Historic Barbadian dollar Pound sterling

Barbadian dollar pound sterling history for August 2023. The highest quote for this month is 0.40353 (29/08/2023) and the lowest 0.40194 (28/08/2023). The difference between high and low is 0.39.

BBD GBP average rate for August 2023 is 0.3987, the change between 01/08/2023 and 31/08/2023 is -0.98 %.

01 August 20231 BBD = 0.3945 GBP
02 August 20231 BBD = 0.3958 GBP
03 August 20231 BBD = 0.3978 GBP
04 August 20231 BBD = 0.3987 GBP
07 August 20231 BBD = 0.4001 GBP
08 August 20231 BBD = 0.3967 GBP
09 August 20231 BBD = 0.3978 GBP
10 August 20231 BBD = 0.3983 GBP
11 August 20231 BBD = 0.3999 GBP
14 August 20231 BBD = 0.3976 GBP
15 August 20231 BBD = 0.3992 GBP
16 August 20231 BBD = 0.3989 GBP
17 August 20231 BBD = 0.3981 GBP
18 August 20231 BBD = 0.3974 GBP
21 August 20231 BBD = 0.3988 GBP
22 August 20231 BBD = 0.3974 GBP
23 August 20231 BBD = 0.3981 GBP
24 August 20231 BBD = 0.3985 GBP
25 August 20231 BBD = 0.4025 GBP
28 August 20231 BBD = 0.4024 GBP
29 August 20231 BBD = 0.4019 GBP
30 August 20231 BBD = 0.4012 GBP
31 August 20231 BBD = 0.3984 GBP

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.