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South African rand to Bermuda Dollar Exchange Rate History - XTransfer

South African rand to Bermuda Dollar Historical Exchange Rates

Welcome to the ZAR to BMD exchange rate history page. This page contains detailed daily historical exchange rates between ZAR and BMD from 2025-3-8 to 2026-02-25, making it easy to look up and reference.

Amount
Result

1 ZAR = 0.0626021 BMD

05:31 Exchange Rate

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1 South African rand to Bermuda Dollar Historical Exchange Rate Trends

1 ZAR = -- BMD

05:31 Exchange Rate

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

1 South African rand to Bermuda Dollar Data Statistics

This section organizes the historical exchange rate data of 1 ZAR to BMD, 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
0.0626021
0.0629656
0.0631991
0.0631991
Low
0.0626021
0.0618326
0.0615093
0.0583407
Average
0.0626021
0.0625183
0.062457
0.0608476

Past 7 days historical exchange rates

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

ZAR to BMD - Last 7 Days

ZARZARBMDBMD
2026-02-25
0.0626021
ZARZARBMDBMD
2026-02-24
0.0624239
ZARZARBMDBMD
2026-02-23
0.0623585
ZARZARBMDBMD
2026-02-22
0.0623585
ZARZARBMDBMD
2026-02-21
0.0623585
ZARZARBMDBMD
2026-02-20
0.0618326
ZARZARBMDBMD
2026-02-19
0.0623682

BMD to ZAR - Last 7 Days

BMDBMDZARZAR
2026-02-25
15.973905
BMDBMDZARZAR
2026-02-24
16.0195053
BMDBMDZARZAR
2026-02-23
16.0363062
BMDBMDZARZAR
2026-02-22
16.0363062
BMDBMDZARZAR
2026-02-21
16.0363062
BMDBMDZARZAR
2026-02-20
16.1726985
BMDBMDZARZAR
2026-02-19
16.0338121

ZARZAR - South African Rand

The rand was issued in 1961 with the establishment of the Republic of South Africa, replacing the South African pound. ZAR is the mainstay currency of the South African economy and is widely used in mining, manufacturing and financial services. As one of the most important currencies in Africa, the rand has a high liquidity in the international market.

  • Supporting unit:1 cent (1 rand = 100 cents)
  • Denomination of banknotes:10, 20, 50, 100, 200 Rand
  • Reserve currency:No, but it has a significant influence in the African region.
  • Banknote material:Paper-based, featuring various anti-counterfeiting designs.
  • Metal composition:Copper-nickel alloy, nickel-plated steel core alloy
  • Currency symbol:R
  • Paper currency size:Approximately 140mm × 70mm
  • language:en
  • Main unit:Rand
  • ISO code:ZAR
  • Currency name:South African Rand
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:South African Reserve Bank
  • Safe-haven currency:No, mainly emerging market currencies.
  • Coin denomination:5, 10, 20, 50 cents; 1, 2, 5 rand.
  • Countries of Use:South Africa, Namibia, Lesotho, Eswatini, and Zimbabwe (partially used)
  • Cross-border payment:The rand is widely circulated in southern Africa, international payments are mostly conducted through the SWIFT network, and cross-border trade often settles in US dollars or euros.

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.

FAQ

What is the relationship between South African rand to Bermuda Dollar exchange rate and remittance?

The actual amount received during remittance is directly affected by the ZAR to BMD exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.

What exchange rate indicators should be prioritized when making cross-border payments or settlements?

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the ZAR to BMD exchange rate can result in substantial changes in actual amounts.

Why are the South African rand to Bermuda Dollar exchange rates so different across platforms?

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.tCauses you to see ZAR to BMD on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

Is it necessary to check the historical trend of South African rand to Bermuda Dollar exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between ZAR and BMD, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

How to judge the trend of South African rand to Bermuda Dollar based on historical exchange rates?

Look at the charts of ZAR to BMD over the past few months. If the trend is upward, it means ZAR is appreciating and exchanging to BMD is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
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.