


MKD 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.
JOE to MKD conversion rate trend
JOE to MKD market statistics
More info about JOE on Bitget
Current JOE to MKD exchange rate
JOE to Bermudan Dollar is rising this week.JOE to MKD Conversion tables
The exchange rate of JOE is decreasing.JOE to MKD
MKD to JOE
JOE to MKD Today vs. 24 hours ago
Amount | 13:48 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 JOE | ден4.48 | ден4.28 | +4.57% |
1 JOE | ден8.96 | ден8.57 | +4.57% |
5 JOE | ден44.8 | ден42.84 | +4.57% |
10 JOE | ден89.61 | ден85.69 | +4.57% |
50 JOE | ден448.03 | ден428.44 | +4.57% |
100 JOE | ден896.06 | ден856.88 | +4.57% |
500 JOE | ден4,480.3 | ден4,284.39 | +4.57% |
1000 JOE | ден8,960.61 | ден8,568.78 | +4.57% |
JOE to MKD Today vs. 1 month ago
Amount | 13:48 today | 1 month ago | 1M change |
---|---|---|---|
0.5 JOE | ден4.48 | ден5.08 | -11.81% |
1 JOE | ден8.96 | ден10.16 | -11.81% |
5 JOE | ден44.8 | ден50.81 | -11.81% |
10 JOE | ден89.61 | ден101.62 | -11.81% |
50 JOE | ден448.03 | ден508.1 | -11.81% |
100 JOE | ден896.06 | ден1,016.2 | -11.81% |
500 JOE | ден4,480.3 | ден5,081.02 | -11.81% |
1000 JOE | ден8,960.61 | ден10,162.03 | -11.81% |
JOE to MKD Today vs. 1 year ago
Amount | 13:48 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 JOE | ден4.48 | ден14.31 | -68.66% |
1 JOE | ден8.96 | ден28.61 | -68.66% |
5 JOE | ден44.8 | ден143.07 | -68.66% |
10 JOE | ден89.61 | ден286.14 | -68.66% |
50 JOE | ден448.03 | ден1,430.7 | -68.66% |
100 JOE | ден896.06 | ден2,861.39 | -68.66% |
500 JOE | ден4,480.3 | ден14,306.95 | -68.66% |
1000 JOE | ден8,960.61 | ден28,613.91 | -68.66% |
How to convert JOE to MKD



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