


SAR 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.
KLIMA to SAR conversion rate trend
KLIMA to SAR market statistics
More info about KlimaDAO on Bitget
Current KLIMA to SAR exchange rate
KlimaDAO to Bermudan Dollar is rising this week.KLIMA to SAR Conversion tables
The exchange rate of KlimaDAO is increasing.KLIMA to SAR
SAR to KLIMA
KLIMA to SAR Today vs. 24 hours ago
Amount | 18:53 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 KLIMA | ر.س0.6235 | ر.س0.6105 | +2.13% |
1 KLIMA | ر.س1.25 | ر.س1.22 | +2.13% |
5 KLIMA | ر.س6.23 | ر.س6.1 | +2.13% |
10 KLIMA | ر.س12.47 | ر.س12.21 | +2.13% |
50 KLIMA | ر.س62.35 | ر.س61.05 | +2.13% |
100 KLIMA | ر.س124.69 | ر.س122.09 | +2.13% |
500 KLIMA | ر.س623.46 | ر.س610.47 | +2.13% |
1000 KLIMA | ر.س1,246.92 | ر.س1,220.95 | +2.13% |
KLIMA to SAR Today vs. 1 month ago
Amount | 18:53 today | 1 month ago | 1M change |
---|---|---|---|
0.5 KLIMA | ر.س0.6235 | ر.س0.5340 | +16.75% |
1 KLIMA | ر.س1.25 | ر.س1.07 | +16.75% |
5 KLIMA | ر.س6.23 | ر.س5.34 | +16.75% |
10 KLIMA | ر.س12.47 | ر.س10.68 | +16.75% |
50 KLIMA | ر.س62.35 | ر.س53.4 | +16.75% |
100 KLIMA | ر.س124.69 | ر.س106.8 | +16.75% |
500 KLIMA | ر.س623.46 | ر.س534.01 | +16.75% |
1000 KLIMA | ر.س1,246.92 | ر.س1,068.03 | +16.75% |
KLIMA to SAR Today vs. 1 year ago
Amount | 18:53 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 KLIMA | ر.س0.6235 | ر.س5.3 | -88.23% |
1 KLIMA | ر.س1.25 | ر.س10.59 | -88.23% |
5 KLIMA | ر.س6.23 | ر.س52.97 | -88.23% |
10 KLIMA | ر.س12.47 | ر.س105.95 | -88.23% |
50 KLIMA | ر.س62.35 | ر.س529.73 | -88.23% |
100 KLIMA | ر.س124.69 | ر.س1,059.47 | -88.23% |
500 KLIMA | ر.س623.46 | ر.س5,297.33 | -88.23% |
1000 KLIMA | ر.س1,246.92 | ر.س10,594.65 | -88.23% |
How to convert KLIMA to SAR



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