SGC to BMD Converter and calculator


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Convert SGC to BMD
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SGC to BMD chart
SGC to BMD conversion data: Volatility and price changes of SGC in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0005112 BMD | 0.0006871 BMD | 0.0006645 BMD | 0.007676 BMD |
Low | 0.0004676 BMD | 0.0004039 BMD | 0.0003907 BMD | 0.0003907 BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | -8.06% | +11.70% | -13.96% | -16.85% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Current SGC to BMD exchange rate
SGC to Bermudan Dollar is rising this week.More info about SGC 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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SGC to BMD Conversion tables
Amount | 14:07 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SGC | $0.0002341 | $0.0002546 | -8.06% |
1 SGC | $0.0004681 | $0.0005092 | -8.06% |
5 SGC | $0.002341 | $0.002546 | -8.06% |
10 SGC | $0.004681 | $0.005092 | -8.06% |
50 SGC | $0.02341 | $0.02546 | -8.06% |
100 SGC | $0.04681 | $0.05092 | -8.06% |
500 SGC | $0.2341 | $0.2546 | -8.06% |
1000 SGC | $0.4681 | $0.5092 | -8.06% |
SGC to BMD FAQ
What factors influence the conversion rate of SGC to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of SGC in the US is $0.0004681 USD. Additionally, SGC’s price is €0.0004010 EUR in the eurozone, £0.0003452 GBP in the UK, C$0.0006456 CAD in Canada, ₹0.04101 INR in India, ₨0.1329 PKR in Pakistan, R$0.002527 BRL in Brazil, and more.
The most popular SGC currency pair is the SGC to Bermudan Dollar(BMD). The price of 1 SGC (SGC) in Bermudan Dollar (BMD) is $0.0004681.
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