BASED
BMD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Based Finance(BASED) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 BASED at a value of 1 BASED for 0.01 BMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
BMD 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.
Bitget crypto-to-fiat exchange data shows that the most popular Based Finance currency pair is the BASED to BMD, with for Based Finance's currency code being BASED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
BASED to BMD conversion rate trend
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In the past 1D, Based Finance has changed -1.57% to BMD. Based on the trend and price charts, Based Finance(BASED) has changed -1.57% to BMD while Bermudan Dollar(BMD) has changed % to BASED in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.01010 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/29 08:34:08(UTC+0)
How to buy Based Finance
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Based Finance (BASED)
Use a variety of payment options to buy Based Finance on Bitget. We'll show you how.
Buy BASED (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of BASED with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy BASED with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell BASED (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of BASED to BMD. However, you can first exchange BASED for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Based Finance to Bermudan Dollar?
Based Finance to Bermudan Dollar is falling this week.Based Finance's current market price is $ 0.01028 per BASED, with a total market cap of $ 0 BMD based on a circulating supply of -- BASED. The trading volume of Based Finance has changed by +280.78% ($ 79.7 BMD) in the last 24 hours. Last trading day, BASED's trading volume was $ 28.38.
Market cap
$0
24h volume
$108.08465567
Circulating supply
0 BASED
Conversion tables
The exchange rate of Based Finance is decreasing.1 BASED is currently valued at $ 0.01028 BMD , which means buying 5 BASED will cost $ 0.05141 BMD . Similarly, $1 BMD can be traded for 97.25 BASED, and $50 BMD can be converted to 4,862.62 BASED, excluding any platform or gas fees.
The exchange rate of 1 BASED to Bermudan Dollar has changed by -13.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.57%, reaching a high of 0.01193 BMD and a low of 0.01149 BMD . One month ago, the value of 1 BASED was $ 0.02322 BMD , which represents a -52.96% change from its current value. Over the last year, Based Finance has changed by , resulting in a change of -81.28% in its value.
-$
0.04989BMDBASED to BMD
Amount
11:03 am today
0.5 BASED
$0.005141
1 BASED
$0.01028
5 BASED
$0.05141
10 BASED
$0.1028
50 BASED
$0.5141
100 BASED
$1.03
500 BASED
$5.14
1000 BASED
$10.28
BMD to BASED
Amount11:03 am today
0.5BMD48.63 BASED
1BMD97.25 BASED
5BMD486.26 BASED
10BMD972.52 BASED
50BMD4,862.62 BASED
100BMD9,725.24 BASED
500BMD48,626.18 BASED
1000BMD97,252.36 BASED
Today vs. 24 hours ago
| Amount | 11:03 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BASED | $0.005141 | $0.005233 | -1.57% |
| 1 BASED | $0.01028 | $0.01047 | -1.57% |
| 5 BASED | $0.05141 | $0.05233 | -1.57% |
| 10 BASED | $0.1028 | $0.1047 | -1.57% |
| 50 BASED | $0.5141 | $0.5233 | -1.57% |
| 100 BASED | $1.03 | $1.05 | -1.57% |
| 500 BASED | $5.14 | $5.23 | -1.57% |
| 1000 BASED | $10.28 | $10.47 | -1.57% |
Today vs. 1 month ago
| Amount | 11:03 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BASED | $0.005141 | $0.01161 | -52.96% |
| 1 BASED | $0.01028 | $0.02322 | -52.96% |
| 5 BASED | $0.05141 | $0.1161 | -52.96% |
| 10 BASED | $0.1028 | $0.2322 | -52.96% |
| 50 BASED | $0.5141 | $1.16 | -52.96% |
| 100 BASED | $1.03 | $2.32 | -52.96% |
| 500 BASED | $5.14 | $11.61 | -52.96% |
| 1000 BASED | $10.28 | $23.22 | -52.96% |
Today vs. 1 year ago
| Amount | 11:03 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BASED | $0.005141 | $0.03008 | -81.28% |
| 1 BASED | $0.01028 | $0.06017 | -81.28% |
| 5 BASED | $0.05141 | $0.3008 | -81.28% |
| 10 BASED | $0.1028 | $0.6017 | -81.28% |
| 50 BASED | $0.5141 | $3.01 | -81.28% |
| 100 BASED | $1.03 | $6.02 | -81.28% |
| 500 BASED | $5.14 | $30.08 | -81.28% |
| 1000 BASED | $10.28 | $60.17 | -81.28% |
Based Finance price prediction
What will the price of BASED be in 2025?
Based on BASED's historical price performance prediction model, the price of BASED is projected to reach $0.01919 in 2025.
What will the price of BASED be in 2030?
In 2030, the BASED price is expected to change by +2.00%. By the end of 2030, the BASED price is projected to reach $0.03306, with a cumulative ROI of +227.25%.
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Popular Based Finance conversions
Check out these popular currency conversions of Based Finance to several fiat currencies.
Based Finance to USD
1 BASED to $ 0.01028 USD
Based Finance to GBP
1 BASED to £ 0.008179 GBP
Based Finance to EUR
1 BASED to € 0.009860 EUR
Based Finance to KRW
1 BASED to ₩ 15.15 KRW
Based Finance to CAD
1 BASED to $ 0.01483 CAD
Based Finance to AUD
1 BASED to $ 0.01654 AUD
Based Finance to JPY
1 BASED to ¥ 1.62 JPY
Based Finance to BRL
1 BASED to R$ 0.06371 BRL
Based Finance to CNY
1 BASED to ¥ 0.07508 CNY
Based Finance to TWD
1 BASED to NT$ 0.3375 TWD
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1 HIVE to $ 0.4705 BMD
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1 STEEM to $ 0.3096 BMD
Theta Network to BMD
1 THETA to $ 2.41 BMD
aixbt by Virtuals to BMD
1 AIXBT to $ 0.4719 BMD
Onyxcoin to BMD
1 XCN to $ 0.002538 BMD
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1 BOND to $ 0.6693 BMD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Based Finance and BMD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Based Finance and BMD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Based Finance in BMD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
