SONODE to BMD Converter and calculator


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Convert SONODE to BMD
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SONODE to BMD chart
SONODE to BMD conversion data: Volatility and price changes of Sonode in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.01497 BMD | -- BMD | -- BMD | -- BMD |
Low | 0.0006659 BMD | -- BMD | -- BMD | -- BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | +10.30% | -- | -- | -- |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sonode information
SONODE to BMD market statistics
Current SONODE to BMD exchange rate
Sonode to Bermudan Dollar is falling this week.More info about Sonode 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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SONODE to BMD Conversion tables
Amount | 05:22 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SONODE | $0.003763 | $-- | +10.30% |
1 SONODE | $0.007525 | $-- | +10.30% |
5 SONODE | $0.03763 | $-- | +10.30% |
10 SONODE | $0.07525 | $-- | +10.30% |
50 SONODE | $0.3763 | $-- | +10.30% |
100 SONODE | $0.7525 | $-- | +10.30% |
500 SONODE | $3.76 | $-- | +10.30% |
1000 SONODE | $7.53 | $-- | +10.30% |
SONODE to BMD FAQ
What factors influence the conversion rate of SONODE to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Sonode in the US is $0.007525 USD. Additionally, Sonode’s price is €0.006494 EUR in the eurozone, £0.005636 GBP in the UK, C$0.01057 CAD in Canada, ₹0.6680 INR in India, ₨2.13 PKR in Pakistan, R$0.04116 BRL in Brazil, and more.
The most popular Sonode currency pair is the SONODE to Bermudan Dollar(BMD). The price of 1 Sonode (SONODE) in Bermudan Dollar (BMD) is $0.007525.
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