The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
GBP to BMD Market Data
British pound (GBP) to Bermudan dollar (BMD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell GBP →
Buy BMD
1 GBP = 1.3565 BMD
▼-0.4% since yesterday
90d-highs
GBP to BMD at 1.3565 is 2.4% above its 3-month average of 1.3244, having traded in a relatively stable 7.0% range from 1.2725 to 1.3613
Is the GBP to BMD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Bermudan dollar is to review how the GBP/BMD rate has changed over time.
The table below shows the percentage change in the GBP to BMD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
GBP/BMD
Change
Period
07 Jul 2023
1.2839
0.1% ▲
2 Week
22 Apr 2023
1.2435
3.4% ▲
3 Month
21 Jul 2022
1.1995
7.2% ▲
1 Year
22 Jul 2018
1.3146
2.2% ▼
5 Year
23 Jul 2013
1.5344
16.2% ▼
10 Year
26 Jul 2003
1.6171
20.5% ▼
20 Year
GBP/BMD historic rates & change to 21-Jul-2023
GBP to BMD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Bermudan dollar across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to BMD?
The best GBP to BMD exchange rate is 1.3504 from Wise. This is -0.45% compared to the mid-market rate 1.3565.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Bermudan dollar (BMD) rates from different sources before making a conversion.
The above
Sterling to Bermudan dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest GBP-BMD mid-rate and the possible savings of using various providers.
How do GBP-BMD rates compare between providers?
Looking at the
full comparison table
the best GBP to BMD exchange rate is 1.3504 from Wise, -0.45% from the mid-market rate 1.3565. The next best rate is 1.3022 from WorldRemit, -4% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
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