KFT
BMD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Knit Finance(KFT) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 KFT at a value of 1 KFT for 0.00 BMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
BMD 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.
Bitget crypto-to-fiat exchange data shows that the most popular Knit Finance currency pair is the KFT to BMD, with for Knit Finance's currency code being KFT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
KFT to BMD conversion rate trend
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In the past 1D, Knit Finance has changed +4.99% to BMD. Based on the trend and price charts, Knit Finance(KFT) has changed +4.99% to BMD while Bermudan Dollar(BMD) has changed % to KFT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.002621 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.002624 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 08:00:17(UTC+0)
How to buy Knit Finance
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Knit Finance (KFT)
Use a variety of payment options to buy Knit Finance on Bitget. We'll show you how.
Buy KFT (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of KFT with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy KFT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell KFT (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of KFT to BMD. However, you can first exchange KFT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
No matching ads found.
What factors influence the conversion rate of Knit Finance to Bermudan Dollar?
Knit Finance to Bermudan Dollar is falling this week.Knit Finance's current market price is $ 0.002671 per KFT, with a total market cap of $ 13,088.38 BMD based on a circulating supply of 4,900,000 KFT. The trading volume of Knit Finance has changed by -38.55% ($ -1,313.52 BMD) in the last 24 hours. Last trading day, KFT's trading volume was $ 3,407.74.
Market cap
$13.09K
24h volume
$2.09K
Circulating supply
4.90M KFT
Conversion tables
The exchange rate of Knit Finance is decreasing.1 KFT is currently valued at $ 0.002671 BMD , which means buying 5 KFT will cost $ 0.01336 BMD . Similarly, $1 BMD can be traded for 374.38 KFT, and $50 BMD can be converted to 18,718.89 KFT, excluding any platform or gas fees.
The exchange rate of 1 KFT to Bermudan Dollar has changed by -1.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.99%, reaching a high of 0.002673 BMD and a low of 0.002539 BMD . One month ago, the value of 1 KFT was $ 0.003122 BMD , which represents a -14.45% change from its current value. Over the last year, Knit Finance has changed by , resulting in a change of -31.39% in its value.
-$
0.001222BMDKFT to BMD
Amount
13:26 today
0.5 KFT
$0.001336
1 KFT
$0.002671
5 KFT
$0.01336
10 KFT
$0.02671
50 KFT
$0.1336
100 KFT
$0.2671
500 KFT
$1.34
1000 KFT
$2.67
BMD to KFT
Amount13:26 today
0.5BMD187.19 KFT
1BMD374.38 KFT
5BMD1,871.89 KFT
10BMD3,743.78 KFT
50BMD18,718.89 KFT
100BMD37,437.78 KFT
500BMD187,188.9 KFT
1000BMD374,377.79 KFT
Today vs. 24 hours ago
| Amount | 13:26 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 KFT | $0.001336 | $0.001272 | +4.99% |
| 1 KFT | $0.002671 | $0.002544 | +4.99% |
| 5 KFT | $0.01336 | $0.01272 | +4.99% |
| 10 KFT | $0.02671 | $0.02544 | +4.99% |
| 50 KFT | $0.1336 | $0.1272 | +4.99% |
| 100 KFT | $0.2671 | $0.2544 | +4.99% |
| 500 KFT | $1.34 | $1.27 | +4.99% |
| 1000 KFT | $2.67 | $2.54 | +4.99% |
Today vs. 1 month ago
| Amount | 13:26 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 KFT | $0.001336 | $0.001561 | -14.45% |
| 1 KFT | $0.002671 | $0.003122 | -14.45% |
| 5 KFT | $0.01336 | $0.01561 | -14.45% |
| 10 KFT | $0.02671 | $0.03122 | -14.45% |
| 50 KFT | $0.1336 | $0.1561 | -14.45% |
| 100 KFT | $0.2671 | $0.3122 | -14.45% |
| 500 KFT | $1.34 | $1.56 | -14.45% |
| 1000 KFT | $2.67 | $3.12 | -14.45% |
Today vs. 1 year ago
| Amount | 13:26 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 KFT | $0.001336 | $0.001946 | -31.39% |
| 1 KFT | $0.002671 | $0.003893 | -31.39% |
| 5 KFT | $0.01336 | $0.01946 | -31.39% |
| 10 KFT | $0.02671 | $0.03893 | -31.39% |
| 50 KFT | $0.1336 | $0.1946 | -31.39% |
| 100 KFT | $0.2671 | $0.3893 | -31.39% |
| 500 KFT | $1.34 | $1.95 | -31.39% |
| 1000 KFT | $2.67 | $3.89 | -31.39% |
Knit Finance price prediction
What will the price of KFT be in 2025?
Based on KFT's historical price performance prediction model, the price of KFT is projected to reach $0.004115 in 2025.
What will the price of KFT be in 2030?
In 2030, the KFT price is expected to change by -12.00%. By the end of 2030, the KFT price is projected to reach $0.005848, with a cumulative ROI of +116.39%.
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Popular Knit Finance conversions
Check out these popular currency conversions of Knit Finance to several fiat currencies.
Knit Finance to USD
1 KFT to $ 0.002671 USD
Knit Finance to GBP
1 KFT to £ 0.002132 GBP
Knit Finance to EUR
1 KFT to € 0.002570 EUR
Knit Finance to KRW
1 KFT to ₩ 3.88 KRW
Knit Finance to CAD
1 KFT to $ 0.003850 CAD
Knit Finance to AUD
1 KFT to $ 0.004284 AUD
Knit Finance to JPY
1 KFT to ¥ 0.4198 JPY
Knit Finance to BRL
1 KFT to R$ 0.01641 BRL
Knit Finance to CNY
1 KFT to ¥ 0.01951 CNY
Knit Finance to TWD
1 KFT to NT$ 0.08730 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in Knit Finance.
Bitcoin to BMD
1 BTC to $ 95,765.25 BMD
Ethereum to BMD
1 ETH to $ 3,336.19 BMD
Aave to BMD
1 AAVE to $ 336.64 BMD
Verge to BMD
1 XVG to $ 0.01245 BMD
QuarkChain to BMD
1 QKC to $ 0.01165 BMD
Frax Share to BMD
1 FXS to $ 3.19 BMD
Steem to BMD
1 STEEM to $ 0.2685 BMD
Algorand to BMD
1 ALGO to $ 0.3608 BMD
Curve DAO Token to BMD
1 CRV to $ 0.8713 BMD
XRP to BMD
1 XRP to $ 2.2 BMD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Knit Finance and BMD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Knit Finance and BMD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Knit Finance in BMD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
