SP to BMD Converter and calculator


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Convert SP to BMD
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SP to BMD chart
SP to BMD conversion data: Volatility and price changes of Spintria in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.006007 BMD | 0.006695 BMD | 0.006990 BMD | 0.008457 BMD |
Low | 0.005850 BMD | 0.005850 BMD | 0.005850 BMD | 0.005498 BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | -1.23% | -10.33% | -14.97% | -15.08% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Spintria information
SP to BMD market statistics
Current SP to BMD exchange rate
Spintria to Bermudan Dollar is falling this week.More info about Spintria on Bitget
Bermudan Dollar 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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SP to BMD Conversion tables
Amount | 03:27 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SP | $0.002948 | $0.002985 | -1.23% |
1 SP | $0.005897 | $0.005970 | -1.23% |
5 SP | $0.02948 | $0.02985 | -1.23% |
10 SP | $0.05897 | $0.05970 | -1.23% |
50 SP | $0.2948 | $0.2985 | -1.23% |
100 SP | $0.5897 | $0.5970 | -1.23% |
500 SP | $2.95 | $2.98 | -1.23% |
1000 SP | $5.9 | $5.97 | -1.23% |
SP to BMD FAQ
What factors influence the conversion rate of SP to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Spintria in the US is $0.005897 USD. Additionally, Spintria’s price is €0.005019 EUR in the eurozone, £0.004376 GBP in the UK, C$0.008126 CAD in Canada, ₹0.5195 INR in India, ₨1.67 PKR in Pakistan, R$0.03140 BRL in Brazil, and more.
The most popular Spintria currency pair is the SP to Bermudan Dollar(BMD). The price of 1 Spintria (SP) in Bermudan Dollar (BMD) is $0.005897.
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