Currency.Wiki

1 Bermudan Dollar to British Pound Sterling

Updated 2 minutes ago
Convert 1 BMD:GBP
 BMD =
    GBP
 Bermudan Dollar =  British Pounds Sterling
Trending: BD$ exchange rates for the last 24 hours
  • BMD/USD 1.000000 0.00000000
  • BMD/EUR 0.920442 -0.00746800
  • BMD/JPY 155.237000 5.01196273
  • BMD/GBP 0.790049 -0.00347600
  • BMD/CHF 0.904038 0.02338400
  • BMD/MXN 16.726050 -0.32655000
  • BMD/INR 83.506710 0.49241000
  • BMD/BRL 5.107300 0.14020000
  • BMD/CNY 7.218200 0.09890000

BMD/GBP exchange rate analysis over the past 90 days

Bermudan Dollar to British Pound Sterling exchange rate: Over the last 90 days, the Bermudan Dollar weakened by -0.44% against the British Pound Sterling, declining from £0.7935 to £0.7900 per Bermudan Dollar. This trend reflects the evolving economic dynamics between the Bermuda and the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Bermuda and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Bermuda and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Bermuda or United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Bermuda relative to the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.

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

bmd/gbp 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.

£
British Pound Sterling Currency

Country: United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey

Symbol: £

ISO Code: GBP

Bank: Bank of England

Interesting fact about British Pound Sterling

The British Pound Sterling (GBP) is the currency of the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, and Guernsey. With a long history dating back to the 8th century, it has played a significant role in global trade and the UK's economy. As one of the world's major currencies, the GBP remains an important symbol of economic strength and stability in these regions.

Quick Conversion Guide

Frequently Asked Questions

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The Bermudan Dollar to British Pound Sterling 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 GBP is £0.79.
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Yes, our site provides historical charts that show the trends and fluctuations in the Bermudan Dollar to British Pound Sterling 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.