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Bermuda Dollar to British Pound Exchange Rate History - XTransfer

Bermuda Dollar to British Pound Historical Exchange Rates

Welcome to the BMD to GBP exchange rate history page. This page contains detailed daily historical exchange rates between BMD and GBP from 2025-3-8 to 2026-04-28, making it easy to look up and reference.

Amount
Result

1 BMD = 0.737926 GBP

00:30 Exchange Rate

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1 Bermuda Dollar to British Pound Historical Exchange Rate Trends

1 BMD = -- GBP

00:30 Exchange Rate

BMD - GBP+0%
7D
1M
3M
Invalid DateInvalid Date

1 Bermuda Dollar to British Pound Data Statistics

This section organizes the historical exchange rate data of 1 BMD to GBP, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
0.737926
0.741812
0.759503
0.759503
Low
0.737926
0.73711
0.73711
0.7227
Average
0.737926
0.739385
0.745659
0.743092

Past 7 days historical exchange rates

Below are the daily average exchange rates of BMD to GBP for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of GBP to BMD, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

BMD to GBP - Last 7 Days

BMDBMDGBPGBP
2026-04-28
0.737926
BMDBMDGBPGBP
2026-04-27
0.738307
BMDBMDGBPGBP
2026-04-26
0.739044
BMDBMDGBPGBP
2026-04-25
0.739973
BMDBMDGBPGBP
2026-04-24
0.741812
BMDBMDGBPGBP
2026-04-23
0.740878
BMDBMDGBPGBP
2026-04-22
0.740439

GBP to BMD - Last 7 Days

GBPGBPBMDBMD
2026-04-28
1.355149
GBPGBPBMDBMD
2026-04-27
1.35445
GBPGBPBMDBMD
2026-04-26
1.353099
GBPGBPBMDBMD
2026-04-25
1.351401
GBPGBPBMDBMD
2026-04-24
1.34805
GBPGBPBMDBMD
2026-04-23
1.34975
GBPGBPBMDBMD
2026-04-22
1.35055

BMDBMD - Bermudian Dollar

The Bermuda dollar has been the official currency of Bermuda since 1970 and circulates at par with the US dollar. Although the US dollar is widely accepted in transactions on the island, the BMD still plays the role of legal tender in local taxation, wages and banking systems. Its design reflects the rich interweaving characteristics of the Commonwealth and island culture.

  • Supporting unit:1 yuan = 100 fen
  • Denomination of banknotes:Circulating U.S. dollar bills with denominations equivalent to U.S. dollar notes.
  • Reserve currency:No, the scale of the currency is relatively small.
  • Banknote material:Standard material for U.S. dollar bills.
  • Metal composition:Copper-nickel alloy, nickel-plated steel, etc.
  • Currency symbol:BD$
  • Paper currency size:156mm × 66mm (same as US Dollar)
  • language:en
  • Main unit:1 yuan
  • ISO code:BMD
  • Currency name:Bermuda dollar
  • Exchange Rate System:Fixed exchange rate system, pegged to the US dollar at a 1:1 ratio.
  • Central Bank:Without a central bank, the currency is regulated by the government and primarily relies on the dollar system.
  • Safe-haven currency:No.
  • Coin denomination:Coins of 1, 5, 10, 25, and 50 cents and 1 dollar circulate at par with the US dollar.
  • Countries of Use:Bermuda's official currency.
  • Cross-border payment:Adopting a dollar payment system, international transfers are facilitated through SWIFT, applicable to global trade and financial services.

GBPGBP - British pound

The British pound is one of the oldest currencies in the world, dating back to the establishment of the Bank of England in 1694. As the core currency of London, the global financial center, the British pound still enjoys an important position in international trade and investment, with extremely high market liquidity and credibility.

  • Supporting unit:1 pound = 100 pence (Penny)
  • Denomination of banknotes:£5, £10, £20, £50 (Bank of England); Scotland and Northern Ireland also issue local banknotes.
  • Reserve currency:Yes, it is one of the world's major reserve currencies.
  • Banknote material:Polymer (new version), equipped with advanced anti-counterfeiting technology.
  • Metal composition:Nickel-clad steel, copper-nickel alloy, bimetal, etc.
  • Currency symbol:£
  • Paper currency size:£20 is 139mm × 73mm; £50 is 146mm × 77mm.
  • language:en
  • Main unit:1 Pound (GBP)
  • ISO code:GBP
  • Currency name:Pound sterling
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of England
  • Safe-haven currency:Yes, it has certain hedging attributes, especially in the European market.
  • Coin denomination:1, 2, 5, 10, 20, 50 pence; £1, £2
  • Countries of Use:United Kingdom (England, Scotland, Wales, Northern Ireland), Gibraltar, Saint Helena, Isle of Man, etc.
  • Cross-border payment:The British pound is widely used in global financial markets, supporting international payments through systems such as SWIFT and CHAPS, and is suitable for financial institutions and bulk trade settlements.

FAQ

Based on the historical patterns of Bermuda Dollar to British Pound, is now a good time to exchange?

To judge the timing for exchanging Bermuda Dollar to British Pound, one must compare current rates with the average over the past year or even five years. If the current Bermuda Dollar rate is well above the historical average, it usually means BMD is in a strong period, making it a good window for settlement into GBP. Conversely, if Bermuda Dollar is at a historical low, it is recommended for exporters to hold BMD in batches and avoid the troughs to minimize losses when converting to GBP.

What are the main reasons affecting the historical volatility of BMD to GBP recently?

The core factor affecting the historical volatility of Bermuda Dollar to British Pound recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of BMD tends to increase, leading to a significant rise in its historical exchange rate against GBP. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for BMD, thereby intensifying the frequency of two-way volatility between Bermuda Dollar and British Pound.

Has BMD experienced a sharp plunge against GBP before? How can I protect myself?

Historically, Bermuda Dollar against British Pound has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Bermuda Dollar exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of BMD to GBP within an acceptable trade cost range.

Is the current exchange rate of Bermuda Dollar to British Pound considered a historical high or low?

To evaluate the current level of BMD to GBP, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Bermuda Dollar is approaching a historical resistance level. If the current BMD price has broken through highs from years ago, it indicates that BMD is at an extreme high; exchanging Bermuda Dollar to British Pound now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Bermuda Dollar to British Pound?

AI predictions for BMD to GBP are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of BMD through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Bermuda Dollar to British Pound should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.