Historic Bermudian dollar Pound sterling

Bermudian dollar pound sterling history for October 2023. The highest quote for this month is 0.83039 (04/10/2023) and the lowest 0.82638 (03/10/2023). The difference between high and low is 0.48.

BMD GBP average rate for October 2023 is 0.82143, the change between 01/10/2023 and 31/10/2023 is -0.23 %.

01 October 20231 BMD = 0.8201 GBP
02 October 20231 BMD = 0.8201 GBP
03 October 20231 BMD = 0.8271 GBP
04 October 20231 BMD = 0.8279 GBP
05 October 20231 BMD = 0.8239 GBP
06 October 20231 BMD = 0.8205 GBP
09 October 20231 BMD = 0.8183 GBP
10 October 20231 BMD = 0.8163 GBP
11 October 20231 BMD = 0.8136 GBP
12 October 20231 BMD = 0.8119 GBP
13 October 20231 BMD = 0.8208 GBP
16 October 20231 BMD = 0.8228 GBP
17 October 20231 BMD = 0.8189 GBP
18 October 20231 BMD = 0.8211 GBP
19 October 20231 BMD = 0.8235 GBP
20 October 20231 BMD = 0.8239 GBP
22 October 20231 BMD = 0.8224 GBP
23 October 20231 BMD = 0.8221 GBP
24 October 20231 BMD = 0.8163 GBP
25 October 20231 BMD = 0.8222 GBP
26 October 20231 BMD = 0.8262 GBP
27 October 20231 BMD = 0.8239 GBP
29 October 20231 BMD = 0.8244 GBP
30 October 20231 BMD = 0.8255 GBP
31 October 20231 BMD = 0.8220 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.