Convert BMD to NGN — live rate

Convert Bermudan Dollars to Nigerian Nairas and compare the real cost of sending money.

BMD
NGN
1 BMD = 1441.8000 NGN Mid-market rate
Updated just now
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No signup required FCA-regulated providers only

Historical BMD/NGN exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: BMD to NGN

1 BMD 1,441.80 NGN
5 BMD 7,209.00 NGN
10 BMD 14,418.00 NGN
50 BMD 72,090.00 NGN
100 BMD 144,180.00 NGN
500 BMD 720,900.00 NGN
1,000 BMD 1,441,800.00 NGN
5,000 BMD 7,209,000.00 NGN

Real cost of BMD → NGN

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 BMD
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

BMD — Bermudan Dollar
ISO Code BMD
Symbol $
Central Bank Bermuda Monetary Authority
Common Notes $2, $5, $10, $20, $50, $100
Learn more about BMD
NGN — Nigerian Naira
ISO Code NGN
Symbol
Central Bank Central Bank of Nigeria
Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000
Learn more about NGN

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.