Currency.Wiki

1 Bermudan Dollar to Hong Kong Dollar

Updated 4 minutes ago
Convert 1 BMD:HKD
 BMD =
    HKD
 Bermudan Dollar =  Hong Kong Dollars
Trending: BD$ exchange rates for the last 24 hours
  • BMD/USD 1.000000 0.00000000
  • BMD/EUR 0.919281 -0.00862900
  • BMD/JPY 154.229500 4.00446273
  • BMD/GBP 0.788800 -0.00472500
  • BMD/CHF 0.901161 0.02050700
  • BMD/MXN 16.716827 -0.33577300
  • BMD/INR 83.489350 0.47505000
  • BMD/BRL 5.134799 0.16769900
  • BMD/CNY 7.217100 0.09780000

BMD/HKD exchange rate analysis over the past 90 days

Bermudan Dollar to Hong Kong Dollar exchange rate: Over the last 90 days, the Bermudan Dollar weakened by -0.24% against the Hong Kong Dollar, declining from HK$7.8222 to HK$7.8034 per Bermudan Dollar. This trend reflects the evolving economic dynamics between the Bermuda and the Hong Kong. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Bermuda and Hong Kong.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Bermuda and Hong Kong.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Bermuda or Hong Kong.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Bermuda relative to the Hong Kong.

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

bmd/hkd 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.

HK$
Hong Kong Dollar Currency

Country: Hong Kong

Symbol: HK$

ISO Code: HKD

Bank: Hong Kong Monetary Authority

Interesting fact about Hong Kong Dollar

The Hong Kong Dollar (HKD) is the official currency of Hong Kong. Its history dates back to 1863 when it was first introduced as a result of Hong Kong becoming a British colony. The HKD is pegged to the US Dollar and is managed by the Hong Kong Monetary Authority. It plays a crucial role in Hong Kong's economy, functioning as a widely accepted payment method and facilitating international trade.

Quick Conversion Guide

Frequently Asked Questions

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The Bermudan Dollar to Hong Kong 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 HKD is HK$7.8.
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Yes, our site provides historical charts that show the trends and fluctuations in the Bermudan Dollar to Hong Kong 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.