VLX
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 Velas(VLX) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 VLX at a value of 1 VLX for 0.02 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 Velas currency pair is the VLX to BMD, with for Velas's currency code being VLX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
VLX to BMD conversion rate trend
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In the past 1D, Velas has changed -1.31% to BMD. Based on the trend and price charts, Velas(VLX) has changed -1.31% to BMD while Bermudan Dollar(BMD) has changed % to VLX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.007080 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | $0.01903 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.01890 | 0.1000% / 0.1000% | Yes |
KuCoin | $0.007314 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/09 01:00:18(UTC+0)
How to buy Velas
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 Velas (VLX)
Use a variety of payment options to buy Velas on Bitget. We'll show you how.
Learn MoreBuy VLX (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of VLX with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy VLX 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 VLX (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of VLX to BMD. However, you can first exchange VLX 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 Velas to Bermudan Dollar?
Velas to Bermudan Dollar is rising this week.Velas's current market price is $ 0.01869 per VLX, with a total market cap of $ 49,609,408.08 BMD based on a circulating supply of 2,654,459,100 VLX. The trading volume of Velas has changed by -26.62% ($ -597,544.77 BMD) in the last 24 hours. Last trading day, VLX's trading volume was $ 2,244,839.23.
Market cap
$49.61M
24h volume
$1.65M
Circulating supply
2.65B VLX
Conversion tables
The exchange rate of Velas is increasing.1 VLX is currently valued at $ 0.01869 BMD , which means buying 5 VLX will cost $ 0.09345 BMD . Similarly, $1 BMD can be traded for 53.51 VLX, and $50 BMD can be converted to 2,675.36 VLX, excluding any platform or gas fees.
The exchange rate of 1 VLX to Bermudan Dollar has changed by +132.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.31%, reaching a high of 0.02087 BMD and a low of 0.01815 BMD . One month ago, the value of 1 VLX was $ 0.01137 BMD , which represents a +63.80% change from its current value. Over the last year, Velas has changed by , resulting in a change of +22.30% in its value.
+$
0.003427BMDVLX to BMD
Amount
19:26 today
0.5 VLX
$0.009345
1 VLX
$0.01869
5 VLX
$0.09345
10 VLX
$0.1869
50 VLX
$0.9345
100 VLX
$1.87
500 VLX
$9.34
1000 VLX
$18.69
BMD to VLX
Amount19:26 today
0.5BMD26.75 VLX
1BMD53.51 VLX
5BMD267.54 VLX
10BMD535.07 VLX
50BMD2,675.36 VLX
100BMD5,350.72 VLX
500BMD26,753.59 VLX
1000BMD53,507.17 VLX
Today vs. 24 hours ago
| Amount | 19:26 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VLX | $0.009345 | $0.009470 | -1.31% |
| 1 VLX | $0.01869 | $0.01894 | -1.31% |
| 5 VLX | $0.09345 | $0.09470 | -1.31% |
| 10 VLX | $0.1869 | $0.1894 | -1.31% |
| 50 VLX | $0.9345 | $0.9470 | -1.31% |
| 100 VLX | $1.87 | $1.89 | -1.31% |
| 500 VLX | $9.34 | $9.47 | -1.31% |
| 1000 VLX | $18.69 | $18.94 | -1.31% |
Today vs. 1 month ago
| Amount | 19:26 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VLX | $0.009345 | $0.005684 | +63.80% |
| 1 VLX | $0.01869 | $0.01137 | +63.80% |
| 5 VLX | $0.09345 | $0.05684 | +63.80% |
| 10 VLX | $0.1869 | $0.1137 | +63.80% |
| 50 VLX | $0.9345 | $0.5684 | +63.80% |
| 100 VLX | $1.87 | $1.14 | +63.80% |
| 500 VLX | $9.34 | $5.68 | +63.80% |
| 1000 VLX | $18.69 | $11.37 | +63.80% |
Today vs. 1 year ago
| Amount | 19:26 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VLX | $0.009345 | $0.007631 | +22.30% |
| 1 VLX | $0.01869 | $0.01526 | +22.30% |
| 5 VLX | $0.09345 | $0.07631 | +22.30% |
| 10 VLX | $0.1869 | $0.1526 | +22.30% |
| 50 VLX | $0.9345 | $0.7631 | +22.30% |
| 100 VLX | $1.87 | $1.53 | +22.30% |
| 500 VLX | $9.34 | $7.63 | +22.30% |
| 1000 VLX | $18.69 | $15.26 | +22.30% |
Velas price prediction
What will the price of VLX be in 2025?
Based on VLX's historical price performance prediction model, the price of VLX is projected to reach $0.02240 in 2025.
What will the price of VLX be in 2030?
In 2030, the VLX price is expected to change by -6.00%. By the end of 2030, the VLX price is projected to reach $0.02763, with a cumulative ROI of +35.10%.
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Popular Velas conversions
Check out these popular currency conversions of Velas to several fiat currencies.
Velas to USD
1 VLX to $ 0.01869 USD
Velas to GBP
1 VLX to £ 0.01480 GBP
Velas to EUR
1 VLX to € 0.01771 EUR
Velas to KRW
1 VLX to ₩ 26.07 KRW
Velas to CAD
1 VLX to $ 0.02633 CAD
Velas to AUD
1 VLX to $ 0.02891 AUD
Velas to JPY
1 VLX to ¥ 2.88 JPY
Velas to BRL
1 VLX to R$ 0.1083 BRL
Velas to CNY
1 VLX to ¥ 0.1352 CNY
Velas to TWD
1 VLX to NT$ 0.6072 TWD
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Explore other cryptocurrencies based on your interest in Velas.
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1 SXCH to $ 0.02711 BMD
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1 ELON to $ 0.{6}2161 BMD
Bitcoin to BMD
1 BTC to $ 89,443.93 BMD
XRP to BMD
1 XRP to $ 0.8908 BMD
Act I : The AI Prophecy to BMD
1 ACT to $ 0.7214 BMD
Solana to BMD
1 SOL to $ 210.93 BMD
Sui to BMD
1 SUI to $ 3.31 BMD
Merlin Chain to BMD
1 MERL to $ 0.2718 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 Velas 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 Velas 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 Velas 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.
