DAMEX
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 Damex Token(DAMEX) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 DAMEX at a value of 1 DAMEX for 0.00 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 Damex Token currency pair is the DAMEX to BMD, with for Damex Token's currency code being DAMEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
DAMEX to BMD conversion rate trend
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In the past 1D, Damex Token has changed +0.85% to BMD. Based on the trend and price charts, Damex Token(DAMEX) has changed +0.85% to BMD while Bermudan Dollar(BMD) has changed % to DAMEX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.002358 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/07 08:31:32(UTC+0)
How to buy Damex Token
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 Damex Token (DAMEX)
Use a variety of payment options to buy Damex Token on Bitget. We'll show you how.
Buy DAMEX (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of DAMEX with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy DAMEX 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 DAMEX (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of DAMEX to BMD. However, you can first exchange DAMEX 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 |
|---|
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What factors influence the conversion rate of Damex Token to Bermudan Dollar?
Damex Token to Bermudan Dollar is rising this week.Damex Token's current market price is $ 0.002469 per DAMEX, with a total market cap of $ 131,040.55 BMD based on a circulating supply of 53,076,276 DAMEX. The trading volume of Damex Token has changed by +16.73% ($ 29,452.11 BMD) in the last 24 hours. Last trading day, DAMEX's trading volume was $ 176,038.46.
Market cap
$131.04K
24h volume
$205.49K
Circulating supply
53.08M DAMEX
Conversion tables
The exchange rate of Damex Token is increasing.1 DAMEX is currently valued at $ 0.002469 BMD , which means buying 5 DAMEX will cost $ 0.01234 BMD . Similarly, $1 BMD can be traded for 405.04 DAMEX, and $50 BMD can be converted to 20,251.85 DAMEX, excluding any platform or gas fees.
The exchange rate of 1 DAMEX to Bermudan Dollar has changed by +14.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.85%, reaching a high of 0.002551 BMD and a low of 0.002356 BMD . One month ago, the value of 1 DAMEX was $ 0.002118 BMD , which represents a +16.55% change from its current value. Over the last year, Damex Token has changed by , resulting in a change of -88.60% in its value.
-$
0.01918BMDDAMEX to BMD
Amount
12:52 today
0.5 DAMEX
$0.001234
1 DAMEX
$0.002469
5 DAMEX
$0.01234
10 DAMEX
$0.02469
50 DAMEX
$0.1234
100 DAMEX
$0.2469
500 DAMEX
$1.23
1000 DAMEX
$2.47
BMD to DAMEX
Amount12:52 today
0.5BMD202.52 DAMEX
1BMD405.04 DAMEX
5BMD2,025.19 DAMEX
10BMD4,050.37 DAMEX
50BMD20,251.85 DAMEX
100BMD40,503.71 DAMEX
500BMD202,518.54 DAMEX
1000BMD405,037.07 DAMEX
Today vs. 24 hours ago
| Amount | 12:52 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DAMEX | $0.001234 | $0.001224 | +0.85% |
| 1 DAMEX | $0.002469 | $0.002448 | +0.85% |
| 5 DAMEX | $0.01234 | $0.01224 | +0.85% |
| 10 DAMEX | $0.02469 | $0.02448 | +0.85% |
| 50 DAMEX | $0.1234 | $0.1224 | +0.85% |
| 100 DAMEX | $0.2469 | $0.2448 | +0.85% |
| 500 DAMEX | $1.23 | $1.22 | +0.85% |
| 1000 DAMEX | $2.47 | $2.45 | +0.85% |
Today vs. 1 month ago
| Amount | 12:52 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DAMEX | $0.001234 | $0.001059 | +16.55% |
| 1 DAMEX | $0.002469 | $0.002118 | +16.55% |
| 5 DAMEX | $0.01234 | $0.01059 | +16.55% |
| 10 DAMEX | $0.02469 | $0.02118 | +16.55% |
| 50 DAMEX | $0.1234 | $0.1059 | +16.55% |
| 100 DAMEX | $0.2469 | $0.2118 | +16.55% |
| 500 DAMEX | $1.23 | $1.06 | +16.55% |
| 1000 DAMEX | $2.47 | $2.12 | +16.55% |
Today vs. 1 year ago
| Amount | 12:52 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DAMEX | $0.001234 | $0.01083 | -88.60% |
| 1 DAMEX | $0.002469 | $0.02165 | -88.60% |
| 5 DAMEX | $0.01234 | $0.1083 | -88.60% |
| 10 DAMEX | $0.02469 | $0.2165 | -88.60% |
| 50 DAMEX | $0.1234 | $1.08 | -88.60% |
| 100 DAMEX | $0.2469 | $2.17 | -88.60% |
| 500 DAMEX | $1.23 | $10.83 | -88.60% |
| 1000 DAMEX | $2.47 | $21.65 | -88.60% |
Damex Token price prediction
What will the price of DAMEX be in 2025?
Based on DAMEX's historical price performance prediction model, the price of DAMEX is projected to reach $0.005676 in 2025.
What will the price of DAMEX be in 2030?
In 2030, the DAMEX price is expected to change by -5.00%. By the end of 2030, the DAMEX price is projected to reach $0.009049, with a cumulative ROI of +263.96%.
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Popular Damex Token conversions
Check out these popular currency conversions of Damex Token to several fiat currencies.
Damex Token to USD
1 DAMEX to $ 0.002469 USD
Damex Token to GBP
1 DAMEX to £ 0.001912 GBP
Damex Token to EUR
1 DAMEX to € 0.002297 EUR
Damex Token to KRW
1 DAMEX to ₩ 3.44 KRW
Damex Token to CAD
1 DAMEX to $ 0.003429 CAD
Damex Token to AUD
1 DAMEX to $ 0.003724 AUD
Damex Token to JPY
1 DAMEX to ¥ 0.3801 JPY
Damex Token to BRL
1 DAMEX to R$ 0.01404 BRL
Damex Token to CNY
1 DAMEX to ¥ 0.01771 CNY
Damex Token to TWD
1 DAMEX to NT$ 0.07965 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in Damex Token.
Bitcoin to BMD
1 BTC to $ 75,130.98 BMD
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1 PAPO to $ -- BMD
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1 DOGE to $ 0.1919 BMD
SolarX to BMD
1 SXCH to $ -- BMD
UXLINK to BMD
1 UXLINK to $ -- BMD
Solana to BMD
1 SOL to $ 187.52 BMD
Grass to BMD
1 GRASS to $ -- BMD
Sui to BMD
1 SUI to $ 2.27 BMD
Ethereum to BMD
1 ETH to $ 2,819.7 BMD
X Empire to BMD
1 X to $ 0.{4}7748 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 Damex Token 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 Damex Token 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 Damex Token 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.
