NYM
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 NYM(NYM) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 NYM at a value of 1 NYM for 0.11 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 NYM currency pair is the NYM to BMD, with for NYM's currency code being NYM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
NYM to BMD conversion rate trend
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In the past 1D, NYM has changed -1.15% to BMD. Based on the trend and price charts, NYM(NYM) has changed -1.15% to BMD while Bermudan Dollar(BMD) has changed % to NYM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.1121 | 0.0200% / 0.0320%  VIP 7 | |
OKX | $0.08450 | 0.080% / 0.100% | Yes |
Huobi | $0.1114 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.1125 | 0.1000% / 0.1000% | Yes |
Bybit | $0.1120 | 0.1000% / 0.1000% | Yes |
KuCoin | $0.1123 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 00:00:22(UTC+0)
How to buy NYM
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 NYM (NYM)
Use a variety of payment options to buy NYM on Bitget. We'll show you how.
Buy NYM (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of NYM with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy NYM 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 NYM (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of NYM to BMD. However, you can first exchange NYM 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 NYM to Bermudan Dollar?
NYM to Bermudan Dollar is falling this week.NYM's current market price is $ 0.1115 per NYM, with a total market cap of $ 89,698,975.35 BMD based on a circulating supply of 804,560,100 NYM. The trading volume of NYM has changed by -23.29% ($ -172,367.86 BMD) in the last 24 hours. Last trading day, NYM's trading volume was $ 740,049.38.
Market cap
$89.70M
24h volume
$567.68K
Circulating supply
804.56M NYM
Conversion tables
The exchange rate of NYM is increasing.1 NYM is currently valued at $ 0.1115 BMD , which means buying 5 NYM will cost $ 0.5574 BMD . Similarly, $1 BMD can be traded for 8.97 NYM, and $50 BMD can be converted to 448.48 NYM, excluding any platform or gas fees.
The exchange rate of 1 NYM to Bermudan Dollar has changed by -12.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.15%, reaching a high of 0.1132 BMD and a low of 0.1111 BMD . One month ago, the value of 1 NYM was $ 0.09943 BMD , which represents a +12.08% change from its current value. Over the last year, NYM has changed by , resulting in a change of -36.33% in its value.
-$
0.06383BMDNYM to BMD
Amount
07:57 am today
0.5 NYM
$0.05574
1 NYM
$0.1115
5 NYM
$0.5574
10 NYM
$1.11
50 NYM
$5.57
100 NYM
$11.15
500 NYM
$55.74
1000 NYM
$111.49
BMD to NYM
Amount07:57 am today
0.5BMD4.48 NYM
1BMD8.97 NYM
5BMD44.85 NYM
10BMD89.7 NYM
50BMD448.48 NYM
100BMD896.96 NYM
500BMD4,484.78 NYM
1000BMD8,969.56 NYM
Today vs. 24 hours ago
| Amount | 07:57 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NYM | $0.05574 | $0.05639 | -1.15% |
| 1 NYM | $0.1115 | $0.1128 | -1.15% |
| 5 NYM | $0.5574 | $0.5639 | -1.15% |
| 10 NYM | $1.11 | $1.13 | -1.15% |
| 50 NYM | $5.57 | $5.64 | -1.15% |
| 100 NYM | $11.15 | $11.28 | -1.15% |
| 500 NYM | $55.74 | $56.39 | -1.15% |
| 1000 NYM | $111.49 | $112.79 | -1.15% |
Today vs. 1 month ago
| Amount | 07:57 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NYM | $0.05574 | $0.04972 | +12.08% |
| 1 NYM | $0.1115 | $0.09943 | +12.08% |
| 5 NYM | $0.5574 | $0.4972 | +12.08% |
| 10 NYM | $1.11 | $0.9943 | +12.08% |
| 50 NYM | $5.57 | $4.97 | +12.08% |
| 100 NYM | $11.15 | $9.94 | +12.08% |
| 500 NYM | $55.74 | $49.72 | +12.08% |
| 1000 NYM | $111.49 | $99.43 | +12.08% |
Today vs. 1 year ago
| Amount | 07:57 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NYM | $0.05574 | $0.08766 | -36.33% |
| 1 NYM | $0.1115 | $0.1753 | -36.33% |
| 5 NYM | $0.5574 | $0.8766 | -36.33% |
| 10 NYM | $1.11 | $1.75 | -36.33% |
| 50 NYM | $5.57 | $8.77 | -36.33% |
| 100 NYM | $11.15 | $17.53 | -36.33% |
| 500 NYM | $55.74 | $87.66 | -36.33% |
| 1000 NYM | $111.49 | $175.32 | -36.33% |
NYM price prediction
What will the price of NYM be in 2025?
Based on NYM's historical price performance prediction model, the price of NYM is projected to reach $0.1807 in 2025.
What will the price of NYM be in 2030?
In 2030, the NYM price is expected to change by -5.00%. By the end of 2030, the NYM price is projected to reach $0.2788, with a cumulative ROI of +147.56%.
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Popular NYM conversions
Check out these popular currency conversions of NYM to several fiat currencies.
NYM to USD
1 NYM to $ 0.1115 USD
NYM to GBP
1 NYM to £ 0.08872 GBP
NYM to EUR
1 NYM to € 0.1068 EUR
NYM to KRW
1 NYM to ₩ 161.93 KRW
NYM to CAD
1 NYM to $ 0.1603 CAD
NYM to AUD
1 NYM to $ 0.1784 AUD
NYM to JPY
1 NYM to ¥ 17.48 JPY
NYM to BRL
1 NYM to R$ 0.6779 BRL
NYM to CNY
1 NYM to ¥ 0.8142 CNY
NYM to TWD
1 NYM to NT$ 3.65 TWD
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1 XVG to $ 0.01287 BMD
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1 QKC to $ 0.01287 BMD
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1 MBL to $ 0.003534 BMD
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1 LPT to $ 15.29 BMD
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1 POWR to $ 0.2431 BMD
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Algorand to BMD
1 ALGO to $ 0.3602 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 NYM 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 NYM 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 NYM 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.
