FRM
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 Ferrum Network(FRM) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 FRM at a value of 1 FRM 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 Ferrum Network currency pair is the FRM to BMD, with for Ferrum Network's currency code being FRM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
FRM to BMD conversion rate trend
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In the past 1D, Ferrum Network has changed -2.04% to BMD. Based on the trend and price charts, Ferrum Network(FRM) has changed -2.04% to BMD while Bermudan Dollar(BMD) has changed % to FRM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.01329 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.01337 | 0.1000% / 0.1000% | Yes |
KuCoin | $0.01342 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/04 08:00:19(UTC+0)
How to buy Ferrum Network
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 Ferrum Network (FRM)
Use a variety of payment options to buy Ferrum Network on Bitget. We'll show you how.
Buy FRM (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of FRM with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy FRM with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell FRM (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of FRM to BMD. However, you can first exchange FRM 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Ferrum Network to Bermudan Dollar?
Ferrum Network to Bermudan Dollar is falling this week.Ferrum Network's current market price is $ 0.01321 per FRM, with a total market cap of $ 3,560,184.81 BMD based on a circulating supply of 269,480,500 FRM. The trading volume of Ferrum Network has changed by -5.74% ($ -26,030.36 BMD) in the last 24 hours. Last trading day, FRM's trading volume was $ 453,411.54.
Market cap
$3.56M
24h volume
$427.38K
Circulating supply
269.48M FRM
Conversion tables
The exchange rate of Ferrum Network is decreasing.1 FRM is currently valued at $ 0.01321 BMD , which means buying 5 FRM will cost $ 0.06606 BMD . Similarly, $1 BMD can be traded for 75.69 FRM, and $50 BMD can be converted to 3,784.64 FRM, excluding any platform or gas fees.
The exchange rate of 1 FRM to Bermudan Dollar has changed by -7.78% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.04%, reaching a high of 0.01349 BMD and a low of 0.01317 BMD . One month ago, the value of 1 FRM was $ 0.01737 BMD , which represents a -23.95% change from its current value. Over the last year, Ferrum Network has changed by , resulting in a change of -60.76% in its value.
-$
0.02044BMDFRM to BMD
Amount
13:40 today
0.5 FRM
$0.006606
1 FRM
$0.01321
5 FRM
$0.06606
10 FRM
$0.1321
50 FRM
$0.6606
100 FRM
$1.32
500 FRM
$6.61
1000 FRM
$13.21
BMD to FRM
Amount13:40 today
0.5BMD37.85 FRM
1BMD75.69 FRM
5BMD378.46 FRM
10BMD756.93 FRM
50BMD3,784.64 FRM
100BMD7,569.28 FRM
500BMD37,846.42 FRM
1000BMD75,692.84 FRM
Today vs. 24 hours ago
| Amount | 13:40 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRM | $0.006606 | $0.006743 | -2.04% |
| 1 FRM | $0.01321 | $0.01349 | -2.04% |
| 5 FRM | $0.06606 | $0.06743 | -2.04% |
| 10 FRM | $0.1321 | $0.1349 | -2.04% |
| 50 FRM | $0.6606 | $0.6743 | -2.04% |
| 100 FRM | $1.32 | $1.35 | -2.04% |
| 500 FRM | $6.61 | $6.74 | -2.04% |
| 1000 FRM | $13.21 | $13.49 | -2.04% |
Today vs. 1 month ago
| Amount | 13:40 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRM | $0.006606 | $0.008684 | -23.95% |
| 1 FRM | $0.01321 | $0.01737 | -23.95% |
| 5 FRM | $0.06606 | $0.08684 | -23.95% |
| 10 FRM | $0.1321 | $0.1737 | -23.95% |
| 50 FRM | $0.6606 | $0.8684 | -23.95% |
| 100 FRM | $1.32 | $1.74 | -23.95% |
| 500 FRM | $6.61 | $8.68 | -23.95% |
| 1000 FRM | $13.21 | $17.37 | -23.95% |
Today vs. 1 year ago
| Amount | 13:40 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRM | $0.006606 | $0.01682 | -60.76% |
| 1 FRM | $0.01321 | $0.03365 | -60.76% |
| 5 FRM | $0.06606 | $0.1682 | -60.76% |
| 10 FRM | $0.1321 | $0.3365 | -60.76% |
| 50 FRM | $0.6606 | $1.68 | -60.76% |
| 100 FRM | $1.32 | $3.36 | -60.76% |
| 500 FRM | $6.61 | $16.82 | -60.76% |
| 1000 FRM | $13.21 | $33.65 | -60.76% |
Ferrum Network price prediction
What will the price of FRM be in 2025?
Based on FRM's historical price performance prediction model, the price of FRM is projected to reach $0.02605 in 2025.
What will the price of FRM be in 2030?
In 2030, the FRM price is expected to change by 0.00%. By the end of 2030, the FRM price is projected to reach $0.03302, with a cumulative ROI of +145.89%.
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Popular Ferrum Network conversions
Check out these popular currency conversions of Ferrum Network to several fiat currencies.
Ferrum Network to USD
1 FRM to $ 0.01321 USD
Ferrum Network to GBP
1 FRM to £ 0.01019 GBP
Ferrum Network to EUR
1 FRM to € 0.01212 EUR
Ferrum Network to KRW
1 FRM to ₩ 18.16 KRW
Ferrum Network to CAD
1 FRM to $ 0.01837 CAD
Ferrum Network to AUD
1 FRM to $ 0.02002 AUD
Ferrum Network to JPY
1 FRM to ¥ 2.01 JPY
Ferrum Network to BRL
1 FRM to R$ 0.07668 BRL
Ferrum Network to CNY
1 FRM to ¥ 0.09380 CNY
Ferrum Network to TWD
1 FRM to NT$ 0.4212 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in Ferrum Network.
Grass to BMD
1 GRASS to $ -- BMD
AI Companions to BMD
1 AIC to $ 0.08812 BMD
Bitcoin to BMD
1 BTC to $ 68,877.83 BMD
Solana to BMD
1 SOL to $ 164.11 BMD
Sui to BMD
1 SUI to $ 1.9 BMD
Ethereum to BMD
1 ETH to $ 2,468.66 BMD
Dogecoin to BMD
1 DOGE to $ 0.1581 BMD
Pepe to BMD
1 PEPE to $ 0.{5}8302 BMD
Goatseus Maximus to BMD
1 GOAT to $ 0.5223 BMD
DOGS to BMD
1 DOGS to $ -- 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 Ferrum Network 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 Ferrum Network 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 Ferrum Network 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.
