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Bermuda Dollar to Indian rupee Exchange Rate History - XTransfer

Bermuda Dollar to Indian rupee Historical Exchange Rates

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

Amount
Result

1 BMD = 94.125 INR

00:31 Exchange Rate

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1 Bermuda Dollar to Indian rupee Historical Exchange Rate Trends

1 BMD = -- INR

00:31 Exchange Rate

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

1 Bermuda Dollar to Indian rupee Data Statistics

This section organizes the historical exchange rate data of 1 BMD to INR, 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
94.125
94.166
94.8041
94.8041
Low
94.125
92.6054
92.497
90.2813
Average
94.125
93.4799
93.3169
92.278

Past 7 days historical exchange rates

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

BMD to INR - Last 7 Days

BMDBMDINRINR
2026-04-28
94.125
BMDBMDINRINR
2026-04-27
94.166
BMDBMDINRINR
2026-04-26
94.0863
BMDBMDINRINR
2026-04-25
94.1473
BMDBMDINRINR
2026-04-24
94.1131
BMDBMDINRINR
2026-04-23
93.8753
BMDBMDINRINR
2026-04-22
93.587

INR to BMD - Last 7 Days

INRINRBMDBMD
2026-04-28
0.011
INRINRBMDBMD
2026-04-27
0.011
INRINRBMDBMD
2026-04-26
0.0106
INRINRBMDBMD
2026-04-25
0.0106
INRINRBMDBMD
2026-04-24
0.0106
INRINRBMDBMD
2026-04-23
0.0107
INRINRBMDBMD
2026-04-22
0.011

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.

INRINR - Indian Rupee

The Indian rupee is centuries old, with the modern version in use since independence in 1947. The rupee is the foundation of India's large and diverse economy and is widely used in domestic trade, services and the growing digital payments market.

  • Supporting unit:1 rupee = 100 paise, but small denomination coins have largely ceased to be in circulation.
  • Denomination of banknotes:₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 (some higher denominations have been discontinued but are still in circulation)
  • Reserve currency:No, but it plays a certain role as a regional reserve currency in South Asia.
  • Banknote material:The main material is cotton paper, while some new versions use a polymer blend material, featuring anti-counterfeiting lines, watermarks, micro-printing, and other security features.
  • Metal composition:Steel, stainless steel, nickel-clad steel, copper-nickel alloy, etc.
  • Currency symbol:
  • Paper currency size:For example, ₹500 measures 150mm × 66mm, and different denominations have different sizes.
  • language:en
  • Main unit:1 Rupee
  • ISO code:INR
  • Currency name:Indian Rupee
  • Exchange Rate System:A managed floating exchange rate system, regulated by interventions from the Reserve Bank of India.
  • Central Bank:Reserve Bank of India (RBI)
  • Safe-haven currency:No, it is a currency in a highly volatile emerging market.
  • Coin denomination:₹1, ₹2, ₹5, ₹10, ₹20 (New Polygon Type)
  • Countries of Use:India is an official user of the currency, and countries like Nepal and Bhutan also accept the circulation of the rupee to a certain extent.
  • Cross-border payment:Access to the SWIFT network is widely used for remittances in South Asia and the Middle East, yet transactions in international trade are still predominantly settled in US dollars. In recent years, the Reserve Bank of India has encouraged the establishment of local currency settlement mechanisms with certain countries.

FAQ

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

To judge the timing for exchanging Bermuda Dollar to Indian rupee, 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 INR. 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 INR.

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

The core factor affecting the historical volatility of Bermuda Dollar to Indian rupee 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 INR. 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 Indian rupee.

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

Historically, Bermuda Dollar against Indian rupee 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 INR within an acceptable trade cost range.

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

To evaluate the current level of BMD to INR, 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 Indian rupee 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 Indian rupee?

AI predictions for BMD to INR 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 Indian rupee 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.