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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.64%
New listings on Bitget: Pi Network
BTC/USDT$84963.65 (+2.11%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$60.6M (1D); +$218.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.64%
New listings on Bitget: Pi Network
BTC/USDT$84963.65 (+2.11%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$60.6M (1D); +$218.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
PKF
BMD
Last updated as of 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 Red Kite(PKF) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 PKF at a value of 1 PKF for 0.01 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 Red Kite currency pair is the PKF to BMD, with for Red Kite's currency code being PKF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
PKF to BMD conversion rate trend
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In the past 1D, Red Kite has changed -1.08% to BMD. Based on the trend and price charts, Red Kite(PKF) has changed -1.08% to BMD while Bermudan Dollar(BMD) has changed % to PKF in the last 24 hours.
PKF to BMD market statistics
PKF/BMD:
$ 0.009051
PKF 24h volume:
$ 947.42
PKF market cap:
$ 1,038,093.4
PKF circulating supply:
114.69M PKF
More info about Red Kite on Bitget
Current PKF to BMD exchange rate
Red Kite to Bermudan Dollar is falling this week.Red Kite's current market price is $ 0.009051 per PKF, with a total market cap of $ 1,038,093.4 BMD based on a circulating supply of 114,692,136 PKF. The trading volume of Red Kite has changed by -60.95% ($ -1,478.45 BMD) in the last 24 hours. Last trading day, PKF's trading volume was $ 2,425.87.
PKF to BMD Conversion tables
The exchange rate of Red Kite is decreasing.1 PKF is currently valued at $ 0.009051 BMD , which means buying 5 PKF will cost $ 0.04526 BMD . Similarly, $1 BMD can be traded for 110.48 PKF, and $50 BMD can be converted to 5,524.17 PKF, excluding any platform or gas fees.
The exchange rate of 1 PKF to Bermudan Dollar has changed by -4.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.08%, reaching a high of 0.009352 BMD and a low of 0.008570 BMD . One month ago, the value of 1 PKF was $ 0.01144 BMD , which represents a -20.89% change from its current value. Over the last year, Red Kite has changed by , resulting in a change of -91.62% in its value.
-$
0.09895BMDPKF to BMD
Amount
19:23 today
0.5 PKF
$0.004526
1 PKF
$0.009051
5 PKF
$0.04526
10 PKF
$0.09051
50 PKF
$0.4526
100 PKF
$0.9051
500 PKF
$4.53
1000 PKF
$9.05
BMD to PKF
Amount19:23 today
0.5BMD55.24 PKF
1BMD110.48 PKF
5BMD552.42 PKF
10BMD1,104.83 PKF
50BMD5,524.17 PKF
100BMD11,048.35 PKF
500BMD55,241.73 PKF
1000BMD110,483.45 PKF
PKF to BMD Today vs. 24 hours ago
| Amount | 19:23 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PKF | $0.004526 | $0.004575 | -1.08% |
| 1 PKF | $0.009051 | $0.009150 | -1.08% |
| 5 PKF | $0.04526 | $0.04575 | -1.08% |
| 10 PKF | $0.09051 | $0.09150 | -1.08% |
| 50 PKF | $0.4526 | $0.4575 | -1.08% |
| 100 PKF | $0.9051 | $0.9150 | -1.08% |
| 500 PKF | $4.53 | $4.58 | -1.08% |
| 1000 PKF | $9.05 | $9.15 | -1.08% |
PKF to BMD Today vs. 1 month ago
| Amount | 19:23 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PKF | $0.004526 | $0.005720 | -20.89% |
| 1 PKF | $0.009051 | $0.01144 | -20.89% |
| 5 PKF | $0.04526 | $0.05720 | -20.89% |
| 10 PKF | $0.09051 | $0.1144 | -20.89% |
| 50 PKF | $0.4526 | $0.5720 | -20.89% |
| 100 PKF | $0.9051 | $1.14 | -20.89% |
| 500 PKF | $4.53 | $5.72 | -20.89% |
| 1000 PKF | $9.05 | $11.44 | -20.89% |
PKF to BMD Today vs. 1 year ago
| Amount | 19:23 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PKF | $0.004526 | $0.05400 | -91.62% |
| 1 PKF | $0.009051 | $0.1080 | -91.62% |
| 5 PKF | $0.04526 | $0.5400 | -91.62% |
| 10 PKF | $0.09051 | $1.08 | -91.62% |
| 50 PKF | $0.4526 | $5.4 | -91.62% |
| 100 PKF | $0.9051 | $10.8 | -91.62% |
| 500 PKF | $4.53 | $54 | -91.62% |
| 1000 PKF | $9.05 | $108 | -91.62% |
How to convert PKF to BMD
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert PKF to BMD
Use a variety of payment options to buy Red Kite on Bitget. We'll show you how.
Buy PKF (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of PKF with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy PKF 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 PKF (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of PKF to BMD. However, you can first exchange PKF 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 |
|---|
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What factors influence the conversion rate of PKF to BMD?
There are many factors that affect the relationship between Red Kite and Bermudan Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PKF/BMD. When there is positive news in the market about the widespread adoption of PKF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PKF/BMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PKF/BMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PKF/BMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Red Kite and adjust their investment strategies accordingly in the evolving market.
Red Kite price prediction
What will the price of PKF be in 2026?
Based on PKF's historical price performance prediction model, the price of PKF is projected to reach $0.009617 in 2026.
What will the price of PKF be in 2031?
In 2031, the PKF price is expected to change by +30.00%. By the end of 2031, the PKF price is projected to reach $0.02239, with a cumulative ROI of +147.71%.
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Popular Red Kite Converter
Check out these popular currency conversions of Red Kite to several fiat currencies.
PKF to TWD
1 PKF to NT$ 0.3009 TWD
PKF to CNY
1 PKF to ¥ 0.06584 CNY
PKF to BMD
1 PKF to $ 0.009051 BMD
PKF to USD
1 PKF to $ 0.009051 USD
PKF to EUR
1 PKF to € 0.008379 EUR
PKF to CAD
1 PKF to $ 0.01296 CAD
PKF to KRW
1 PKF to ₩ 13.31 KRW
PKF to JPY
1 PKF to ¥ 1.35 JPY
PKF to GBP
1 PKF to £ 0.007000 GBP
PKF to BRL
1 PKF to R$ 0.05147 BRL
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Explore other cryptocurrencies based on your interest in Red Kite.
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1 ACT to $ 0.09021 BMD
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1 COMP to $ 47.1 BMD
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1 BNB to $ 608.18 BMD
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1 SUI to $ 2.43 BMD
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1 DEXE to $ 13.74 BMD
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1 PEPE to $ 0.{5}7676 BMD
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1 EOS to $ 0.6784 BMD
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1 MASK to $ 1.68 BMD
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1 FARTCOIN to $ 0.5071 BMD
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1 PNUT to $ 0.1655 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 Red Kite 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 Red Kite 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 Red Kite 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.
