD | 0.002747 BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | +5.02% | +18.75% | +9.76% | -3.77% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Dfyn Network information
DFYN to BMD market statistics
Current DFYN to BMD exchange rate
Dfyn Network to Bermudan Dollar is rising this week.More info about Dfyn Network 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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DFYN to BMD Conversion tables
Amount | 22:16 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DFYN | $0.001690 | $0.001609 | +5.02% |
1 DFYN | $0.003379 | $0.003218 | +5.02% |
5 DFYN | $0.01690 | $0.01609 | +5.02% |
10 DFYN | $0.03379 | $0.03218 | +5.02% |
50 DFYN | $0.1690 | $0.1609 | +5.02% |
100 DFYN | $0.3379 | $0.3218 | +5.02% |
500 DFYN | $1.69 | $1.61 | +5.02% |
1000 DFYN | $3.38 | $3.22 | +5.02% |
DFYN to BMD FAQ
What factors influence the conversion rate of DFYN to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Dfyn Network in the US is $0.003379 USD. Additionally, Dfyn Network’s price is €0.002895 EUR in the eurozone, £0.002503 GBP in the UK, C$0.004654 CAD in Canada, ₹0.2960 INR in India, ₨0.9594 PKR in Pakistan, R$0.01825 BRL in Brazil, and more.
The most popular Dfyn Network currency pair is the DFYN to Bermudan Dollar(BMD). The price of 1 Dfyn Network (DFYN) in Bermudan Dollar (BMD) is $0.003379.
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