


KWD 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.
CRX to KWD conversion rate trend
CRX to KWD market statistics
More info about CryptEx on Bitget
Current CRX to KWD exchange rate
CryptEx to Bermudan Dollar is rising this week.CRX to KWD Conversion tables
The exchange rate of CryptEx is decreasing.CRX to KWD
KWD to CRX
CRX to KWD Today vs. 24 hours ago
Amount | 17:52 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CRX | د.ك0.5038 | د.ك0.5038 | 0.00% |
1 CRX | د.ك1.01 | د.ك1.01 | 0.00% |
5 CRX | د.ك5.04 | د.ك5.04 | 0.00% |
10 CRX | د.ك10.08 | د.ك10.08 | 0.00% |
50 CRX | د.ك50.38 | د.ك50.38 | 0.00% |
100 CRX | د.ك100.75 | د.ك100.75 | 0.00% |
500 CRX | د.ك503.76 | د.ك503.76 | 0.00% |
1000 CRX | د.ك1,007.52 | د.ك1,007.52 | 0.00% |
CRX to KWD Today vs. 1 month ago
Amount | 17:52 today | 1 month ago | 1M change |
---|---|---|---|
0.5 CRX | د.ك0.5038 | د.ك0.5440 | -7.40% |
1 CRX | د.ك1.01 | د.ك1.09 | -7.40% |
5 CRX | د.ك5.04 | د.ك5.44 | -7.40% |
10 CRX | د.ك10.08 | د.ك10.88 | -7.40% |
50 CRX | د.ك50.38 | د.ك54.4 | -7.40% |
100 CRX | د.ك100.75 | د.ك108.8 | -7.40% |
500 CRX | د.ك503.76 | د.ك544 | -7.40% |
1000 CRX | د.ك1,007.52 | د.ك1,088 | -7.40% |
CRX to KWD Today vs. 1 year ago
Amount | 17:52 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 CRX | د.ك0.5038 | د.ك0.5250 | -4.05% |
1 CRX | د.ك1.01 | د.ك1.05 | -4.05% |
5 CRX | د.ك5.04 | د.ك5.25 | -4.05% |
10 CRX | د.ك10.08 | د.ك10.5 | -4.05% |
50 CRX | د.ك50.38 | د.ك52.5 | -4.05% |
100 CRX | د.ك100.75 | د.ك105 | -4.05% |
500 CRX | د.ك503.76 | د.ك525.01 | -4.05% |
1000 CRX | د.ك1,007.52 | د.ك1,050.01 | -4.05% |
How to convert CRX to KWD



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