MGO to BMD Converter and calculator


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Convert MGO to BMD
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MGO to BMD chart
MGO to BMD conversion data: Volatility and price changes of Mango Network in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.02968 BMD | 0.03180 BMD | 0.08063 BMD | 0.08063 BMD |
Low | 0.02900 BMD | 0.02536 BMD | 0.01050 BMD | 0.0005000 BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | -1.19% | +12.43% | +72.70% | +5721.88% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Mango Network information
MGO to BMD market statistics
Current MGO to BMD exchange rate
Mango Network to Bermudan Dollar is rising this week.More info about Mango Network on Bitget
Bermudan Dollar 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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MGO to BMD Conversion tables
Amount | 13:31 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MGO | $0.01457 | $0.01475 | -1.19% |
1 MGO | $0.02915 | $0.02950 | -1.19% |
5 MGO | $0.1457 | $0.1475 | -1.19% |
10 MGO | $0.2915 | $0.2950 | -1.19% |
50 MGO | $1.46 | $1.47 | -1.19% |
100 MGO | $2.91 | $2.95 | -1.19% |
500 MGO | $14.57 | $14.75 | -1.19% |
1000 MGO | $29.15 | $29.5 | -1.19% |
MGO to BMD FAQ
What factors influence the conversion rate of MGO to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Mango Network in the US is $0.02915 USD. Additionally, Mango Network’s price is €0.02487 EUR in the eurozone, £0.02170 GBP in the UK, C$0.03987 CAD in Canada, ₹2.52 INR in India, ₨8.27 PKR in Pakistan, R$0.1613 BRL in Brazil, and more.
The most popular Mango Network currency pair is the MGO to Bermudan Dollar(BMD). The price of 1 Mango Network (MGO) in Bermudan Dollar (BMD) is $0.02915.
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