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Bermuda Dollar to Malaysian ringgit Exchange Rate History - XTransfer

Bermuda Dollar to Malaysian ringgit Historical Exchange Rates

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

Amount
Result

1 BMD = 3.9515 MYR

03:30 Exchange Rate

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1 Bermuda Dollar to Malaysian ringgit Historical Exchange Rate Trends

1 BMD = -- MYR

03:30 Exchange Rate

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

1 Bermuda Dollar to Malaysian ringgit Data Statistics

This section organizes the historical exchange rate data of 1 BMD to MYR, 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
3.9515
3.977
4.04975
4.04975
Low
3.9515
3.947
3.947
3.8905
Average
3.9515
3.95779
3.98419
3.94861

Past 7 days historical exchange rates

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

BMD to MYR - Last 7 Days

BMDBMDMYRMYR
2026-04-28
3.9515
BMDBMDMYRMYR
2026-04-27
3.9535
BMDBMDMYRMYR
2026-04-26
3.9655
BMDBMDMYRMYR
2026-04-25
3.9655
BMDBMDMYRMYR
2026-04-24
3.965
BMDBMDMYRMYR
2026-04-23
3.9665
BMDBMDMYRMYR
2026-04-22
3.9565

MYR to BMD - Last 7 Days

MYRMYRBMDBMD
2026-04-28
0.2531
MYRMYRBMDBMD
2026-04-27
0.2529
MYRMYRBMDBMD
2026-04-26
0.2522
MYRMYRBMDBMD
2026-04-25
0.2522
MYRMYRBMDBMD
2026-04-24
0.252
MYRMYRBMDBMD
2026-04-23
0.2521
MYRMYRBMDBMD
2026-04-22
0.2527

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.

MYRMYR - Malaysian Ringgit

The Ringgit has been issued since 1967, reflecting the modernization of Malaysia's economy. MYR is competitive in the Southeast Asian market, especially supporting the development of the manufacturing and export industries.

  • Supporting unit:1 Linjitt = 100 points (Sen)
  • Denomination of banknotes:1, 5, 10, 20, 50, 100 Ringgit Malaysia
  • Reserve currency:No, but it serves as a certain reserve in the Southeast Asian region.
  • Banknote material:Items priced at 5 yuan and below are made of polymer, while the others are mostly made of paper.
  • Metal composition:Nickel-plated steel core, brass-plated, stainless steel
  • Currency symbol:RM
  • Paper currency size:For example, 100 ringgit is approximately 145mm × 69mm.
  • language:en
  • Main unit:1 Ringgit
  • ISO code:MYR
  • Currency name:Malaysian Ringgit
  • Exchange Rate System:Managed floating exchange rate system
  • Central Bank:Bank Negara Malaysia
  • Safe-haven currency:No, it belongs to emerging market currencies and is significantly affected by capital flows.
  • Coin denomination:5, 10, 20, 50 points
  • Countries of Use:Malaysia is the only country where it is used officially.
  • Cross-border payment:Supports networks such as SWIFT and the Asian Payment Network (APS). The ringgit has a certain circulation base in neighboring countries like Singapore and Thailand, but the US dollar remains the primary settlement currency.

FAQ

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

To judge the timing for exchanging Bermuda Dollar to Malaysian ringgit, 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 MYR. 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 MYR.

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

The core factor affecting the historical volatility of Bermuda Dollar to Malaysian ringgit 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 MYR. 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 Malaysian ringgit.

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

Historically, Bermuda Dollar against Malaysian ringgit 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 MYR within an acceptable trade cost range.

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

To evaluate the current level of BMD to MYR, 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 Malaysian ringgit 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 Malaysian ringgit?

AI predictions for BMD to MYR 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 Malaysian ringgit 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.