Historic Bermudian dollar New Zealand Dollar

Bermudian dollar new zealand dollar history for February 2024. The highest quote for this month is 1.6556 (05/02/2024) and the lowest 1.6483 (03/02/2024). The difference between high and low is 0.44.

BMD NZD average rate for February 2024 is 1.63153, the change between 01/02/2024 and 29/02/2024 is -0.24 %.

01 February 20241 BMD = 1.636 NZD
02 February 20241 BMD = 1.627 NZD
03 February 20241 BMD = 1.648 NZD
04 February 20241 BMD = 1.647 NZD
05 February 20241 BMD = 1.649 NZD
06 February 20241 BMD = 1.652 NZD
07 February 20241 BMD = 1.639 NZD
08 February 20241 BMD = 1.637 NZD
09 February 20241 BMD = 1.637 NZD
10 February 20241 BMD = 1.626 NZD
11 February 20241 BMD = 1.628 NZD
12 February 20241 BMD = 1.627 NZD
13 February 20241 BMD = 1.632 NZD
14 February 20241 BMD = 1.651 NZD
15 February 20241 BMD = 1.642 NZD
16 February 20241 BMD = 1.636 NZD
17 February 20241 BMD = 1.632 NZD
18 February 20241 BMD = 1.632 NZD
19 February 20241 BMD = 1.630 NZD
20 February 20241 BMD = 1.628 NZD
21 February 20241 BMD = 1.621 NZD
22 February 20241 BMD = 1.618 NZD
23 February 20241 BMD = 1.614 NZD
24 February 20241 BMD = 1.614 NZD
25 February 20241 BMD = 1.612 NZD
26 February 20241 BMD = 1.616 NZD
27 February 20241 BMD = 1.622 NZD
28 February 20241 BMD = 1.621 NZD
29 February 20241 BMD = 1.640 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

01/01/1997: Incorporation into Federal Reserve System

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

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

06/07/1970: Currency Board Agreement

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

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
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