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Bermuda Dollar to West African CFA franc Exchange Rate History - XTransfer

Bermuda Dollar to West African CFA franc Historical Exchange Rates

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

Amount
Result

1 BMD = 559.569 XOF

04:30 Exchange Rate

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1 Bermuda Dollar to West African CFA franc Historical Exchange Rate Trends

1 BMD = -- XOF

04:30 Exchange Rate

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

1 Bermuda Dollar to West African CFA franc Data Statistics

This section organizes the historical exchange rate data of 1 BMD to XOF, 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
559.569
561.321
572.348
574.558
Low
559.569
555.719
555.719
550.306
Average
559.569
558.33
562.117
560.973

Past 7 days historical exchange rates

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

BMD to XOF - Last 7 Days

BMDBMDXOFXOF
2026-04-28
559.569
BMDBMDXOFXOF
2026-04-27
559.783
BMDBMDXOFXOF
2026-04-26
559.783
BMDBMDXOFXOF
2026-04-25
559.783
BMDBMDXOFXOF
2026-04-24
561.321
BMDBMDXOFXOF
2026-04-23
560.068
BMDBMDXOFXOF
2026-04-22
558.425

XOF to BMD - Last 7 Days

XOFXOFBMDBMD
2026-04-28
0.002
XOFXOFBMDBMD
2026-04-27
0.002
XOFXOFBMDBMD
2026-04-26
0.002
XOFXOFBMDBMD
2026-04-25
0.002
XOFXOFBMDBMD
2026-04-24
0.002
XOFXOFBMDBMD
2026-04-23
0.002
XOFXOFBMDBMD
2026-04-22
0.002

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.

XOFXOF - West African CFA Franc

The CFA franc has been used by the West African Economic and Monetary Union (WEAM) member states since 1945 and is pegged to the euro. The XOF provides monetary stability for West African countries, facilitates trade and investment flows, and is an important tool for economic integration in the region.

  • Supporting unit:No auxiliary currency units
  • Denomination of banknotes:500, 1000, 2000, 5000, 10000 Non-Lang
  • Reserve currency:No, the euro is the primary reserve currency.
  • Banknote material:Paper-based, featuring anti-counterfeiting characteristics.
  • Metal composition:Non-circulating coins
  • Currency symbol:CFA
  • Paper currency size:Approximately 140mm × 65mm
  • language:en
  • Main unit:
  • ISO code:XOF
  • Currency name:West African CFA franc
  • Exchange Rate System:Fixed exchange rate system (pegged to the euro)
  • Central Bank:Central Bank of West African States (BCEAO)
  • Safe-haven currency:No, regional currency.
  • Coin denomination:Non-circulating coins
  • Countries of Use:Members of the West African Economic and Monetary Union (including Senegal, Ivory Coast, Burkina Faso, etc.)
  • Cross-border payment:XOF is pegged to the Euro at a fixed exchange rate, with international settlements depending on the Euro and the SWIFT network, making cross-border payments relatively stable.

Major Currency Pairs of BMD

BMDBMD
DZDDZD
BMDBMD
SEKSEK
BMDBMD
MMKMMK
BMDBMD
PHPPHP
BMDBMD
GYDGYD
BMDBMD
CLPCLP
BMDBMD
AEDAED
BMDBMD
FKPFKP
BMDBMD
TJSTJS
BMDBMD
SZLSZL
BMDBMD
INRINR
BMDBMD
XOFXOF
BMDBMD
CRCCRC
BMDBMD
AMDAMD
BMDBMD
KMFKMF

FAQ

Based on the historical patterns of Bermuda Dollar to West African CFA franc, is now a good time to exchange?

To judge the timing for exchanging Bermuda Dollar to West African CFA franc, 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 XOF. 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 XOF.

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

The core factor affecting the historical volatility of Bermuda Dollar to West African CFA franc 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 XOF. 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 West African CFA franc.

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

Historically, Bermuda Dollar against West African CFA franc 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 XOF within an acceptable trade cost range.

Is the current exchange rate of Bermuda Dollar to West African CFA franc considered a historical high or low?

To evaluate the current level of BMD to XOF, 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 West African CFA franc 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 West African CFA franc?

AI predictions for BMD to XOF 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 West African CFA franc 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.