Historic Pound sterling Bermudian dollar

Pound sterling bermudian dollar history for October 2023. The highest quote for this month is 1.2271 (11/10/2023) and the lowest 1.2336 (11/10/2023). The difference between high and low is -0.53.

GBP BMD average rate for October 2023 is 1.21741, the change between 01/10/2023 and 31/10/2023 is +0.23 %.

01 October 20231 GBP = 1.219 BMD
02 October 20231 GBP = 1.219 BMD
03 October 20231 GBP = 1.209 BMD
04 October 20231 GBP = 1.208 BMD
05 October 20231 GBP = 1.214 BMD
06 October 20231 GBP = 1.219 BMD
09 October 20231 GBP = 1.222 BMD
10 October 20231 GBP = 1.225 BMD
11 October 20231 GBP = 1.229 BMD
12 October 20231 GBP = 1.232 BMD
13 October 20231 GBP = 1.218 BMD
16 October 20231 GBP = 1.215 BMD
17 October 20231 GBP = 1.221 BMD
18 October 20231 GBP = 1.218 BMD
19 October 20231 GBP = 1.214 BMD
20 October 20231 GBP = 1.214 BMD
22 October 20231 GBP = 1.216 BMD
23 October 20231 GBP = 1.216 BMD
24 October 20231 GBP = 1.225 BMD
25 October 20231 GBP = 1.216 BMD
26 October 20231 GBP = 1.210 BMD
27 October 20231 GBP = 1.214 BMD
29 October 20231 GBP = 1.213 BMD
30 October 20231 GBP = 1.211 BMD
31 October 20231 GBP = 1.217 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.