1 GIP to BMD - Convert Gibraltar Pound to Bermudian Dollar

Looking at the 30-day window, the GIP/BMD pair traded in a range of 1.2933 to 1.3855. The monthly average was 1.3461 with 1.91% volatility. This downward movement of 2.5% suggests significant momentum in the GIP/BMD exchange rate.

The current mid-market exchange rate is 1 GIP = 1.3337 BMD, updated as of July 3, 2026, 7:41 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.

Gibraltar Pound to Bermudian Dollar Exchange Rate

The GIP/BMD exchange rate tells you how many Bermudian Dollar (BMD) you receive for every Gibraltar Pound (GIP). At the current mid-market rate of 1 GIP = 1.3337 BMD, 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.

Gibraltar Pound Overview

The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling. Online gaming and financial services are the primary industries. Understanding the fundamentals behind GIP helps contextualize its exchange rate movements against BMD and other currencies.

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. The BMD exchange rate against GIP reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 GIP = 1.3337 BMD shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.

Reverse Rate: BMD to GIP

The reverse exchange rate is 1 BMD = 0.749770 GIP. This is useful if you are starting with Bermudian Dollar and want to know how much Gibraltar Pound you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated BMD to GIP converter for the reverse direction.