IDEX
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 IDEX(IDEX) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 IDEX at a value of 1 IDEX for 0.07 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 IDEX currency pair is the IDEX to BMD, with for IDEX's currency code being IDEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
IDEX to BMD conversion rate trend
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In the past 1D, IDEX has changed +5.92% to BMD. Based on the trend and price charts, IDEX(IDEX) has changed +5.92% to BMD while Bermudan Dollar(BMD) has changed % to IDEX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.06281 | 0.0200% / 0.0320%  VIP 7 | |
Binance | $0.06241 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | $0.04510 | 0.1000% / 0.1000% | Yes |
Huobi | $0.06240 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.06236 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 08:00:16(UTC+0)
How to buy IDEX
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 IDEX (IDEX)
Use a variety of payment options to buy IDEX on Bitget. We'll show you how.
Buy IDEX (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of IDEX with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy IDEX 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 IDEX (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of IDEX to BMD. However, you can first exchange IDEX 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 |
|---|
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What factors influence the conversion rate of IDEX to Bermudan Dollar?
IDEX to Bermudan Dollar is rising this week.IDEX's current market price is $ 0.06513 per IDEX, with a total market cap of $ 52,594,170.22 BMD based on a circulating supply of 807,489,000 IDEX. The trading volume of IDEX has changed by -71.59% ($ -122,875,767.44 BMD) in the last 24 hours. Last trading day, IDEX's trading volume was $ 171,644,645.69.
Market cap
$52.59M
24h volume
$48.77M
Circulating supply
807.49M IDEX
Conversion tables
The exchange rate of IDEX is increasing.1 IDEX is currently valued at $ 0.06513 BMD , which means buying 5 IDEX will cost $ 0.3257 BMD . Similarly, $1 BMD can be traded for 15.35 IDEX, and $50 BMD can be converted to 767.66 IDEX, excluding any platform or gas fees.
The exchange rate of 1 IDEX to Bermudan Dollar has changed by +1.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.92%, reaching a high of 0.06664 BMD and a low of 0.05867 BMD . One month ago, the value of 1 IDEX was $ 0.04082 BMD , which represents a +58.55% change from its current value. Over the last year, IDEX has changed by , resulting in a change of +7.33% in its value.
+$
0.004494BMDIDEX to BMD
Amount
11:29 am today
0.5 IDEX
$0.03257
1 IDEX
$0.06513
5 IDEX
$0.3257
10 IDEX
$0.6513
50 IDEX
$3.26
100 IDEX
$6.51
500 IDEX
$32.57
1000 IDEX
$65.13
BMD to IDEX
Amount11:29 am today
0.5BMD7.68 IDEX
1BMD15.35 IDEX
5BMD76.77 IDEX
10BMD153.53 IDEX
50BMD767.66 IDEX
100BMD1,535.32 IDEX
500BMD7,676.6 IDEX
1000BMD15,353.2 IDEX
Today vs. 24 hours ago
| Amount | 11:29 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 IDEX | $0.03257 | $0.03073 | +5.92% |
| 1 IDEX | $0.06513 | $0.06145 | +5.92% |
| 5 IDEX | $0.3257 | $0.3073 | +5.92% |
| 10 IDEX | $0.6513 | $0.6145 | +5.92% |
| 50 IDEX | $3.26 | $3.07 | +5.92% |
| 100 IDEX | $6.51 | $6.15 | +5.92% |
| 500 IDEX | $32.57 | $30.73 | +5.92% |
| 1000 IDEX | $65.13 | $61.45 | +5.92% |
Today vs. 1 month ago
| Amount | 11:29 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 IDEX | $0.03257 | $0.02041 | +58.55% |
| 1 IDEX | $0.06513 | $0.04082 | +58.55% |
| 5 IDEX | $0.3257 | $0.2041 | +58.55% |
| 10 IDEX | $0.6513 | $0.4082 | +58.55% |
| 50 IDEX | $3.26 | $2.04 | +58.55% |
| 100 IDEX | $6.51 | $4.08 | +58.55% |
| 500 IDEX | $32.57 | $20.41 | +58.55% |
| 1000 IDEX | $65.13 | $40.82 | +58.55% |
Today vs. 1 year ago
| Amount | 11:29 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 IDEX | $0.03257 | $0.03032 | +7.33% |
| 1 IDEX | $0.06513 | $0.06064 | +7.33% |
| 5 IDEX | $0.3257 | $0.3032 | +7.33% |
| 10 IDEX | $0.6513 | $0.6064 | +7.33% |
| 50 IDEX | $3.26 | $3.03 | +7.33% |
| 100 IDEX | $6.51 | $6.06 | +7.33% |
| 500 IDEX | $32.57 | $30.32 | +7.33% |
| 1000 IDEX | $65.13 | $60.64 | +7.33% |
IDEX price prediction
What will the price of IDEX be in 2025?
Based on IDEX's historical price performance prediction model, the price of IDEX is projected to reach $0.07817 in 2025.
What will the price of IDEX be in 2030?
In 2030, the IDEX price is expected to change by -3.00%. By the end of 2030, the IDEX price is projected to reach $0.1427, with a cumulative ROI of +69.49%.
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Popular IDEX conversions
Check out these popular currency conversions of IDEX to several fiat currencies.
IDEX to USD
1 IDEX to $ 0.06513 USD
IDEX to GBP
1 IDEX to £ 0.05184 GBP
IDEX to EUR
1 IDEX to € 0.06259 EUR
IDEX to KRW
1 IDEX to ₩ 94.58 KRW
IDEX to CAD
1 IDEX to $ 0.09371 CAD
IDEX to AUD
1 IDEX to $ 0.1041 AUD
IDEX to JPY
1 IDEX to ¥ 10.21 JPY
IDEX to BRL
1 IDEX to R$ 0.3964 BRL
IDEX to CNY
1 IDEX to ¥ 0.4759 CNY
IDEX to TWD
1 IDEX to NT$ 2.13 TWD
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Bitcoin to BMD
1 BTC to $ 96,080.77 BMD
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1 XVG to $ 0.01268 BMD
Aave to BMD
1 AAVE to $ 337.53 BMD
QuarkChain to BMD
1 QKC to $ 0.01223 BMD
Peanut the Squirrel to BMD
1 PNUT to $ 0.6903 BMD
Steem to BMD
1 STEEM to $ 0.2448 BMD
Frax Share to BMD
1 FXS to $ 3.31 BMD
Hive to BMD
1 HIVE to $ 0.3723 BMD
MovieBloc to BMD
1 MBL to $ 0.003553 BMD
Algorand to BMD
1 ALGO to $ 0.3635 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 IDEX 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 IDEX 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 IDEX 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.
