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PhoenixDAO to Bermudan Dollar Converter and calculator

Convert 1PhoenixDAO (PHNX) to Bermudan Dollar (BMD) equals $ 0.001416 | Bitget
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Last updated 2025/01/30 21:30:47 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of PhoenixDAO(PHNX) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 PHNX at a value of 1 PHNX 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.

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Bitget crypto-to-fiat exchange data shows that the most popular PhoenixDAO currency pair is the PHNX to BMD, with for PhoenixDAO's currency code being PHNX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.

PHNX to BMD conversion rate trend

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Live PhoenixDAO (PHNX) price chart
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In the past 1D, PhoenixDAO has changed +0.99% to BMD. Based on the trend and price charts, PhoenixDAO(PHNX) has changed +0.99% to BMD while Bermudan Dollar(BMD) has changed -0.98% to PHNX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$0.001429
0.0200% / 0.0320%vip-iconVIP 7
KuCoin
$0.{4}1500
0.1000% / 0.1000%
Yes
Last updated 2024/03/08 01:00:30(UTC+0)

How to buy PhoenixDAO

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Buy PhoenixDAO (PHNX)
Use a variety of payment options to buy PhoenixDAO on Bitget. We'll show you how.

Buy PHNX (or USDT) for BMD (Bermudan Dollar) offers

Bitget P2P trading does not currently support direct buying of PHNX with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy PHNX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
K
KB.BALOCH.HONEST
9 tradesCompletion rate 75.00%
3.69 AED
Amount460 USDT
Limit1000 - 1697.4 AED
Bank TransferEmirates NBDADCB Abu Dhabi Commercial BankADIB Abu Dhabi Islamic BankAL MASHREQ BankEmirates Islamic BankPayby
Buy
F
FAST_SERVICEGolden merchant
295 tradesCompletion rate 96.00%
3.68 AED
Amount300 USDT
Limit30 - 996 AED
Payby
Buy
U
Umar384Golden merchant
16 tradesCompletion rate 100.00%
3.68 AED
Amount113.34 USDT
Limit90 - 710.24 AED
Etisalat Wallet
Buy
P
Pinoy-Xchange
66 tradesCompletion rate 94.00%
3.67 AED
Amount260 USDT
Limit17.75 - 951.6 AED
PaybyEtisalat Wallet
Buy
B
BlueAxis Crypto UAE
33 tradesCompletion rate 94.00%
3.67 AED
Amount50000 USDT
Limit3000 - 100000 AED
Bank TransferEmirates NBDADIB Abu Dhabi Islamic BankAL MASHREQ BankEmirates Islamic Bank
Buy

Sell PHNX (or USDT) for BMD (Bermudan Dollar) offers

Bitget P2P trading currently does not support direct selling of PHNX to BMD. However, you can first exchange PHNX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
K
KB.BALOCH.HONEST
9 tradesCompletion rate 75.00%
3.69 AED
Amount460 USDT
Limit1000 - 1697.4 AED
Bank TransferEmirates NBDADCB Abu Dhabi Commercial BankADIB Abu Dhabi Islamic BankAL MASHREQ BankEmirates Islamic BankPayby
Sell
F
FAST_SERVICEGolden merchant
295 tradesCompletion rate 96.00%
3.68 AED
Amount300 USDT
Limit30 - 996 AED
Payby
Sell
U
Umar384Golden merchant
16 tradesCompletion rate 100.00%
3.68 AED
Amount113.34 USDT
Limit90 - 710.24 AED
Etisalat Wallet
Sell
P
Pinoy-Xchange
66 tradesCompletion rate 94.00%
3.67 AED
Amount260 USDT
Limit17.75 - 951.6 AED
PaybyEtisalat Wallet
Sell
B
BlueAxis Crypto UAE
33 tradesCompletion rate 94.00%
3.67 AED
Amount50000 USDT
Limit3000 - 100000 AED
Bank TransferEmirates NBDADIB Abu Dhabi Islamic BankAL MASHREQ BankEmirates Islamic Bank
Sell

What factors influence the conversion rate of PhoenixDAO to Bermudan Dollar?

PhoenixDAO to Bermudan Dollar is rising this week.
PhoenixDAO's current market price is $ 0.001416 per PHNX, with a total market cap of $ 123,209.06 BMD based on a circulating supply of 87,000,000 PHNX. The trading volume of PhoenixDAO has changed by +0.82% ($ 0.08588 BMD) in the last 24 hours. Last trading day, PHNX's trading volume was $ 10.43.
Market cap
$123.21K
24h volume
$10.51867919
Circulating supply
87.00M PHNX
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Conversion tables

The exchange rate of PhoenixDAO is increasing.
1 PHNX is currently valued at $ 0.001416 BMD , which means buying 5 PHNX will cost $ 0.007081 BMD . Similarly, $1 BMD can be traded for 706.12 PHNX, and $50 BMD can be converted to 35,305.85 PHNX, excluding any platform or gas fees.
The exchange rate of 1 PHNX to Bermudan Dollar has changed by +830.51% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.99%, reaching a high of 0.001430 BMD and a low of 0.001395 BMD . One month ago, the value of 1 PHNX was $ 0.0007370 BMD , which represents a +91.82% change from its current value. Over the last year, PhoenixDAO has changed by
-$
0.001158BMD
, resulting in a change of -44.93% in its value.

PHNX to BMD

Amount
21:30 today
0.5 PHNX
$0.0007081
1 PHNX
$0.001416
5 PHNX
$0.007081
10 PHNX
$0.01416
50 PHNX
$0.07081
100 PHNX
$0.1416
500 PHNX
$0.7081
1000 PHNX
$1.42

BMD to PHNX

Amount21:30 today
0.5BMD353.06  PHNX
1BMD706.12  PHNX
5BMD3,530.58  PHNX
10BMD7,061.17  PHNX
50BMD35,305.85  PHNX
100BMD70,611.69  PHNX
500BMD353,058.45  PHNX
1000BMD706,116.9  PHNX

Today vs. 24 hours ago

Amount21:30 today24 hours ago24h change
0.5 PHNX$0.0007081$0.0007011
+0.99%
1 PHNX$0.001416$0.001402
+0.99%
5 PHNX$0.007081$0.007011
+0.99%
10 PHNX$0.01416$0.01402
+0.99%
50 PHNX$0.07081$0.07011
+0.99%
100 PHNX$0.1416$0.1402
+0.99%
500 PHNX$0.7081$0.7011
+0.99%
1000 PHNX$1.42$1.4
+0.99%

Today vs. 1 month ago

Amount21:30 today1 month ago1M change
0.5 PHNX$0.0007081$0.0003685
+91.82%
1 PHNX$0.001416$0.0007370
+91.82%
5 PHNX$0.007081$0.003685
+91.82%
10 PHNX$0.01416$0.007370
+91.82%
50 PHNX$0.07081$0.03685
+91.82%
100 PHNX$0.1416$0.07370
+91.82%
500 PHNX$0.7081$0.3685
+91.82%
1000 PHNX$1.42$0.7370
+91.82%

Today vs. 1 year ago

Amount21:30 today1 year ago1Y change
0.5 PHNX$0.0007081$0.001287
-44.93%
1 PHNX$0.001416$0.002574
-44.93%
5 PHNX$0.007081$0.01287
-44.93%
10 PHNX$0.01416$0.02574
-44.93%
50 PHNX$0.07081$0.1287
-44.93%
100 PHNX$0.1416$0.2574
-44.93%
500 PHNX$0.7081$1.29
-44.93%
1000 PHNX$1.42$2.57
-44.93%
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PhoenixDAO price prediction

What will the price of PHNX be in 2026?

Based on PHNX's historical price performance prediction model, the price of PHNX is projected to reach $0.001267 in 2026.

What will the price of PHNX be in 2031?

In 2031, the PHNX price is expected to change by +38.00%. By the end of 2031, the PHNX price is projected to reach $0.003139, with a cumulative ROI of +120.81%.
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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.