SMT
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 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 0.22 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 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
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In the past 1D, Swarm Markets has changed +3.17% to BMD. Based on the trend and price charts, Swarm Markets(SMT) has changed +3.17% to BMD while Bermudan Dollar(BMD) has changed % to SMT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.2245 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.2204 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/08 16:00:16(UTC+0)
How to buy Swarm Markets
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 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) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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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) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
No matching ads found.
What factors influence the conversion rate of Swarm Markets to Bermudan Dollar?
Swarm Markets to Bermudan Dollar is rising this week.Swarm Markets's current market price is $ 0.2242 per SMT, with a total market cap of $ 18,752,272.9 BMD based on a circulating supply of 83,639,670 SMT. The trading volume of Swarm Markets has changed by -28.25% ($ -57,698.65 BMD) in the last 24 hours. Last trading day, SMT's trading volume was $ 204,263.99.
Market cap
$18.75M
24h volume
$146.57K
Circulating supply
83.64M SMT
Conversion tables
The exchange rate of Swarm Markets is increasing.1 SMT is currently valued at $ 0.2242 BMD , which means buying 5 SMT will cost $ 1.12 BMD . Similarly, $1 BMD can be traded for 4.46 SMT, and $50 BMD can be converted to 223.01 SMT, excluding any platform or gas fees.
The exchange rate of 1 SMT to Bermudan Dollar has changed by +27.78% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.17%, reaching a high of 0.2256 BMD and a low of 0.2149 BMD . One month ago, the value of 1 SMT was $ 0.1942 BMD , which represents a +15.43% change from its current value. Over the last year, Swarm Markets has changed by , resulting in a change of +118.43% in its value.
+$
0.1216BMDSMT to BMD
Amount
21:17 today
0.5 SMT
$0.1121
1 SMT
$0.2242
5 SMT
$1.12
10 SMT
$2.24
50 SMT
$11.21
100 SMT
$22.42
500 SMT
$112.1
1000 SMT
$224.2
BMD to SMT
Amount21:17 today
0.5BMD2.23 SMT
1BMD4.46 SMT
5BMD22.3 SMT
10BMD44.6 SMT
50BMD223.01 SMT
100BMD446.02 SMT
500BMD2,230.12 SMT
1000BMD4,460.24 SMT
Today vs. 24 hours ago
| Amount | 21:17 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SMT | $0.1121 | $0.1087 | +3.17% |
| 1 SMT | $0.2242 | $0.2173 | +3.17% |
| 5 SMT | $1.12 | $1.09 | +3.17% |
| 10 SMT | $2.24 | $2.17 | +3.17% |
| 50 SMT | $11.21 | $10.87 | +3.17% |
| 100 SMT | $22.42 | $21.73 | +3.17% |
| 500 SMT | $112.1 | $108.66 | +3.17% |
| 1000 SMT | $224.2 | $217.31 | +3.17% |
Today vs. 1 month ago
| Amount | 21:17 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SMT | $0.1121 | $0.09711 | +15.43% |
| 1 SMT | $0.2242 | $0.1942 | +15.43% |
| 5 SMT | $1.12 | $0.9711 | +15.43% |
| 10 SMT | $2.24 | $1.94 | +15.43% |
| 50 SMT | $11.21 | $9.71 | +15.43% |
| 100 SMT | $22.42 | $19.42 | +15.43% |
| 500 SMT | $112.1 | $97.11 | +15.43% |
| 1000 SMT | $224.2 | $194.22 | +15.43% |
Today vs. 1 year ago
| Amount | 21:17 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SMT | $0.1121 | $0.05131 | +118.43% |
| 1 SMT | $0.2242 | $0.1026 | +118.43% |
| 5 SMT | $1.12 | $0.5131 | +118.43% |
| 10 SMT | $2.24 | $1.03 | +118.43% |
| 50 SMT | $11.21 | $5.13 | +118.43% |
| 100 SMT | $22.42 | $10.26 | +118.43% |
| 500 SMT | $112.1 | $51.31 | +118.43% |
| 1000 SMT | $224.2 | $102.62 | +118.43% |
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 $0.2586 in 2025.
What will the price of SMT be in 2030?
In 2030, the SMT price is expected to change by -18.00%. By the end of 2030, the SMT price is projected to reach $0.2461, with a cumulative ROI of +37.97%.
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Popular Swarm Markets conversions
Check out these popular currency conversions of Swarm Markets to several fiat currencies.
Swarm Markets to USD
1 SMT to $ 0.2242 USD
Swarm Markets to GBP
1 SMT to £ 0.1737 GBP
Swarm Markets to EUR
1 SMT to € 0.2094 EUR
Swarm Markets to KRW
1 SMT to ₩ 313.43 KRW
Swarm Markets to CAD
1 SMT to $ 0.3121 CAD
Swarm Markets to AUD
1 SMT to $ 0.3411 AUD
Swarm Markets to JPY
1 SMT to ¥ 34.23 JPY
Swarm Markets to BRL
1 SMT to R$ 1.29 BRL
Swarm Markets to CNY
1 SMT to ¥ 1.61 CNY
Swarm Markets to TWD
1 SMT to NT$ 7.23 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in Swarm Markets.
Bitcoin to BMD
1 BTC to $ 76,733.95 BMD
The dev is an Ape to BMD
1 APEDEV to $ -- BMD
PepeCoin to BMD
1 PEPECOIN to $ 4.8 BMD
SUNDOG to BMD
1 SUNDOG to $ 0.1306 BMD
Solana to BMD
1 SOL to $ 198.29 BMD
Ethereum to BMD
1 ETH to $ 2,932.58 BMD
Pepe to BMD
1 PEPE to $ 0.{4}1075 BMD
Swell Network to BMD
1 SWELL to $ 0.04797 BMD
Sui to BMD
1 SUI to $ 2.25 BMD
Meson Network to BMD
1 MSN to $ -- 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 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.
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.
