Historic Indian Rupee Barbadian dollar

Indian Rupee barbadian dollar history for February 2024. The highest quote for this month is 0.024143 (24/02/2024) and the lowest 0.024143 (24/02/2024). The difference between high and low is 0.

INR BBD average rate for February 2024 is 0.02386, the change between 01/02/2024 and 29/02/2024 is -0.14 %.

01 February 20241 INR = 0.0237 BBD
02 February 20241 INR = 0.0238 BBD
03 February 20241 INR = 0.0241 BBD
04 February 20241 INR = 0.0241 BBD
05 February 20241 INR = 0.0240 BBD
06 February 20241 INR = 0.0238 BBD
07 February 20241 INR = 0.0238 BBD
08 February 20241 INR = 0.0238 BBD
09 February 20241 INR = 0.0238 BBD
10 February 20241 INR = 0.0241 BBD
12 February 20241 INR = 0.0237 BBD
13 February 20241 INR = 0.0238 BBD
14 February 20241 INR = 0.0237 BBD
15 February 20241 INR = 0.0238 BBD
16 February 20241 INR = 0.0238 BBD
17 February 20241 INR = 0.0241 BBD
18 February 20241 INR = 0.0241 BBD
19 February 20241 INR = 0.0238 BBD
20 February 20241 INR = 0.0238 BBD
21 February 20241 INR = 0.0238 BBD
22 February 20241 INR = 0.0238 BBD
23 February 20241 INR = 0.0238 BBD
24 February 20241 INR = 0.0241 BBD
25 February 20241 INR = 0.0241 BBD
26 February 20241 INR = 0.0238 BBD
27 February 20241 INR = 0.0238 BBD
28 February 20241 INR = 0.0238 BBD
29 February 20241 INR = 0.0237 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.
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