Historic Pound sterling Bermudian dollar

Pound sterling bermudian dollar history for January 2024. The highest quote for this month is 1.2754 (14/01/2024) and the lowest 1.2785 (12/01/2024). The difference between high and low is -0.24.

GBP BMD average rate for January 2024 is 1.27081, the change between 01/01/2024 and 31/01/2024 is +0.27 %.

01 January 20241 GBP = 1.273 BMD
02 January 20241 GBP = 1.273 BMD
03 January 20241 GBP = 1.262 BMD
04 January 20241 GBP = 1.267 BMD
05 January 20241 GBP = 1.268 BMD
07 January 20241 GBP = 1.272 BMD
08 January 20241 GBP = 1.272 BMD
09 January 20241 GBP = 1.275 BMD
10 January 20241 GBP = 1.271 BMD
11 January 20241 GBP = 1.275 BMD
12 January 20241 GBP = 1.278 BMD
14 January 20241 GBP = 1.275 BMD
15 January 20241 GBP = 1.274 BMD
16 January 20241 GBP = 1.272 BMD
17 January 20241 GBP = 1.264 BMD
18 January 20241 GBP = 1.268 BMD
19 January 20241 GBP = 1.271 BMD
21 January 20241 GBP = 1.270 BMD
22 January 20241 GBP = 1.270 BMD
23 January 20241 GBP = 1.271 BMD
24 January 20241 GBP = 1.269 BMD
25 January 20241 GBP = 1.272 BMD
26 January 20241 GBP = 1.271 BMD
28 January 20241 GBP = 1.270 BMD
29 January 20241 GBP = 1.270 BMD
30 January 20241 GBP = 1.271 BMD
31 January 20241 GBP = 1.270 BMD

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.
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