TAIX to BMD Converter and calculator


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Convert TAIX to BMD
Convert BMD to TAIX
TAIX to BMD chart
TAIX to BMD conversion data: Volatility and price changes of TAIX in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0001521 BMD | 0.0003230 BMD | 0.0003230 BMD | 0.0003230 BMD |
Low | 0.0001102 BMD | 0.0001053 BMD | 0.0001053 BMD | 0.0001053 BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | +6.34% | -3.80% | -15.65% | -16.39% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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TAIX information
TAIX to BMD market statistics
Current TAIX to BMD exchange rate
TAIX to Bermudan Dollar is rising this week.More info about TAIX 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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TAIX to BMD Conversion tables
Amount | 11:29 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 TAIX | $0.{4}5974 | $0.{4}5618 | +6.34% |
1 TAIX | $0.0001195 | $0.0001124 | +6.34% |
5 TAIX | $0.0005974 | $0.0005618 | +6.34% |
10 TAIX | $0.001195 | $0.001124 | +6.34% |
50 TAIX | $0.005974 | $0.005618 | +6.34% |
100 TAIX | $0.01195 | $0.01124 | +6.34% |
500 TAIX | $0.05974 | $0.05618 | +6.34% |
1000 TAIX | $0.1195 | $0.1124 | +6.34% |
TAIX to BMD FAQ
What factors influence the conversion rate of TAIX to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of TAIX in the US is $0.0001195 USD. Additionally, TAIX’s price is €0.0001020 EUR in the eurozone, £0.{4}8844 GBP in the UK, C$0.0001653 CAD in Canada, ₹0.01054 INR in India, ₨0.03382 PKR in Pakistan, R$0.0006469 BRL in Brazil, and more.
The most popular TAIX currency pair is the TAIX to Bermudan Dollar(BMD). The price of 1 TAIX (TAIX) in Bermudan Dollar (BMD) is $0.0001195.
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