Historic Barbadian dollar Indian Rupee

Barbadian dollar indian rupee history for February 2024. The highest quote for this month is 42.143 (12/02/2024) and the lowest 42.227 (02/02/2024). The difference between high and low is -0.2.

BBD INR average rate for February 2024 is 41.90664, the change between 01/02/2024 and 29/02/2024 is +0.14 %.

01 February 20241 BBD = 42.17 INR
02 February 20241 BBD = 42.05 INR
03 February 20241 BBD = 41.46 INR
04 February 20241 BBD = 41.49 INR
05 February 20241 BBD = 41.68 INR
06 February 20241 BBD = 42.08 INR
07 February 20241 BBD = 42.08 INR
08 February 20241 BBD = 42.07 INR
09 February 20241 BBD = 42.04 INR
10 February 20241 BBD = 41.52 INR
12 February 20241 BBD = 42.12 INR
13 February 20241 BBD = 42.08 INR
14 February 20241 BBD = 42.11 INR
15 February 20241 BBD = 42.10 INR
16 February 20241 BBD = 42.10 INR
17 February 20241 BBD = 41.50 INR
18 February 20241 BBD = 41.50 INR
19 February 20241 BBD = 42.08 INR
20 February 20241 BBD = 42.09 INR
21 February 20241 BBD = 41.98 INR
22 February 20241 BBD = 42.04 INR
23 February 20241 BBD = 41.99 INR
24 February 20241 BBD = 41.42 INR
25 February 20241 BBD = 41.42 INR
26 February 20241 BBD = 42.05 INR
27 February 20241 BBD = 42.00 INR
28 February 20241 BBD = 42.05 INR
29 February 20241 BBD = 42.11 INR

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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