1 VES to BMD - Convert Venezuelan Bolívar to Bermudian Dollar

Looking at the 30-day window, the VES/BMD pair traded in a range of 0.001800 to 0.001900. The monthly average was 0.001873 with 2.32% volatility. This upward movement of 3.8% suggests significant momentum in the VES/BMD exchange rate.

The current mid-market exchange rate is 1 VES = 0.001531 BMD, updated as of July 3, 2026, 7:32 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.

Venezuelan Bolívar to Bermudian Dollar Exchange Rate

The VES/BMD exchange rate tells you how many Bermudian Dollar (BMD) you receive for every Venezuelan Bolívar (VES). At the current mid-market rate of 1 VES = 0.001531 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.

How to Get the Best VES to BMD Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Historical VES/BMD Trends

The VES/BMD exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Sending Money from VES to BMD

International money transfers from Venezuelan Bolívar to Bermudian Dollar 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. The BMD exchange rate against VES reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 VES = 0.001531 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.