BAC
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 Basis Cash(BAC) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 BAC at a value of 1 BAC 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 Basis Cash currency pair is the BAC to BMD, with for Basis Cash's currency code being BAC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
BAC to BMD conversion rate trend
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In the past 1D, Basis Cash has changed +1.75% to BMD. Based on the trend and price charts, Basis Cash(BAC) has changed +1.75% to BMD while Bermudan Dollar(BMD) has changed % to BAC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.002046 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.002034 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/06 05:00:18(UTC+0)
How to buy Basis Cash
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 Basis Cash (BAC)
Use a variety of payment options to buy Basis Cash on Bitget. We'll show you how.
Buy BAC (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of BAC with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy BAC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|---|---|---|---|
Q QuickResponse100%  162 trades｜Completion rate 96.00% | 1.03 USD | Amount50 USDT Limit10 - 50 USD |  | |
R Recharge 38 trades｜Completion rate 79.00% | 1.036 USD | Amount272.07 USDT Limit10 - 270 USD |    | |
F FLASH SALE 1   21 trades｜Completion rate 95.00% | 1.036 USD | Amount1602.82 USDT Limit10 - 1660.521 USD |   | |
C CryptoCrave 88 trades｜Completion rate 98.00% | 1.04 USD | Amount3276.72 USDT Limit200 - 4211 USD |  | |
I Itzsheikhs 133 trades｜Completion rate 99.00% | 1.04 USD | Amount3004.72 USDT Limit300 - 3106 USD | |
Sell BAC (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of BAC to BMD. However, you can first exchange BAC 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 |
|---|---|---|---|---|
S Sinai Saud Trades 38 trades｜Completion rate 93.00% | 1.199 USD | Amount40000 USDT Limit1300 - 47600 USD |     | |
B BGUSER-VBXPGM6X 38 trades｜Completion rate 93.00% | 1.122 USD | Amount99576.3 USDT Limit10 - 50000 USD | | |
c cR7_trader 11 trades｜Completion rate 100.00% | 1.121 USD | Amount4788.74 USDT Limit100 - 5000 USD | | |
D DimTrade 0 trades｜Completion rate 0.00% | 1.1 USD | Amount4502.79 USDT Limit100 - 1000 USD | | |
y yaske212 25 trades｜Completion rate 71.00% | 1.016 USD | Amount600 USDT Limit20 - 600 USD | |
What factors influence the conversion rate of Basis Cash to Bermudan Dollar?
Basis Cash to Bermudan Dollar is falling this week.Basis Cash's current market price is $ 0.002046 per BAC, with a total market cap of $ 111,637.56 BMD based on a circulating supply of 54,575,144 BAC. The trading volume of Basis Cash has changed by -68.23% ($ -11,373.83 BMD) in the last 24 hours. Last trading day, BAC's trading volume was $ 16,669.2.
Market cap
$111.64K
24h volume
$5.30K
Circulating supply
54.58M BAC
Conversion tables
The exchange rate of Basis Cash is decreasing.1 BAC is currently valued at $ 0.002046 BMD , which means buying 5 BAC will cost $ 0.01023 BMD . Similarly, $1 BMD can be traded for 488.86 BAC, and $50 BMD can be converted to 24,443.01 BAC, excluding any platform or gas fees.
The exchange rate of 1 BAC to Bermudan Dollar has changed by -13.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.75%, reaching a high of 0.002153 BMD and a low of 0.001990 BMD . One month ago, the value of 1 BAC was $ 0.002910 BMD , which represents a -29.72% change from its current value. Over the last year, Basis Cash has changed by , resulting in a change of -44.64% in its value.
-$
0.001649BMDBAC to BMD
Amount
05:07 am today
0.5 BAC
$0.001023
1 BAC
$0.002046
5 BAC
$0.01023
10 BAC
$0.02046
50 BAC
$0.1023
100 BAC
$0.2046
500 BAC
$1.02
1000 BAC
$2.05
BMD to BAC
Amount05:07 am today
0.5BMD244.43 BAC
1BMD488.86 BAC
5BMD2,444.3 BAC
10BMD4,888.6 BAC
50BMD24,443.01 BAC
100BMD48,886.01 BAC
500BMD244,430.05 BAC
1000BMD488,860.1 BAC
Today vs. 24 hours ago
| Amount | 05:07 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAC | $0.001023 | $0.001005 | +1.75% |
| 1 BAC | $0.002046 | $0.002010 | +1.75% |
| 5 BAC | $0.01023 | $0.01005 | +1.75% |
| 10 BAC | $0.02046 | $0.02010 | +1.75% |
| 50 BAC | $0.1023 | $0.1005 | +1.75% |
| 100 BAC | $0.2046 | $0.2010 | +1.75% |
| 500 BAC | $1.02 | $1.01 | +1.75% |
| 1000 BAC | $2.05 | $2.01 | +1.75% |
Today vs. 1 month ago
| Amount | 05:07 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAC | $0.001023 | $0.001455 | -29.72% |
| 1 BAC | $0.002046 | $0.002910 | -29.72% |
| 5 BAC | $0.01023 | $0.01455 | -29.72% |
| 10 BAC | $0.02046 | $0.02910 | -29.72% |
| 50 BAC | $0.1023 | $0.1455 | -29.72% |
| 100 BAC | $0.2046 | $0.2910 | -29.72% |
| 500 BAC | $1.02 | $1.46 | -29.72% |
| 1000 BAC | $2.05 | $2.91 | -29.72% |
Today vs. 1 year ago
| Amount | 05:07 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAC | $0.001023 | $0.001847 | -44.64% |
| 1 BAC | $0.002046 | $0.003695 | -44.64% |
| 5 BAC | $0.01023 | $0.01847 | -44.64% |
| 10 BAC | $0.02046 | $0.03695 | -44.64% |
| 50 BAC | $0.1023 | $0.1847 | -44.64% |
| 100 BAC | $0.2046 | $0.3695 | -44.64% |
| 500 BAC | $1.02 | $1.85 | -44.64% |
| 1000 BAC | $2.05 | $3.69 | -44.64% |
Basis Cash price prediction
What will the price of BAC be in 2025?
Based on BAC's historical price performance prediction model, the price of BAC is projected to reach $0.002613 in 2025.
What will the price of BAC be in 2030?
In 2030, the BAC price is expected to change by -18.00%. By the end of 2030, the BAC price is projected to reach $0.004444, with a cumulative ROI of +117.23%.
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Popular Basis Cash conversions
Check out these popular currency conversions of Basis Cash to several fiat currencies.
Basis Cash to USD
1 BAC to $ 0.002046 USD
Basis Cash to GBP
1 BAC to £ 0.001597 GBP
Basis Cash to EUR
1 BAC to € 0.001886 EUR
Basis Cash to KRW
1 BAC to ₩ 2.82 KRW
Basis Cash to CAD
1 BAC to $ 0.002794 CAD
Basis Cash to AUD
1 BAC to $ 0.003030 AUD
Basis Cash to JPY
1 BAC to ¥ 0.3288 JPY
Basis Cash to BRL
1 BAC to R$ 0.01117 BRL
Basis Cash to CNY
1 BAC to ¥ 0.01490 CNY
Basis Cash to TWD
1 BAC to NT$ 0.06629 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in Basis Cash.
Bitcoin to BMD
1 BTC to $ 56,059.59 BMD
Pepe to BMD
1 PEPE to $ 0.{5}8767 BMD
Solana to BMD
1 SOL to $ 133.69 BMD
LayerZero to BMD
1 ZRO to $ 3.96 BMD
Notcoin to BMD
1 NOT to $ 0.01004 BMD
Ethereum to BMD
1 ETH to $ 2,962.81 BMD
Toncoin to BMD
1 TON to $ 7.32 BMD
Hoppy to BMD
1 HOPPY to $ -- BMD
Arbitrum to BMD
1 ARB to $ 0.6166 BMD
Ondo to BMD
1 ONDO to $ 0.9636 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 Basis Cash 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 Basis Cash 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 Basis Cash 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.
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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.
