BNX
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 BinaryX(BNX) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 BNX at a value of 1 BNX for 0.58 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 BinaryX currency pair is the BNX to BMD, with for BinaryX's currency code being BNX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
BNX to BMD conversion rate trend
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In the past 1D, BinaryX has changed +8.82% to BMD. Based on the trend and price charts, BinaryX(BNX) has changed +8.82% to BMD while Bermudan Dollar(BMD) has changed % to BNX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.5859 | 0.0200% / 0.0320%  VIP 7 | |
Binance | $0.5871 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.5851 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/24 08:00:14(UTC+0)
How to buy BinaryX
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 BinaryX (BNX)
Use a variety of payment options to buy BinaryX on Bitget. We'll show you how.
Learn MoreBuy BNX (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of BNX with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy BNX 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 BNX (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of BNX to BMD. However, you can first exchange BNX 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 BinaryX to Bermudan Dollar?
BinaryX to Bermudan Dollar is rising this week.BinaryX's current market price is $ 0.5774 per BNX, with a total market cap of $ 213,608,717.5 BMD based on a circulating supply of 369,978,200 BNX. The trading volume of BinaryX has changed by +58.53% ($ 17,154,490.48 BMD) in the last 24 hours. Last trading day, BNX's trading volume was $ 29,310,988.46.
Market cap
$213.61M
24h volume
$46.47M
Circulating supply
369.98M BNX
Conversion tables
The exchange rate of BinaryX is decreasing.1 BNX is currently valued at $ 0.5774 BMD , which means buying 5 BNX will cost $ 2.89 BMD . Similarly, $1 BMD can be traded for 1.73 BNX, and $50 BMD can be converted to 86.6 BNX, excluding any platform or gas fees.
The exchange rate of 1 BNX to Bermudan Dollar has changed by +4.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.82%, reaching a high of 0.5980 BMD and a low of 0.5219 BMD . One month ago, the value of 1 BNX was $ 0.7003 BMD , which represents a -17.54% change from its current value. Over the last year, BinaryX has changed by , resulting in a change of +87.23% in its value.
+$
0.2693BMDBNX to BMD
Amount
09:48 am today
0.5 BNX
$0.2887
1 BNX
$0.5774
5 BNX
$2.89
10 BNX
$5.77
50 BNX
$28.87
100 BNX
$57.74
500 BNX
$288.68
1000 BNX
$577.35
BMD to BNX
Amount09:48 am today
0.5BMD0.8660 BNX
1BMD1.73 BNX
5BMD8.66 BNX
10BMD17.32 BNX
50BMD86.6 BNX
100BMD173.2 BNX
500BMD866.02 BNX
1000BMD1,732.04 BNX
Today vs. 24 hours ago
| Amount | 09:48 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BNX | $0.2887 | $0.2653 | +8.82% |
| 1 BNX | $0.5774 | $0.5305 | +8.82% |
| 5 BNX | $2.89 | $2.65 | +8.82% |
| 10 BNX | $5.77 | $5.31 | +8.82% |
| 50 BNX | $28.87 | $26.53 | +8.82% |
| 100 BNX | $57.74 | $53.05 | +8.82% |
| 500 BNX | $288.68 | $265.26 | +8.82% |
| 1000 BNX | $577.35 | $530.52 | +8.82% |
Today vs. 1 month ago
| Amount | 09:48 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BNX | $0.2887 | $0.3501 | -17.54% |
| 1 BNX | $0.5774 | $0.7003 | -17.54% |
| 5 BNX | $2.89 | $3.5 | -17.54% |
| 10 BNX | $5.77 | $7 | -17.54% |
| 50 BNX | $28.87 | $35.01 | -17.54% |
| 100 BNX | $57.74 | $70.03 | -17.54% |
| 500 BNX | $288.68 | $350.15 | -17.54% |
| 1000 BNX | $577.35 | $700.29 | -17.54% |
Today vs. 1 year ago
| Amount | 09:48 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BNX | $0.2887 | $0.1540 | +87.23% |
| 1 BNX | $0.5774 | $0.3081 | +87.23% |
| 5 BNX | $2.89 | $1.54 | +87.23% |
| 10 BNX | $5.77 | $3.08 | +87.23% |
| 50 BNX | $28.87 | $15.4 | +87.23% |
| 100 BNX | $57.74 | $30.81 | +87.23% |
| 500 BNX | $288.68 | $154.04 | +87.23% |
| 1000 BNX | $577.35 | $308.08 | +87.23% |
BinaryX price prediction
What will the price of BNX be in 2025?
Based on BNX's historical price performance prediction model, the price of BNX is projected to reach $0.7409 in 2025.
What will the price of BNX be in 2030?
In 2030, the BNX price is expected to change by +10.00%. By the end of 2030, the BNX price is projected to reach $1.55, with a cumulative ROI of +185.98%.
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Popular BinaryX conversions
Check out these popular currency conversions of BinaryX to several fiat currencies.
BinaryX to USD
1 BNX to $ 0.5774 USD
BinaryX to GBP
1 BNX to £ 0.4607 GBP
BinaryX to EUR
1 BNX to € 0.5541 EUR
BinaryX to KRW
1 BNX to ₩ 810.9 KRW
BinaryX to CAD
1 BNX to $ 0.8101 CAD
BinaryX to AUD
1 BNX to $ 0.8878 AUD
BinaryX to JPY
1 BNX to ¥ 89.36 JPY
BinaryX to BRL
1 BNX to R$ 3.35 BRL
BinaryX to CNY
1 BNX to ¥ 4.19 CNY
BinaryX to TWD
1 BNX to NT$ 18.81 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in BinaryX.
Bitcoin to BMD
1 BTC to $ 98,012.21 BMD
MAD to BMD
1 MAD to $ 0.{4}2463 BMD
XRP to BMD
1 XRP to $ 1.44 BMD
Stellar to BMD
1 XLM to $ 0.5665 BMD
Kusama to BMD
1 KSM to $ 42.03 BMD
Dogecoin to BMD
1 DOGE to $ 0.4295 BMD
Hedera to BMD
1 HBAR to $ 0.1501 BMD
Cardano to BMD
1 ADA to $ 1.05 BMD
Polkadot to BMD
1 DOT to $ 8.86 BMD
Solana to BMD
1 SOL to $ 253.68 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 BinaryX 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 BinaryX 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 BinaryX 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.
