Historic Icelandic Krona Bermudian dollar

Icelandic Krona bermudian dollar history for September 2023. The highest quote for this month is 0.007564 (01/09/2023) and the lowest 0.007659 (01/09/2023). The difference between high and low is -1.26.

ISK BMD average rate for September 2023 is 0.00742, the change between 01/09/2023 and 30/09/2023 is +4.48 %.

01 September 20231 ISK = 0.0076 BMD
04 September 20231 ISK = 0.0076 BMD
05 September 20231 ISK = 0.0075 BMD
06 September 20231 ISK = 0.0075 BMD
07 September 20231 ISK = 0.0075 BMD
08 September 20231 ISK = 0.0075 BMD
11 September 20231 ISK = 0.0075 BMD
12 September 20231 ISK = 0.0075 BMD
13 September 20231 ISK = 0.0075 BMD
14 September 20231 ISK = 0.0075 BMD
15 September 20231 ISK = 0.0073 BMD
18 September 20231 ISK = 0.0074 BMD
19 September 20231 ISK = 0.0074 BMD
20 September 20231 ISK = 0.0074 BMD
21 September 20231 ISK = 0.0074 BMD
22 September 20231 ISK = 0.0074 BMD
25 September 20231 ISK = 0.0073 BMD
26 September 20231 ISK = 0.0073 BMD
27 September 20231 ISK = 0.0073 BMD
28 September 20231 ISK = 0.0073 BMD
29 September 20231 ISK = 0.0073 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.

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

01/01/1997: Incorporation into Federal Reserve System

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

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.