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Swarm Markets to Bermudan Dollar Converter and calculator

Convert 1Swarm Markets (SMT) to Bermudan Dollar (BMD) equals $ 0.3761 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Swarm Markets(SMT) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 SMT at a value of 1 SMT for 0.38 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Swarm Markets currency pair is the SMT to BMD, with for Swarm Markets's currency code being SMT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.

SMT to BMD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Swarm Markets has changed +3.20% to BMD. Based on the trend and price charts, Swarm Markets(SMT) has changed +3.20% to BMD while Bermudan Dollar(BMD) has changed % to SMT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$0.3761
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
$0.3725
0.1000% / 0.1000%
Yes
Last updated 2024/07/11 05:00:13(UTC+0)

How to buy Swarm Markets

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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.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Swarm Markets (SMT)
Use a variety of payment options to buy Swarm Markets on Bitget. We'll show you how.

Buy SMT (or USDT) for BMD (Bermudan Dollar) offers

Bitget P2P trading does not currently support direct buying of SMT with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy SMT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
n
ninos.financeGolden merchantVerified Merchant
343 tradesCompletion rate 100.00%
0.999 USD
Amount39.99 USDT
Limit10 - 25 USD
Zinli
Buy
金边安欣币行Golden merchantVerified Merchant
364 tradesCompletion rate 100.00%
1 USD
Amount747.28 USDT
Limit10 - 700 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Buy
O
OTEDOLAGolden merchantVerified Merchant
71 tradesCompletion rate 97.00%
1 USD
Amount300 USDT
Limit10 - 300 USD
Air TMPyypl
Buy
P
Ponreay_FXVerified Merchant
166 tradesCompletion rate 99.00%
1.001 USD
Amount1000 USDT
Limit10 - 1001 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
R
RechargeVerified Merchant
42 tradesCompletion rate 100.00%
1.029 USD
Amount295.72 USDT
Limit10 - 304 USD
PayeerVolet.com(Formerly Advcash)Air TM
Buy

Sell SMT (or USDT) for BMD (Bermudan Dollar) offers

Bitget P2P trading currently does not support direct selling of SMT to BMD. However, you can first exchange SMT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
S
Suarman TradesVerified Merchant
16 tradesCompletion rate 94.00%
1.2 USD
Amount40000 USDT
Limit1200 - 46000 USD
Bank TransferRevolutWebMoneyZen
Sell
R
RechargeVerified Merchant
42 tradesCompletion rate 100.00%
1.197 USD
Amount1463 USDT
Limit10 - 1007 USD
WebMoney
Sell
c
cR7_traderVerified Merchant
3 tradesCompletion rate 100.00%
1.123 USD
Amount4788.74 USDT
Limit100 - 5000 USD
WebMoney
Sell
B
BGUSER-VBXPGM6XVerified Merchant
46 tradesCompletion rate 92.00%
1.122 USD
Amount99576.3 USDT
Limit10 - 50000 USD
WebMoney
Sell
D
DimTradeVerified Merchant
0 tradesCompletion rate 0.00%
1.1 USD
Amount4502.79 USDT
Limit100 - 1000 USD
WebMoney
Sell

What factors influence the conversion rate of Swarm Markets to Bermudan Dollar?

Swarm Markets to Bermudan Dollar is falling this week.
Swarm Markets's current market price is $ 0.3761 per SMT, with a total market cap of $ 12,324,208.18 BMD based on a circulating supply of 32,769,650 SMT. The trading volume of Swarm Markets has changed by +108.53% ($ 109,273.06 BMD) in the last 24 hours. Last trading day, SMT's trading volume was $ 100,683.45.
Market cap
$12.32M
24h volume
$209.96K
Circulating supply
32.77M SMT

Conversion tables

The exchange rate of Swarm Markets is decreasing.
1 SMT is currently valued at $ 0.3761 BMD , which means buying 5 SMT will cost $ 1.88 BMD . Similarly, $1 BMD can be traded for 2.66 SMT, and $50 BMD can be converted to 132.95 SMT, excluding any platform or gas fees.
The exchange rate of 1 SMT to Bermudan Dollar has changed by -9.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.20%, reaching a high of 0.3773 BMD and a low of 0.3586 BMD . One month ago, the value of 1 SMT was $ 0.7111 BMD , which represents a -47.11% change from its current value. Over the last year, Swarm Markets has changed by
+$
0.3122BMD
, resulting in a change of +489.05% in its value.

SMT to BMD

Amount
05:44 am today
0.5 SMT
$0.1880
1 SMT
$0.3761
5 SMT
$1.88
10 SMT
$3.76
50 SMT
$18.8
100 SMT
$37.61
500 SMT
$188.04
1000 SMT
$376.09

BMD to SMT

Amount05:44 am today
0.5BMD1.33  SMT
1BMD2.66  SMT
5BMD13.29  SMT
10BMD26.59  SMT
50BMD132.95  SMT
100BMD265.9  SMT
500BMD1,329.48  SMT
1000BMD2,658.97  SMT
Buy Swarm Markets for 1 BMD
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Today vs. 24 hours ago

Amount05:44 am today24 hours ago24h change
0.5 SMT$0.1880$0.1822
+3.20%
1 SMT$0.3761$0.3644
+3.20%
5 SMT$1.88$1.82
+3.20%
10 SMT$3.76$3.64
+3.20%
50 SMT$18.8$18.22
+3.20%
100 SMT$37.61$36.44
+3.20%
500 SMT$188.04$182.21
+3.20%
1000 SMT$376.09$364.42
+3.20%

Today vs. 1 month ago

Amount05:44 am today1 month ago1M change
0.5 SMT$0.1880$0.3556
-47.11%
1 SMT$0.3761$0.7111
-47.11%
5 SMT$1.88$3.56
-47.11%
10 SMT$3.76$7.11
-47.11%
50 SMT$18.8$35.56
-47.11%
100 SMT$37.61$71.11
-47.11%
500 SMT$188.04$355.56
-47.11%
1000 SMT$376.09$711.12
-47.11%
Buy Swarm Markets for 1 BMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Swarm Markets now

Today vs. 1 year ago

Amount05:44 am today1 year ago1Y change
0.5 SMT$0.1880$0.03192
+489.05%
1 SMT$0.3761$0.06385
+489.05%
5 SMT$1.88$0.3192
+489.05%
10 SMT$3.76$0.6385
+489.05%
50 SMT$18.8$3.19
+489.05%
100 SMT$37.61$6.38
+489.05%
500 SMT$188.04$31.92
+489.05%
1000 SMT$376.09$63.85
+489.05%

Swarm Markets price prediction

What will the price of SMT be in 2025?

Based on SMT's historical price performance prediction model, the price of SMT is projected to reach $0.4370 in 2025.

What will the price of SMT be in 2030?

In 2030, the SMT price is expected to change by -6.00%. By the end of 2030, the SMT price is projected to reach $0.4720, with a cumulative ROI of +25.51%.
Buy Swarm Markets for 1 BMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Swarm Markets now

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Buy Swarm Markets for 1 BMD
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Buy Swarm Markets for 1 BMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Swarm Markets now

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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 Swarm Markets 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 Swarm Markets 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 Swarm Markets 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.