IDN to BMD Converter and calculator

Conversion rates
Convert IDN to BMD
Convert BMD to IDN
IDN to BMD chart
IDN to BMD conversion data: Volatility and price changes of IDN in BMD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.4223 BMD | -- BMD | -- BMD | -- BMD |
Low | 0.001661 BMD | -- BMD | -- BMD | -- BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | -0.28% | -- | -- | -- |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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IDN information
IDN to BMD market statistics
Current IDN to BMD exchange rate
IDN to Bermudan Dollar is falling this week.More info about IDN 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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IDN to BMD Conversion tables
| Amount | 02:06 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 IDN | $0.001467 | $-- | -0.28% |
1 IDN | $0.002934 | $-- | -0.28% |
5 IDN | $0.01467 | $-- | -0.28% |
10 IDN | $0.02934 | $-- | -0.28% |
50 IDN | $0.1467 | $-- | -0.28% |
100 IDN | $0.2934 | $-- | -0.28% |
500 IDN | $1.47 | $-- | -0.28% |
1000 IDN | $2.93 | $-- | -0.28% |
IDN to BMD FAQ
What factors influence the conversion rate of IDN to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of IDN in the US is $0.002934 USD. Additionally, IDN’s price is €0.002507 EUR in the eurozone, £0.002192 GBP in the UK, C$0.004047 CAD in Canada, ₹0.2636 INR in India, ₨0.8251 PKR in Pakistan, R$0.01605 BRL in Brazil, and more.
The most popular IDN currency pair is the IDN to Bermudan Dollar(BMD). The price of 1 IDN (IDN) in Bermudan Dollar (BMD) is $0.002934.
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