Currency.Wiki

1 Bermudan Dollar to Canadian Dollar

Updated 54 seconds ago
Convert 1 BMD:CAD
 BMD =
    CAD
 Bermudan Dollar =  Canadian Dollars
Trending: BD$ exchange rates for the last 24 hours
  • BMD/USD 1.000000 0.00000000
  • BMD/EUR 0.920557 -0.00735300
  • BMD/JPY 155.311846 5.08680888
  • BMD/GBP 0.790233 -0.00329200
  • BMD/CHF 0.904442 0.02378800
  • BMD/MXN 16.730248 -0.32235200
  • BMD/INR 83.503291 0.48899100
  • BMD/BRL 5.119300 0.15220000
  • BMD/CNY 7.218300 0.09900000

BMD/CAD exchange rate analysis over the past 90 days

Bermudan Dollar to Canadian Dollar exchange rate: Over the last 90 days, the Bermudan Dollar strengthened by 1.04% against the Canadian Dollar, moving from CA$1.3489 to CA$1.3631 per Bermudan Dollar. This trend reflects the evolving economic dynamics between the Bermuda and the Canada. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Bermuda and Canada.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Bermuda and Canada.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Bermuda or Canada.
  • Global Influences: Broader economic or geopolitical events that can impact both the Bermuda and the Canada.

The foreign exchange market operates continuously, with currency values being affected by a myriad of global economic, political, and financial events.

bmd/cad Historical Chart

BD$
Bermudan Dollar Currency

Country: Bermuda

Symbol: BD$

ISO Code: BMD

Bank: Bermuda Monetary Authority

Interesting fact about Bermudan Dollar

The Bermudan Dollar (BMD) is the currency of Bermuda, a British Overseas Territory. It has been the official currency since 1970, replacing the British Pound. The BMD is pegged to the US Dollar at a 1:1 ratio and has the same value. It is used for all transactions in Bermuda and holds significant importance in the island's economy and everyday life.

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

Quick Conversion Guide

Frequently Asked Questions

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The Bermudan Dollar to Canadian Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 BMD to CAD is CA$1.36.
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Yes, our site provides historical charts that show the trends and fluctuations in the Bermudan Dollar to Canadian Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.