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Frax Share to Bermudan Dollar Converter and calculator

Convert 1Frax Share (FXS) to Bermudan Dollar (BMD) equals $ 3.22 | 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 Frax Share(FXS) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 FXS at a value of 1 FXS for 3.22 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.

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

FXS to BMD conversion rate trend

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In the past 1D, Frax Share has changed +28.06% to BMD. Based on the trend and price charts, Frax Share(FXS) has changed +28.06% to BMD while Bermudan Dollar(BMD) has changed % to FXS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$2.55
0.0200% / 0.0320%vip-iconVIP 7
Binance
$2.54
0.1000% / 0.1000%
Yes
OKX
$2.54
0.080% / 0.100%
Yes
Huobi
$2.54
0.1000% / 0.1000%
Yes
Gate.io
$2.54
0.1000% / 0.1000%
Yes
Bybit
$2.55
0.1000% / 0.1000%
Yes
KuCoin
$2.56
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 00:00:22(UTC+0)

How to buy Frax Share

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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 Frax Share (FXS)
Use a variety of payment options to buy Frax Share on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of FXS with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy FXS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell FXS (or USDT) for BMD (Bermudan Dollar) offers

Bitget P2P trading currently does not support direct selling of FXS to BMD. However, you can first exchange FXS 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
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What factors influence the conversion rate of Frax Share to Bermudan Dollar?

Frax Share to Bermudan Dollar is falling this week.
Frax Share's current market price is $ 3.22 per FXS, with a total market cap of $ 276,866,433.39 BMD based on a circulating supply of 85,942,210 FXS. The trading volume of Frax Share has changed by +480.45% ($ 100,285,966.26 BMD) in the last 24 hours. Last trading day, FXS's trading volume was $ 20,873,549.42.
Market cap
$276.87M
24h volume
$121.16M
Circulating supply
85.94M FXS

Conversion tables

The exchange rate of Frax Share is increasing.
1 FXS is currently valued at $ 3.22 BMD , which means buying 5 FXS will cost $ 16.11 BMD . Similarly, $1 BMD can be traded for 0.3104 FXS, and $50 BMD can be converted to 15.52 FXS, excluding any platform or gas fees.
The exchange rate of 1 FXS to Bermudan Dollar has changed by -5.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by +28.06%, reaching a high of 3.6 BMD and a low of 2.41 BMD . One month ago, the value of 1 FXS was $ 2.59 BMD , which represents a +24.35% change from its current value. Over the last year, Frax Share has changed by
-$
5.51BMD
, resulting in a change of -63.11% in its value.

FXS to BMD

Amount
08:28 am today
0.5 FXS
$1.61
1 FXS
$3.22
5 FXS
$16.11
10 FXS
$32.22
50 FXS
$161.08
100 FXS
$322.15
500 FXS
$1,610.77
1000 FXS
$3,221.54

BMD to FXS

Amount08:28 am today
0.5BMD0.1552  FXS
1BMD0.3104  FXS
5BMD1.55  FXS
10BMD3.1  FXS
50BMD15.52  FXS
100BMD31.04  FXS
500BMD155.21  FXS
1000BMD310.41  FXS

Today vs. 24 hours ago

Amount08:28 am today24 hours ago24h change
0.5 FXS$1.61$1.26
+28.06%
1 FXS$3.22$2.52
+28.06%
5 FXS$16.11$12.58
+28.06%
10 FXS$32.22$25.16
+28.06%
50 FXS$161.08$125.78
+28.06%
100 FXS$322.15$251.56
+28.06%
500 FXS$1,610.77$1,257.78
+28.06%
1000 FXS$3,221.54$2,515.55
+28.06%

Today vs. 1 month ago

Amount08:28 am today1 month ago1M change
0.5 FXS$1.61$1.3
+24.35%
1 FXS$3.22$2.59
+24.35%
5 FXS$16.11$12.95
+24.35%
10 FXS$32.22$25.91
+24.35%
50 FXS$161.08$129.54
+24.35%
100 FXS$322.15$259.07
+24.35%
500 FXS$1,610.77$1,295.36
+24.35%
1000 FXS$3,221.54$2,590.73
+24.35%

Today vs. 1 year ago

Amount08:28 am today1 year ago1Y change
0.5 FXS$1.61$4.37
-63.11%
1 FXS$3.22$8.73
-63.11%
5 FXS$16.11$43.66
-63.11%
10 FXS$32.22$87.32
-63.11%
50 FXS$161.08$436.62
-63.11%
100 FXS$322.15$873.24
-63.11%
500 FXS$1,610.77$4,366.22
-63.11%
1000 FXS$3,221.54$8,732.45
-63.11%

Frax Share price prediction

What will the price of FXS be in 2025?

Based on FXS's historical price performance prediction model, the price of FXS is projected to reach $3.95 in 2025.

What will the price of FXS be in 2030?

In 2030, the FXS price is expected to change by -11.00%. By the end of 2030, the FXS price is projected to reach $4.78, with a cumulative ROI of +87.16%.

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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 Frax Share 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 Frax Share 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 Frax Share 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.