


CZK 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.
WRX to CZK conversion rate trend
WRX to CZK market statistics
More info about WazirX on Bitget
Current WRX to CZK exchange rate
WazirX to Bermudan Dollar is rising this week.WRX to CZK Conversion tables
The exchange rate of WazirX is increasing.WRX to CZK
CZK to WRX
WRX to CZK Today vs. 24 hours ago
Amount | 00:10 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 WRX | Kč0.2793 | Kč0.2769 | +0.85% |
1 WRX | Kč0.5586 | Kč0.5539 | +0.85% |
5 WRX | Kč2.79 | Kč2.77 | +0.85% |
10 WRX | Kč5.59 | Kč5.54 | +0.85% |
50 WRX | Kč27.93 | Kč27.69 | +0.85% |
100 WRX | Kč55.86 | Kč55.39 | +0.85% |
500 WRX | Kč279.29 | Kč276.95 | +0.85% |
1000 WRX | Kč558.59 | Kč553.89 | +0.85% |
WRX to CZK Today vs. 1 month ago
Amount | 00:10 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 WRX | Kč0.2793 | Kč0.2265 | +23.25% |
1 WRX | Kč0.5586 | Kč0.4529 | +23.25% |
5 WRX | Kč2.79 | Kč2.26 | +23.25% |
10 WRX | Kč5.59 | Kč4.53 | +23.25% |
50 WRX | Kč27.93 | Kč22.65 | +23.25% |
100 WRX | Kč55.86 | Kč45.29 | +23.25% |
500 WRX | Kč279.29 | Kč226.47 | +23.25% |
1000 WRX | Kč558.59 | Kč452.94 | +23.25% |
WRX to CZK Today vs. 1 year ago
Amount | 00:10 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 WRX | Kč0.2793 | Kč2.47 | -88.66% |
1 WRX | Kč0.5586 | Kč4.94 | -88.66% |
5 WRX | Kč2.79 | Kč24.69 | -88.66% |
10 WRX | Kč5.59 | Kč49.38 | -88.66% |
50 WRX | Kč27.93 | Kč246.9 | -88.66% |
100 WRX | Kč55.86 | Kč493.81 | -88.66% |
500 WRX | Kč279.29 | Kč2,469.03 | -88.66% |
1000 WRX | Kč558.59 | Kč4,938.07 | -88.66% |
How to convert WRX to CZK



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