Historic Bermudian dollar Pound sterling

Bermudian dollar pound sterling history for February 2024. The highest quote for this month is 0.79872 (05/02/2024) and the lowest 0.79399 (06/02/2024). The difference between high and low is 0.59.

BMD GBP average rate for February 2024 is 0.79159, the change between 01/02/2024 and 29/02/2024 is -0.12 %.

01 February 20241 BMD = 0.7887 GBP
02 February 20241 BMD = 0.7845 GBP
05 February 20241 BMD = 0.7923 GBP
06 February 20241 BMD = 0.7978 GBP
07 February 20241 BMD = 0.7932 GBP
08 February 20241 BMD = 0.7919 GBP
09 February 20241 BMD = 0.7924 GBP
11 February 20241 BMD = 0.7919 GBP
12 February 20241 BMD = 0.7913 GBP
13 February 20241 BMD = 0.7919 GBP
14 February 20241 BMD = 0.7942 GBP
15 February 20241 BMD = 0.7957 GBP
16 February 20241 BMD = 0.7937 GBP
18 February 20241 BMD = 0.7936 GBP
19 February 20241 BMD = 0.7930 GBP
20 February 20241 BMD = 0.7944 GBP
21 February 20241 BMD = 0.7919 GBP
22 February 20241 BMD = 0.7913 GBP
23 February 20241 BMD = 0.7897 GBP
25 February 20241 BMD = 0.7891 GBP
26 February 20241 BMD = 0.7891 GBP
27 February 20241 BMD = 0.7884 GBP
28 February 20241 BMD = 0.7885 GBP
29 February 20241 BMD = 0.7897 GBP

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.

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.

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.

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.

01/01/1997: Incorporation into Federal Reserve System

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

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).

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.

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.

06/07/1970: Currency Board Agreement

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