


JOD 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.
VITA to JOD conversion rate trend
VITA to JOD market statistics
More info about VitaDAO on Bitget
Current VITA to JOD exchange rate
VitaDAO to Bermudan Dollar is falling this week.VITA to JOD Conversion tables
The exchange rate of VitaDAO is decreasing.VITA to JOD
JOD to VITA
VITA to JOD Today vs. 24 hours ago
Amount | 16:52 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 VITA | د.ا0.2710 | د.ا0.2844 | -4.72% |
1 VITA | د.ا0.5420 | د.ا0.5689 | -4.72% |
5 VITA | د.ا2.71 | د.ا2.84 | -4.72% |
10 VITA | د.ا5.42 | د.ا5.69 | -4.72% |
50 VITA | د.ا27.1 | د.ا28.44 | -4.72% |
100 VITA | د.ا54.2 | د.ا56.89 | -4.72% |
500 VITA | د.ا271.02 | د.ا284.44 | -4.72% |
1000 VITA | د.ا542.05 | د.ا568.88 | -4.72% |
VITA to JOD Today vs. 1 month ago
Amount | 16:52 today | 1 month ago | 1M change |
---|---|---|---|
0.5 VITA | د.ا0.2710 | د.ا0.4109 | -34.03% |
1 VITA | د.ا0.5420 | د.ا0.8217 | -34.03% |
5 VITA | د.ا2.71 | د.ا4.11 | -34.03% |
10 VITA | د.ا5.42 | د.ا8.22 | -34.03% |
50 VITA | د.ا27.1 | د.ا41.09 | -34.03% |
100 VITA | د.ا54.2 | د.ا82.17 | -34.03% |
500 VITA | د.ا271.02 | د.ا410.85 | -34.03% |
1000 VITA | د.ا542.05 | د.ا821.71 | -34.03% |
VITA to JOD Today vs. 1 year ago
Amount | 16:52 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 VITA | د.ا0.2710 | د.ا0.9464 | -71.36% |
1 VITA | د.ا0.5420 | د.ا1.89 | -71.36% |
5 VITA | د.ا2.71 | د.ا9.46 | -71.36% |
10 VITA | د.ا5.42 | د.ا18.93 | -71.36% |
50 VITA | د.ا27.1 | د.ا94.64 | -71.36% |
100 VITA | د.ا54.2 | د.ا189.27 | -71.36% |
500 VITA | د.ا271.02 | د.ا946.36 | -71.36% |
1000 VITA | د.ا542.05 | د.ا1,892.73 | -71.36% |
How to convert VITA to JOD



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