1 BMD to CAD - Convert Bermudian Dollar to Canadian Dollar

Looking at the 30-day window, the BMD/CAD pair traded in a range of 1.3398 to 1.4296. The monthly average was 1.3807 with 1.9% volatility. The relatively low volatility indicates stable trading conditions for the BMD/CAD currency pair.

The current mid-market exchange rate is 1 BMD = 1.4188 CAD, updated as of July 3, 2026, 8:30 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Bermudian Dollar to Canadian Dollar Exchange Rate

The BMD/CAD exchange rate tells you how many Canadian Dollar (CAD) you receive for every Bermudian Dollar (BMD). At the current mid-market rate of 1 BMD = 1.4188 CAD, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the BMD/CAD Conversion

Converting Bermudian Dollar to Canadian Dollar involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

BMD/CAD for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the BMD to CAD rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Bermudian Dollar Overview

The Bermudian Dollar (BMD) is the official currency of Bermuda, pegged at par to the US Dollar. International insurance and reinsurance are the dominant industries. Understanding the fundamentals behind BMD helps contextualize its exchange rate movements against CAD and other currencies.

Canadian Dollar Overview

The Canadian Dollar (CAD) is the official currency of Canada and is heavily influenced by commodity prices, particularly crude oil. It is the fifth most held reserve currency in the world. The CAD exchange rate against BMD reflects relative economic conditions between the two currency areas.