Bermuda Dollar to Panamanian Balboa / US dollar Historical Exchange Rates
Welcome to the BMD to PAB exchange rate history page. This page contains detailed daily historical exchange rates between BMD and PAB from 2025-3-8 to 2026-04-28, making it easy to look up and reference.
1 BMD = 1 PAB
13:30 Exchange Rate
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1 Bermuda Dollar to Panamanian Balboa / US dollar Historical Exchange Rate Trends
1 BMD = -- PAB
13:30 Exchange Rate
1 Bermuda Dollar to Panamanian Balboa / US dollar Data Statistics
This section organizes the historical exchange rate data of 1 BMD to PAB, 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.
Past 7 days historical exchange rates
Below are the daily average exchange rates of BMD to PAB for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of PAB to BMD, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
BMD to PAB - Last 7 Days
BMD
PABBMDPABBMDPABBMDPABBMDPABBMDPABBMDPABPAB to BMD - Last 7 Days
PABBMDPABBMDPABBMDPABBMDPABBMDPABBMDPABBMDBMD - 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.
PAB - Panamanian Balboa
The Balboa was issued in 1904 and has a fixed exchange rate with the U.S. dollar. As the national legal tender, the currency reflects the close connection between the Panamanian economy and the U.S. dollar.
- Supporting unit:1 Balboa = 100 cents (Centésimos)
- Denomination of banknotes:No, Papua has not issued any banknotes and actually uses U.S. dollar banknotes.
- Reserve currency:There is no official reserve currency; the US dollar is the primary circulating and reserve currency.
- Banknote material:No.
- Metal composition:Copper-nickel alloy, nickel-copper alloy
- Currency symbol:B./
- Paper currency size:No.
- language:en
- Main unit:1. Baboya
- ISO code:PAB
- Currency name:Panama Baboa
- Exchange Rate System:A fixed exchange rate system linked to the US dollar (1 PAB = 1 USD)
- Central Bank:Panama has no central bank; its monetary policy is jointly maintained by the National Bank and the dollar system.
- Safe-haven currency:No, the actual use of the US dollar as the mainstream safe-haven and transaction currency.
- Coin denomination:1, 5, 10, 25, and 50 cents (Barbadian coins, equivalent to U.S. coins)
- Countries of Use:Panama (in parallel circulation with the US dollar)
- Cross-border payment:Panama primarily relies on the US dollar financial system and the SWIFT network for international payments, with a high degree of currency stability and international trade often settled in US dollars.
