SOLCEX to BMD Converter and calculator


Conversion rates
Convert SOLCEX to BMD
Convert BMD to SOLCEX
SOLCEX to BMD chart
SOLCEX to BMD conversion data: Volatility and price changes of SolCex in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.003713 BMD | 0.004733 BMD | 0.007293 BMD | 0.01083 BMD |
Low | 0.003452 BMD | 0.003419 BMD | 0.003419 BMD | 0.002485 BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | -3.22% | -19.09% | -52.79% | +3.59% |
SolCex information
SOLCEX to BMD market statistics
Current SOLCEX to BMD exchange rate
SolCex to Bermudan Dollar is falling this week.More info about SolCex 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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SOLCEX to BMD Conversion tables
Amount | 18:58 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SOLCEX | $0.001725 | $0.001783 | -3.22% |
1 SOLCEX | $0.003451 | $0.003566 | -3.22% |
5 SOLCEX | $0.01725 | $0.01783 | -3.22% |
10 SOLCEX | $0.03451 | $0.03566 | -3.22% |
50 SOLCEX | $0.1725 | $0.1783 | -3.22% |
100 SOLCEX | $0.3451 | $0.3566 | -3.22% |
500 SOLCEX | $1.73 | $1.78 | -3.22% |
1000 SOLCEX | $3.45 | $3.57 | -3.22% |
SOLCEX to BMD FAQ
What factors influence the conversion rate of SOLCEX to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of SolCex in the US is $0.003451 USD. Additionally, SolCex’s price is €0.002994 EUR in the eurozone, £0.002564 GBP in the UK, C$0.004739 CAD in Canada, ₹0.2988 INR in India, ₨0.9797 PKR in Pakistan, R$0.01902 BRL in Brazil, and more.
The most popular SolCex currency pair is the SOLCEX to Bermudan Dollar(BMD). The price of 1 SolCex (SOLCEX) in Bermudan Dollar (BMD) is $0.003451.
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