VMT to BMD Converter and calculator


Conversion rates
Convert VMT to BMD
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VMT to BMD chart
VMT to BMD conversion data: Volatility and price changes of Vemate in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.003147 BMD | 0.003208 BMD | 0.003232 BMD | 0.004666 BMD |
Low | 0.002931 BMD | 0.002931 BMD | 0.002658 BMD | 0.002658 BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | -6.86% | -6.75% | -3.58% | -32.19% |
Vemate information
VMT to BMD market statistics
Current VMT to BMD exchange rate
Vemate to Bermudan Dollar is falling this week.More info about Vemate 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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VMT to BMD Conversion tables
Amount | 16:23 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 VMT | $0.001396 | $0.001504 | -6.86% |
1 VMT | $0.002793 | $0.003009 | -6.86% |
5 VMT | $0.01396 | $0.01504 | -6.86% |
10 VMT | $0.02793 | $0.03009 | -6.86% |
50 VMT | $0.1396 | $0.1504 | -6.86% |
100 VMT | $0.2793 | $0.3009 | -6.86% |
500 VMT | $1.4 | $1.5 | -6.86% |
1000 VMT | $2.79 | $3.01 | -6.86% |
VMT to BMD FAQ
What factors influence the conversion rate of VMT to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Vemate in the US is $0.002793 USD. Additionally, Vemate’s price is €0.002402 EUR in the eurozone, £0.002050 GBP in the UK, C$0.003826 CAD in Canada, ₹0.2401 INR in India, ₨0.7953 PKR in Pakistan, R$0.01533 BRL in Brazil, and more.
The most popular Vemate currency pair is the VMT to Bermudan Dollar(BMD). The price of 1 Vemate (VMT) in Bermudan Dollar (BMD) is $0.002793.
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