KT to BMD Converter and calculator


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Convert KT to BMD
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KT to BMD chart
KT to BMD conversion data: Volatility and price changes of KingdomX in BMD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0004052 BMD | 0.0004250 BMD | 0.0004643 BMD | 0.0006472 BMD |
Low | 0.0003890 BMD | 0.0003797 BMD | 0.0003797 BMD | 0.0003797 BMD |
Average | 0 BMD | 0 BMD | 0 BMD | 0 BMD |
Volatility | % | % | % | % |
Change | +0.03% | -4.28% | -10.91% | -34.73% |
KingdomX information
KT to BMD market statistics
Current KT to BMD exchange rate
KingdomX to Bermudan Dollar is falling this week.More info about KingdomX 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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KT to BMD Conversion tables
Amount | 10:11 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 KT | $0.0001981 | $0.0001981 | +0.03% |
1 KT | $0.0003963 | $0.0003961 | +0.03% |
5 KT | $0.001981 | $0.001981 | +0.03% |
10 KT | $0.003963 | $0.003961 | +0.03% |
50 KT | $0.01981 | $0.01981 | +0.03% |
100 KT | $0.03963 | $0.03961 | +0.03% |
500 KT | $0.1981 | $0.1981 | +0.03% |
1000 KT | $0.3963 | $0.3961 | +0.03% |
KT to BMD FAQ
What factors influence the conversion rate of KT to BMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of KingdomX in the US is $0.0003963 USD. Additionally, KingdomX’s price is €0.0003451 EUR in the eurozone, £0.0002954 GBP in the UK, C$0.0005460 CAD in Canada, ₹0.03437 INR in India, ₨0.1128 PKR in Pakistan, R$0.002195 BRL in Brazil, and more.
The most popular KingdomX currency pair is the KT to Bermudan Dollar(BMD). The price of 1 KingdomX (KT) in Bermudan Dollar (BMD) is $0.0003963.
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