Bermudian dollar australian dollar exchange rate history (BMD AUD) October 2023

Bermudian dollar australian dollar history for October 2023. The highest quote for this month is 1.5945 (26/10/2023) and the lowest 1.583 (21/10/2023). The difference between high and low is 0.72.

BMD AUD average rate for October 2023 is 1.57343, the change between 01/10/2023 and 31/10/2023 is -1 %.

01 October 2023	1 BMD = 1.554 AUD
02 October 2023	1 BMD = 1.554 AUD
03 October 2023	1 BMD = 1.572 AUD
04 October 2023	1 BMD = 1.585 AUD
05 October 2023	1 BMD = 1.580 AUD
06 October 2023	1 BMD = 1.570 AUD
07 October 2023	1 BMD = 1.566 AUD
08 October 2023	1 BMD = 1.566 AUD
09 October 2023	1 BMD = 1.569 AUD
10 October 2023	1 BMD = 1.557 AUD
11 October 2023	1 BMD = 1.554 AUD
12 October 2023	1 BMD = 1.558 AUD
13 October 2023	1 BMD = 1.583 AUD
16 October 2023	1 BMD = 1.584 AUD
17 October 2023	1 BMD = 1.578 AUD
18 October 2023	1 BMD = 1.572 AUD
19 October 2023	1 BMD = 1.579 AUD
20 October 2023	1 BMD = 1.581 AUD
21 October 2023	1 BMD = 1.583 AUD
22 October 2023	1 BMD = 1.583 AUD
23 October 2023	1 BMD = 1.582 AUD
24 October 2023	1 BMD = 1.578 AUD
25 October 2023	1 BMD = 1.572 AUD
26 October 2023	1 BMD = 1.588 AUD
27 October 2023	1 BMD = 1.578 AUD
28 October 2023	1 BMD = 1.578 AUD
29 October 2023	1 BMD = 1.578 AUD
30 October 2023	1 BMD = 1.578 AUD
31 October 2023	1 BMD = 1.570 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

Historic Bermudian dollar Australian dollar