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MAGIK to BMD Converter and calculator

MAGIK/BMD: 1 MAGIK = 0.006832 BMD. The price of converting 1 Magik Finance (MAGIK) to Bermudan Dollar (BMD) is 0.006832 BMD today.
MAGIK
MAGIK
BMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAGIK to BMD real-time exchange rates, making it easy to convert Magik Finance (MAGIK) to Bermudan Dollar (BMD). The conversion result is based on real-time data. The conversion result shows that 1 MAGIK is currently valued at 0.01 BMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAGIK is currently valued at 0.01 BMD, which means buying 5 MAGIK would cost 0.03 BMD. Similarly, $1 BMD can be converted to 146.38 MAGIK, and $50 BMD can be converted to 731.9 MAGIK, excluding any platform or gas fees.

Convert MAGIK to BMD

Convert BMD to MAGIK

Magik Finance
Bermudan Dollar
1 MAGIK
0.006832  BMD
10 MAGIK
0.06832  BMD
100 MAGIK
0.6832  BMD
5000 MAGIK
34.16  BMD
10000 MAGIK
68.32  BMD
In the table above, you'll find a comprehensive MAGIK to BMD converter that shows the value of Magik Finance in Bermudan Dollar across commonly used conversion amounts. The list covers conversions from 1 MAGIK to BMD, all the way up to 10000 MAGIK, providing a clear view of their respective values.
Bermudan Dollar
Magik Finance
500 BMD
73,190.01 MAGIK
1000 BMD
146,380.01 MAGIK
2000 BMD
292,760.03 MAGIK
5000 BMD
731,900.07 MAGIK
10000 BMD
1,463,800.14 MAGIK
50000 BMD
7,319,000.71 MAGIK
100000 BMD
14,638,001.42 MAGIK
In the table above, you'll find a comprehensive BMD to MAGIK converter that shows the value of Bermudan Dollar in Magik Finance across commonly used conversion amounts. The list covers conversions from 1 BMD to MAGIK, all the way up to 100000 BMD, providing a clear view of their respective values.

MAGIK to BMD chart

MAGIK/BMD: 1 MAGIK = 0.006832 BMD; 2025/05/22 11:03:33
In the past 1D, Magik Finance has changed +4.33% to BMD. Based on the trend and price charts, Magik Finance(MAGIK) has changed +4.33% to BMD while Bermudan Dollar(BMD) has changed % to MAGIK in the last 24 hours.
1D7D1M3M1YAll

MAGIK to BMD conversion data: Volatility and price changes of Magik Finance in BMD

The highest Magik Finance price in BMD over the past 7 days was 0.006995 BMD while the lowest Magik Finance price in BMD over the past 7 days was 0.006210 BMD. The relative change between the highs and lows in Magik Finance price in BMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MAGIK to BMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.006832 BMD
0.006995 BMD
0.007881 BMD
0.01188 BMD
Low
0.006435 BMD
0.006210 BMD
0.006082 BMD
0.005163 BMD
Average
0 BMD
0 BMD
0 BMD
0 BMD
Volatility
%
%
%
%
Change
+4.33%
-0.38%
+10.15%
-41.72%

Magik Finance information

MAGIK to BMD market statistics

MAGIK/BMD:
$0.006832
MAGIK 24h volume:
--
MAGIK market cap:
--
MAGIK circulating supply:
0 MAGIK

Current MAGIK to BMD exchange rate

Magik Finance to Bermudan Dollar is falling this week.
Magik Finance's current market price is $0.006832 per MAGIK, with a total market cap of $0 BMD based on a circulating supply of -- MAGIK. The trading volume of Magik Finance has changed by 0.00% ($0 BMD) in the last 24 hours. Last trading day, MAGIK's trading volume was $0.

More info about Magik Finance 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.

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

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How to convert MAGIK to BMD

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Bitget P2P trading does not currently support direct buying of MAGIK with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIK with USDT via Bitget spot market.
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MAGIK to BMD Conversion tables

The exchange rate of Magik Finance is increasing.
The exchange rate of 1 MAGIK to Bermudan Dollar has changed by -0.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.33%, reaching a high of 0.006832 BMD and a low of 0.006435 BMD . One month ago, the value of 1 MAGIK was $0.006202 BMD , which represents a +10.15% change from its current value. Over the last year, Magik Finance has changed by
-$
0.02220BMD
, resulting in a change of -76.47% in its value.
24 hours ago1 month ago1 year ago
Amount11:03 am today24 hours ago24h change
0.5 MAGIK
$0.003416$0.003274
+4.33%
1 MAGIK
$0.006832$0.006548
+4.33%
5 MAGIK
$0.03416$0.03274
+4.33%
10 MAGIK
$0.06832$0.06548
+4.33%
50 MAGIK
$0.3416$0.3274
+4.33%
100 MAGIK
$0.6832$0.6548
+4.33%
500 MAGIK
$3.42$3.27
+4.33%
1000 MAGIK
$6.83$6.55
+4.33%

MAGIK to BMD FAQ

How much is 1 Magik Finance in BMD?
Right now, the price of 1 Magik Finance (MAGIK) in Bermudan Dollar (BMD) is $0.006832.
How much MAGIK can I buy for 1 BMD?
Based on the current exchange rate, you can get 146.38 MAGIK for 1 BMD.
How do I calculate or convert MAGIK to BMD?
You can use our MAGIK to BMD calculator at the top of this page to convert any amount of MAGIK to BMD. We've also included quick-reference tables for the most popular conversions. For example, 5 BMD is equivalent to 731.9 MAGIK, while 5 MAGIK will cost around 0.03416BMD.
What is the highest price of MAGIK/BMD in history?
The all-time high price of 1 MAGIK in BMD is $4.36. It remains to be seen if the value of 1 MAGIK/BMD will exceed the current all-time high.
What is the price trend of Magik Finance in BMD?
Over the past 7 days, the exchange rate of Magik Finance (MAGIK) has gone down by 0.38%.   Over the last month, the exchange rate of Magik Finance (MAGIK) has gone up by 10.15% against Bermudan Dollar (BMD).

What factors influence the conversion rate of MAGIK to BMD?

There are many factors that affect the relationship between Magik Finance 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 MAGIK/BMD. When there is positive news in the market about the widespread adoption of MAGIK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAGIK/BMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAGIK/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 MAGIK/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 Magik Finance and adjust their investment strategies accordingly in the evolving market.

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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.