MEL
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 MELX(MEL) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 MEL at a value of 1 MEL for 0.00 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 MELX currency pair is the MEL to BMD, with for MELX's currency code being MEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
MEL to BMD conversion rate trend
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In the past 1D, MELX has changed -0.02% to BMD. Based on the trend and price charts, MELX(MEL) has changed -0.02% to BMD while Bermudan Dollar(BMD) has changed % to MEL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.001089 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 00:31:47(UTC+0)
How to buy MELX
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 MELX (MEL)
Use a variety of payment options to buy MELX on Bitget. We'll show you how.
Buy MEL (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of MEL with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy MEL 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 MEL (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of MEL to BMD. However, you can first exchange MEL 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 MELX to Bermudan Dollar?
MELX to Bermudan Dollar is rising this week.MELX's current market price is $ 0.001089 per MEL, with a total market cap of $ 22,097.7 BMD based on a circulating supply of 20,300,314 MEL. The trading volume of MELX has changed by 0.00% ($ 0 BMD) in the last 24 hours. Last trading day, MEL's trading volume was $ 0.
Market cap
$22.10K
24h volume
$0
Circulating supply
20.30M MEL
Conversion tables
The exchange rate of MELX is increasing.1 MEL is currently valued at $ 0.001089 BMD , which means buying 5 MEL will cost $ 0.005443 BMD . Similarly, $1 BMD can be traded for 918.66 MEL, and $50 BMD can be converted to 45,933.08 MEL, excluding any platform or gas fees.
The exchange rate of 1 MEL to Bermudan Dollar has changed by +0.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 0.001091 BMD and a low of 0.001088 BMD . One month ago, the value of 1 MEL was $ 0.001087 BMD , which represents a +0.16% change from its current value. Over the last year, MELX has changed by , resulting in a change of +0.02% in its value.
+$
0.{7}3483BMDMEL to BMD
Amount
07:04 am today
0.5 MEL
$0.0005443
1 MEL
$0.001089
5 MEL
$0.005443
10 MEL
$0.01089
50 MEL
$0.05443
100 MEL
$0.1089
500 MEL
$0.5443
1000 MEL
$1.09
BMD to MEL
Amount07:04 am today
0.5BMD459.33 MEL
1BMD918.66 MEL
5BMD4,593.31 MEL
10BMD9,186.62 MEL
50BMD45,933.08 MEL
100BMD91,866.17 MEL
500BMD459,330.85 MEL
1000BMD918,661.69 MEL
Today vs. 24 hours ago
| Amount | 07:04 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MEL | $0.0005443 | $0.0005444 | -0.02% |
| 1 MEL | $0.001089 | $0.001089 | -0.02% |
| 5 MEL | $0.005443 | $0.005444 | -0.02% |
| 10 MEL | $0.01089 | $0.01089 | -0.02% |
| 50 MEL | $0.05443 | $0.05444 | -0.02% |
| 100 MEL | $0.1089 | $0.1089 | -0.02% |
| 500 MEL | $0.5443 | $0.5444 | -0.02% |
| 1000 MEL | $1.09 | $1.09 | -0.02% |
Today vs. 1 month ago
| Amount | 07:04 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MEL | $0.0005443 | $0.0005434 | +0.16% |
| 1 MEL | $0.001089 | $0.001087 | +0.16% |
| 5 MEL | $0.005443 | $0.005434 | +0.16% |
| 10 MEL | $0.01089 | $0.01087 | +0.16% |
| 50 MEL | $0.05443 | $0.05434 | +0.16% |
| 100 MEL | $0.1089 | $0.1087 | +0.16% |
| 500 MEL | $0.5443 | $0.5434 | +0.16% |
| 1000 MEL | $1.09 | $1.09 | +0.16% |
Today vs. 1 year ago
| Amount | 07:04 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MEL | $0.0005443 | $0.0005442 | +0.02% |
| 1 MEL | $0.001089 | $0.001088 | +0.02% |
| 5 MEL | $0.005443 | $0.005442 | +0.02% |
| 10 MEL | $0.01089 | $0.01088 | +0.02% |
| 50 MEL | $0.05443 | $0.05442 | +0.02% |
| 100 MEL | $0.1089 | $0.1088 | +0.02% |
| 500 MEL | $0.5443 | $0.5442 | +0.02% |
| 1000 MEL | $1.09 | $1.09 | +0.02% |
MELX price prediction
What will the price of MEL be in 2025?
Based on MEL's historical price performance prediction model, the price of MEL is projected to reach $0.001521 in 2025.
What will the price of MEL be in 2030?
In 2030, the MEL price is expected to change by -12.00%. By the end of 2030, the MEL price is projected to reach $0.002568, with a cumulative ROI of +135.78%.
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Popular MELX conversions
Check out these popular currency conversions of MELX to several fiat currencies.
MELX to USD
1 MEL to $ 0.001089 USD
MELX to GBP
1 MEL to £ 0.0008687 GBP
MELX to EUR
1 MEL to € 0.001045 EUR
MELX to KRW
1 MEL to ₩ 1.53 KRW
MELX to CAD
1 MEL to $ 0.001527 CAD
MELX to AUD
1 MEL to $ 0.001674 AUD
MELX to JPY
1 MEL to ¥ 0.1685 JPY
MELX to BRL
1 MEL to R$ 0.006315 BRL
MELX to CNY
1 MEL to ¥ 0.007895 CNY
MELX to TWD
1 MEL to NT$ 0.03547 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in MELX.
Bitcoin to BMD
1 BTC to $ 98,462.61 BMD
MAD to BMD
1 MAD to $ 0.{4}2958 BMD
XRP to BMD
1 XRP to $ 1.46 BMD
Stellar to BMD
1 XLM to $ 0.5671 BMD
Kusama to BMD
1 KSM to $ 46.02 BMD
Dogecoin to BMD
1 DOGE to $ 0.4386 BMD
Hedera to BMD
1 HBAR to $ 0.1502 BMD
Cardano to BMD
1 ADA to $ 1.06 BMD
Polkadot to BMD
1 DOT to $ 8.93 BMD
Solana to BMD
1 SOL to $ 256.48 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 MELX 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 MELX 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 MELX 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.
