The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
USD to BMD Market Data
US dollar (USD) to Bermudan dollar (BMD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell USD →
Buy BMD
1 USD = 1.0000 BMD
—
USD to BMD is steady at its 3-month average 1.
|
Tracker
1 BMD =
1.0000 USD
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Is the USD to BMD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Bermudan dollar is to review how the USD/BMD rate has changed over time.
The table below shows the percentage change in the USD to BMD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
USD/BMD
Change
Period
07 Jul 2023
1.0000
no change
2 Week
22 Apr 2023
1.0000
no change
3 Month
21 Jul 2022
1.0000
no change
1 Year
22 Jul 2018
1.0000
no change
5 Year
23 Jul 2013
1.0000
no change
10 Year
26 Jul 2003
1.0000
no change
20 Year
USD/BMD historic rates & change to 21-Jul-2023
USD to BMD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Bermudan dollar across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to BMD?
The best USD to BMD exchange rate is 0.9935 from Wise. This is -0.65% compared to the mid-market rate 1.0000.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Bermudan dollar (BMD) rates from different sources before making a conversion.
The above
Dollar to Bermudan dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-BMD mid-rate and the possible savings of using various providers.
How do USD-BMD rates compare between providers?
Looking at the
full comparison table
the best USD to BMD exchange rate is 0.9935 from Wise, -0.65% from the mid-market rate 1.0000. The next best rate is 0.976 from WorldRemit, -2.4% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.