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Magnetix to Bermudan Dollar (MAG to BMD)

MAG to BMD Converter and calculator

MAG/BMD: 1 MAG = 0.{4}6933 BMD. The price of converting 1 Magnetix (MAG) to Bermudan Dollar (BMD) is 0.{4}6933 BMD today.
MAG
MAG
BMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAG to BMD real-time exchange rates, making it easy to convert Magnetix (MAG) to Bermudan Dollar (BMD). The conversion result is based on real-time data. The conversion result shows that 1 MAG is currently valued at 0.{4}6933 BMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAG is currently valued at 0.{4}6933 BMD, which means buying 5 MAG would cost 0.0003467 BMD. Similarly, $1 BMD can be converted to 14,423.69 MAG, and $50 BMD can be converted to 72,118.43 MAG, excluding any platform or gas fees.

Convert MAG to BMD

Convert BMD to MAG

Magnetix
Bermudan Dollar
1 MAG
0.{4}6933  BMD
Exchange 1 MAG for 0.{4}6933 BMD
2 MAG
0.0001387  BMD
Exchange 2 MAG for 0.0001387 BMD
5 MAG
0.0003467  BMD
Exchange 5 MAG for 0.0003467 BMD
10 MAG
0.0006933  BMD
Exchange 10 MAG for 0.0006933 BMD
20 MAG
0.001387  BMD
Exchange 20 MAG for 0.001387 BMD
50 MAG
0.003467  BMD
Exchange 50 MAG for 0.003467 BMD
100 MAG
0.006933  BMD
Exchange 100 MAG for 0.006933 BMD
200 MAG
0.01387  BMD
Exchange 200 MAG for 0.01387 BMD
500 MAG
0.03467  BMD
Exchange 500 MAG for 0.03467 BMD
1000 MAG
0.06933  BMD
Exchange 1000 MAG for 0.06933 BMD
5000 MAG
0.3467  BMD
Exchange 5000 MAG for 0.3467 BMD
10000 MAG
0.6933  BMD
Exchange 10000 MAG for 0.6933 BMD
In the table above, you'll find a comprehensive MAG to BMD converter that shows the value of Magnetix in Bermudan Dollar across commonly used conversion amounts. The list covers conversions from 1 MAG to BMD, all the way up to 10000 MAG, providing a clear view of their respective values.
Bermudan Dollar
Magnetix
1 BMD
14,423.69 MAG
Exchange 1 BMD for 14,423.69 MAG
10 BMD
144,236.85 MAG
Exchange 10 BMD for 144,236.85 MAG
50 BMD
721,184.25 MAG
Exchange 50 BMD for 721,184.25 MAG
100 BMD
1,442,368.51 MAG
Exchange 100 BMD for 1,442,368.51 MAG
200 BMD
2,884,737.02 MAG
Exchange 200 BMD for 2,884,737.02 MAG
500 BMD
7,211,842.54 MAG
Exchange 500 BMD for 7,211,842.54 MAG
1000 BMD
14,423,685.08 MAG
Exchange 1000 BMD for 14,423,685.08 MAG
2000 BMD
28,847,370.15 MAG
Exchange 2000 BMD for 28,847,370.15 MAG
5000 BMD
72,118,425.38 MAG
Exchange 5000 BMD for 72,118,425.38 MAG
10000 BMD
144,236,850.76 MAG
Exchange 10000 BMD for 144,236,850.76 MAG
50000 BMD
721,184,253.78 MAG
Exchange 50000 BMD for 721,184,253.78 MAG
100000 BMD
1,442,368,507.56 MAG
Exchange 100000 BMD for 1,442,368,507.56 MAG
In the table above, you'll find a comprehensive BMD to MAG converter that shows the value of Bermudan Dollar in Magnetix across commonly used conversion amounts. The list covers conversions from 1 BMD to MAG, all the way up to 100000 BMD, providing a clear view of their respective values.

MAG to BMD chart

MAG/BMD: 1 MAG = 0.{4}6933 BMD; 2026/01/08 10:06:01
In the past 1D, Magnetix has changed -1.74% to BMD. Based on the trend and price charts, Magnetix(MAG) has changed -1.74% to BMD while Bermudan Dollar(BMD) has changed % to MAG in the last 24 hours.
1D7D1M3M1YAll

MAG to BMD conversion data: Volatility and price changes of Magnetix in BMD

The highest Magnetix price in BMD over the past 7 days was 0.{4}7056 BMD while the lowest Magnetix price in BMD over the past 7 days was 0.{4}6355 BMD. The relative change between the highs and lows in Magnetix price in BMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MAG to BMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.{4}7056 BMD
0.{4}7056 BMD
0.{4}7586 BMD
0.0002021 BMD
Low
0.{4}6852 BMD
0.{4}6355 BMD
0.{4}5966 BMD
0.{4}5966 BMD
Average
0 BMD
0 BMD
0 BMD
0 BMD
Volatility
%
%
%
%
Change
-1.74%
+9.09%
-1.30%
-65.70%

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Bitget P2P trading does not currently support direct buying of MAG with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy MAG with USDT via Bitget spot market.
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Magnetix information

MAG to BMD market statistics

MAG/BMD:
$0.{4}6933
MAG 24h volume:
--
MAG market cap:
--
MAG circulating supply:
0 MAG

Current MAG to BMD exchange rate

Magnetix to Bermudan Dollar is rising this week.
Magnetix's current market price is $0.--6933 per MAG, with a total market cap of $0 BMD based on a circulating supply of {4} MAG. The trading volume of Magnetix has changed by 0.00% ($0 BMD) in the last 24 hours. Last trading day, MAG's trading volume was $0.

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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.

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

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1 MAG to AU$0.0001035 AUD
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1 MAG to ₩0.1006 KRW
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1 MAG to R$0.0003734 BRL

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MAG to BMD Conversion tables

The exchange rate of Magnetix is decreasing.
The exchange rate of 1 MAG to Bermudan Dollar has changed by +9.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.74%, reaching a high of 0.{4}7056 BMD and a low of 0.{4}6852 BMD . One month ago, the value of 1 MAG was $0.{4}7024 BMD , which represents a -1.30% change from its current value. Over the last year, Magnetix has changed by
+$
0.{4}6933BMD
, resulting in a change of -76.01% in its value.
24 hours ago1 month ago1 year ago
Amount 10:06 am today 24 hours ago 24h change
0.5 MAG
$0.{4}3467$0.{4}3528
-1.74%
1 MAG
$0.{4}6933$0.{4}7056
-1.74%
5 MAG
$0.0003467$0.0003528
-1.74%
10 MAG
$0.0006933$0.0007056
-1.74%
50 MAG
$0.003467$0.003528
-1.74%
100 MAG
$0.006933$0.007056
-1.74%
500 MAG
$0.03467$0.03528
-1.74%
1000 MAG
$0.06933$0.07056
-1.74%

MAG to BMD FAQ

How much is 1 Magnetix in BMD?
Right now, the price of 1 Magnetix (MAG) in Bermudan Dollar (BMD) is $0.{4}6933.
How much MAG can I buy for 1 BMD?
Based on the current exchange rate, you can get 14,423.69 MAG for 1 BMD.
How do I calculate or convert MAG to BMD?
You can use our MAG to BMD calculator at the top of this page to convert any amount of MAG to BMD. We've also included quick-reference tables for the most popular conversions. For example, 5 BMD is equivalent to 72,118.43 MAG, while 5 MAG will cost around 0.0003467BMD.
What is the highest price of MAG/BMD in history?
The all-time high price of 1 MAG in BMD is $0.03586. It remains to be seen if the value of 1 MAG/BMD will exceed the current all-time high.
What is the price trend of Magnetix in BMD?
Over the past 7 days, the exchange rate of Magnetix (MAG) has gone up by 9.09%.   Over the last month, the exchange rate of Magnetix (MAG) has gone down by 1.30% against Bermudan Dollar (BMD).

What factors influence the conversion rate of MAG to BMD?

There are many factors that affect the relationship between Magnetix and Bermudan Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MAG/BMD. When there is positive news in the market about the widespread adoption of MAG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAG/BMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAG/BMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MAG/BMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Magnetix and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Magnetix currency pairs: MAG to US Dollar (USD), MAG to Euro (EUR), MAG to Pound Sterling (GBP), MAG to Canadian Dollar (CAD), MAG to Indian Rupee (INR), MAG to Pakistani Rupee (PKR), MAG to Brazilian Real (BRL), MAG to…
The price of Magnetix in the US is $0.C$0.{4}96206933 USD. Additionally, Magnetix’s price is €0.{4}5937 EUR in the eurozone, £0.{4}5157 GBP in the UK, {4} CAD in Canada, ₹0.006243 INR in India, ₨0.01942 PKR in Pakistan, R$0.0003734 BRL in Brazil, and more.
The most popular Magnetix currency pair is the MAG to Bermudan Dollar(BMD). The price of 1 Magnetix (MAG) in Bermudan Dollar (BMD) is $0.{4}6933.

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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.
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