Bermuda - Bermudan Dollar - Currency Guide

This is a currency guide to Bermuda, the Bermudan Dollar currency plus sending (BMD) transfers and travel tips for Bermuda.

 
 
CountryBermuda
FlagBermuda
Country CodeBM
Domestic Currency Bermudan Dollar
Currency SymbolB$
Currency CodeBMD
Exchange RateUSD/BMD = 1
Telephone Prefix+1441

Quick Conversions from US Dollar to Bermudan Dollar

USD

BMD

U$ 1
B$ 1.0000
U$ 5
B$ 5.0000
U$ 10
B$ 10.00
U$ 20
B$ 20.00
U$ 50
B$ 50.00
U$ 100
B$ 100.00
U$ 250
B$ 250.00
U$ 500
B$ 500.00
U$ 1,000
B$ 1,000
U$ 2,000
B$ 2,000
U$ 5,000
B$ 5,000
U$ 10,000
B$ 10,000
U$ 50,000
B$ 50,000
U$ 100,000
B$ 100,000
More amounts

USD

BMD

U$ 1.0000
B$ 1
U$ 5.0000
B$ 5
U$ 10.00
B$ 10
U$ 20.00
B$ 20
U$ 50.00
B$ 50
U$ 100.00
B$ 100
U$ 250.00
B$ 250
U$ 500.00
B$ 500
U$ 1,000
B$ 1,000
U$ 2,000
B$ 2,000
U$ 5,000
B$ 5,000
U$ 10,000
B$ 10,000
U$ 50,000
B$ 50,000
U$ 100,000
B$ 100,000
More amounts

To calculate specific USD/BMD amounts use our Convert USD to BMD quick calculator.

Bermuda Currency Info


Frequently Asked Questions


What currency should I use in Bermuda?

The domestic currency in Bermuda is the Bermudan Dollar.

What is the Bermudan Dollar currency code and symbol?

The three letter currency code for the Bermudan Dollar is BMD — symbol is B$.

How much is U$100 US Dollars in Bermudan Dollars?

U$ 100 converts to B$ 100.00

Which countries use the Bermudan Dollar?

It is the domestic currency in Bermuda.

Is the Bermudan Dollar a closed currency?

No, the Bermudan Dollar is freely available and convertible. See guide: What is a closed currency?


Bermudan Dollar (BMD) in the markets

The interactive chart below shows the USD to BMD exchange rate and trend for the previous 3 months:

USD to BMD was steady at the 90-day average 1. There are no current rate alerts.
25-FEB 5PM-NY 10PM-LON | 26-Feb 9AM-SYD

Travel, Currency and Money saving tips for Bermuda

The Bermuda dollar is pegged to the U.S dollar through gold on an equal basis i.e. BD$1 = US$1. Although the legal tender is the BD, USD is generally accepted in shops, restaurants and hotels. ATMs are plentiful making cash easily accessible but, as always, be wary of possible fees imposed for each withdrawal. it's wise to always have some petty cash on you as you'll need it to pay for bus and ferry tickets, taking taxis, tipping bellhops, and paying in some cheaper restaurants. BDs are difficult to exchange outside of the country so exchange any remaining dollars before you leave.

 

Travel money for Bermuda

Save money and time by Ordering your Bermudan Dollars online from Travelex, you get better rates and can pick up the BMD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Bermudan Dollars otherwise you may get much worst exchange rates.

 

Bermuda Trip Checklist    

 
  1. Compare BMD travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Bermuda
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Bermuda

When searching around for information on how to get a good exchange rate when sending money to Bermuda you need to start with finding out the latest Bermudan Dollar foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to Bermuda

When sending money to Bermuda it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Bermudan Dollar amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted BMD amount will be transfered to the recipient account you specify in Bermuda.

Use our Send to Bermudan Dollars calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Bermudan Dollars deposited into the recipient bank account and less margins and fees kept by the banks!

 

Bank Transfers to Bermuda

Compare Transfer Rates

Bermudan Dollar to US Dollar - Historical Rates

PeriodBMD/USDDate
1 Day1.000023 Feb 2020
7 Day1.000017 Feb 2020
30 Day1.000025 Jan 2020
3 Month1.000026 Nov 2019
1 Year1.000024 Feb 2019
5 Year1.000025 Feb 2015
10 Year1.000026 Feb 2010

Bermudan Dollar to Euro - Historical Rates

PeriodBMD/EURDate
1 Day0.922623 Feb 2020
7 Day0.922617 Feb 2020
30 Day0.907025 Jan 2020
3 Month0.907226 Nov 2019
1 Year0.881724 Feb 2019
5 Year0.880025 Feb 2015
10 Year0.734126 Feb 2010

Bermudan Dollar to Pound Sterling - 10 Year History

PeriodBMD/GBPDate
1 Day0.772123 Feb 2020
7 Day0.768917 Feb 2020
30 Day0.764925 Jan 2020
3 Month0.777626 Nov 2019
1 Year0.765524 Feb 2019
5 Year0.644025 Feb 2015
10 Year0.656826 Feb 2010

Bermudan Dollar to Australian Dollar - Historical Rates

PeriodBMD/AUDDate
1 Day1.513923 Feb 2020
7 Day1.490417 Feb 2020
30 Day1.464525 Jan 2020
3 Month1.473426 Nov 2019
1 Year1.397224 Feb 2019
5 Year1.268325 Feb 2015
10 Year1.118326 Feb 2010

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