Currency.Wiki

1 Canadian Dollar to Bermudan Dollar

Updated 1 minute ago
Convert 1 CAD:BMD
 CAD =
    BMD
 Canadian Dollar =  Bermudan Dollars
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.731890 -0.01427533
  • CAD/EUR 0.684416 -0.00373726
  • CAD/JPY 114.545809 4.60658628
  • CAD/GBP 0.584518 -0.00328932
  • CAD/CHF 0.668327 0.02523152
  • CAD/MXN 12.503605 -0.29719175
  • CAD/INR 61.080026 -0.93446274
  • CAD/BRL 3.739298 0.04428844
  • CAD/CNY 5.300712 -0.00011983

CAD/BMD exchange rate analysis over the past 90 days

Canadian Dollar to Bermudan Dollar exchange rate: Over the last 90 days, the Canadian Dollar weakened by -1.95% against the Bermudan Dollar, declining from BD$0.7462 to BD$0.7319 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Bermuda. Factors contributing to this weakening may include:

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

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

cad/bmd Historical Chart

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.

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.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to Bermudan 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 CAD to BMD is BD$0.73.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Bermudan 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.