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AUD to BMD - Compare Exchange Rates

Australian Dollar to Bermudan Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD to BMD interbank exchange rate = 0.7103

Right now the AUD/BMD interbank exchange rate is 0.7103. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Bermudan Dollar to Australian Dollar.

This AUD/BMD Converter calculates equivalent Australian Dollar to Bermudan Dollar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / BMD converter & margin calculator


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$BMD
Mid-rates:
 
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1 Week AUD to BMD
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Australian Dollar

Bermudan Dollar

1 AUD 0.7103 BMD
5 AUD 3.5515 BMD
10 AUD 7.1030 BMD
20 AUD 14.21 BMD
50 AUD 35.52 BMD
100 AUD 71.03 BMD
250 AUD 177.58 BMD
500 AUD 355.15 BMD
1,000 AUD 710.30 BMD
2,000 AUD 1,420.60 BMD
5,000 AUD 3,551.50 BMD
10,000 AUD 7,103.00 BMD
50,000 AUD 35,515.00 BMD
100,000 AUD 71,030.00 BMD
See more

Australian Dollar

Bermudan Dollar

1.4078 AUD 1 BMD
7.0390 AUD 5 BMD
14.08 AUD 10 BMD
28.16 AUD 20 BMD
70.39 AUD 50 BMD
140.78 AUD 100 BMD
351.95 AUD 250 BMD
703.90 AUD 500 BMD
1,407.80 AUD 1,000 BMD
2,815.60 AUD 2,000 BMD
7,039.00 AUD 5,000 BMD
14,078.00 AUD 10,000 BMD
70,390.00 AUD 50,000 BMD
140,780.00 AUD 100,000 BMD
See more

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Australian Dollar to Bermudan Dollar (AUD-BMD) - 10 Year History

The below table shows the historic variation in the AUD/BMD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
21 Mar 20190.7107Latest
14 Mar 20190.70681 Week+0.55%
19 Feb 20190.71671 Month-0.84%
22 Sep 20180.72966 Months-2.59%
21 Mar 20180.77751 Year-8.59%
21 Mar 20170.76732 Years-7.38%
22 Mar 20140.90835 Years-21.75%
23 Mar 20090.699910 Years+1.54%

Why can't I just get the AUD/BMD market rate I see on Google or in the Media?

The AUD/BMD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / BMD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/BMD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to BMD exchange rate

  1. Know the latest AUD/BMD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Bermudan Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs BMD, you should pay attention to both Australian Dollar and Bermudan Dollar news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Bermudan Dollar (BMD) - Market news and forecasts

No recent Bermudan Dollar market updates.