VALOR to BMD Converter and calculator


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Convert VALOR to BMD
Convert BMD to VALOR
VALOR to BMD chart
VALOR to BMD conversion data: Volatility and price changes of VALOR in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.006216 BMD | 0.006216 BMD | 0.006216 BMD | 0.006216 BMD |
Low | 0.001830 BMD | 0.0007782 BMD | 0.0007782 BMD | 0.0007782 BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | +117.40% | +113.55% | +108.18% | +135.01% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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VALOR information
VALOR to BMD market statistics
Current VALOR to BMD exchange rate
VALOR to Bermudan Dollar is rising this week.More info about VALOR 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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VALOR to BMD Conversion tables
Amount | 18:44 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 VALOR | $0.001963 | $0.0009030 | +117.40% |
1 VALOR | $0.003926 | $0.001806 | +117.40% |
5 VALOR | $0.01963 | $0.009030 | +117.40% |
10 VALOR | $0.03926 | $0.01806 | +117.40% |
50 VALOR | $0.1963 | $0.09030 | +117.40% |
100 VALOR | $0.3926 | $0.1806 | +117.40% |
500 VALOR | $1.96 | $0.9030 | +117.40% |
1000 VALOR | $3.93 | $1.81 | +117.40% |
VALOR to BMD FAQ
What factors influence the conversion rate of VALOR to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of VALOR in the US is $0.003926 USD. Additionally, VALOR’s price is €0.003380 EUR in the eurozone, £0.002947 GBP in the UK, C$0.005494 CAD in Canada, ₹0.3447 INR in India, ₨1.11 PKR in Pakistan, R$0.02114 BRL in Brazil, and more.
The most popular VALOR currency pair is the VALOR to Bermudan Dollar(BMD). The price of 1 VALOR (VALOR) in Bermudan Dollar (BMD) is $0.003926.
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