1 BMD to ZAR - Convert Bermudian Dollar to South African Rand

Looking at the 30-day window, the BMD/ZAR pair traded in a range of 15.9762 to 17.0859. The monthly average was 16.5826 with 1.86% volatility. The relatively low volatility indicates stable trading conditions for the BMD/ZAR currency pair.

The current mid-market exchange rate is 1 BMD = 16.2740 ZAR, updated as of July 3, 2026, 11:03 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 South African Rand Exchange Rate

The BMD/ZAR exchange rate tells you how many South African Rand (ZAR) you receive for every Bermudian Dollar (BMD). At the current mid-market rate of 1 BMD = 16.2740 ZAR, 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.

What Affects the BMD to ZAR Rate

Exchange rates between Bermudian Dollar and South African Rand are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the BMD/ZAR rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from BMD to ZAR

International money transfers from Bermudian Dollar to South African Rand can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

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 ZAR and other currencies.

South African Rand Overview

The South African Rand (ZAR) is the official currency of South Africa. It is the most traded African currency and is influenced by gold and platinum prices, domestic economic conditions, and global risk sentiment. The ZAR exchange rate against BMD reflects relative economic conditions between the two currency areas.