Historic Bermudian dollar Chinese Yuan Renminbi

Bermudian dollar chinese yuan renminbi history since 28/03/2024 until today (0 years). Search for BMD to CNY exchange rate history for a particular date, month or year.

The Bermudian dollar is the currency of Bermuda (supplied by Bermuda Monetary Authority and the Chinese Yuan Renminbi the currency of China supplied by People's Bank of China. The BMD CNY historical data can be seen on the Bermudian dollar chinese yuan renminbi historical chart.

29 February 20241 BMD = 7.20 CNY
01 March 20241 BMD = 7.19 CNY
03 March 20241 BMD = 7.20 CNY
04 March 20241 BMD = 7.20 CNY
05 March 20241 BMD = 7.20 CNY
06 March 20241 BMD = 7.20 CNY
07 March 20241 BMD = 7.20 CNY
08 March 20241 BMD = 7.19 CNY
09 March 20241 BMD = 7.19 CNY
10 March 20241 BMD = 7.19 CNY
11 March 20241 BMD = 7.19 CNY
12 March 20241 BMD = 7.17 CNY

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.

29/11/2015: Inclusion of the Renminbi in IMF's SDR Basket

The International Monetary Fund (IMF) includes the Renminbi in its Special Drawing Rights (SDR) basket, recognizing its global importance as a reserve currency and boosting the international status of the Chinese Yuan Renminbi.

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.

18/06/2009: Resumption of Renminbi Appreciation

China allows the Renminbi to resume an appreciation trajectory against the US dollar after a period of stability, signaling a shift in the country's exchange rate policy.

20/07/2005: Introduction of Managed Float

China adopts a managed floating exchange rate system, allowing the Renminbi to fluctuate within a narrow band against a basket of currencies, reducing its dependence on 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.

31/12/1993: Renminbi Pegged to US Dollar

China pegs the value of the Renminbi to the US dollar, setting an exchange rate of 8.28 Yuan per dollar, which remains fixed for over a decade, impacting China's export competitiveness.

31/12/1992: Introduction of Dual Currency System

China introduces a dual currency system, with the offshore Renminbi (CNH) and the onshore Renminbi (CNY), aiming to facilitate foreign exchange flows and international trade.

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.

14/08/1971: End of the Bretton Woods System

The United States suspends the convertibility of the US dollar to gold, leading to the collapse of the Bretton Woods System and a shift towards floating exchange rates, affecting the value of the Chinese Yuan Renminbi.

06/07/1970: Currency Board Agreement

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

14/12/1948: Formation of the People's Bank of China

The People's Bank of China was established, marking the beginning of central banking in China and the introduction of the Chinese Yuan Renminbi as the official currency.