Historic Bermudian dollar Australian dollar

Bermudian dollar australian dollar history for January 2024. The highest quote for this month is 1.5318 (17/01/2024) and the lowest 1.5209 (18/01/2024). The difference between high and low is 0.71.

BMD AUD average rate for January 2024 is 1.50294, the change between 01/01/2024 and 31/01/2024 is -3.42 %.

01 January 20241 BMD = 1.466 AUD
02 January 20241 BMD = 1.468 AUD
03 January 20241 BMD = 1.478 AUD
04 January 20241 BMD = 1.485 AUD
05 January 20241 BMD = 1.491 AUD
06 January 20241 BMD = 1.489 AUD
07 January 20241 BMD = 1.489 AUD
08 January 20241 BMD = 1.489 AUD
09 January 20241 BMD = 1.488 AUD
10 January 20241 BMD = 1.496 AUD
11 January 20241 BMD = 1.492 AUD
12 January 20241 BMD = 1.493 AUD
13 January 20241 BMD = 1.495 AUD
14 January 20241 BMD = 1.495 AUD
15 January 20241 BMD = 1.495 AUD
16 January 20241 BMD = 1.504 AUD
17 January 20241 BMD = 1.518 AUD
18 January 20241 BMD = 1.526 AUD
19 January 20241 BMD = 1.519 AUD
20 January 20241 BMD = 1.515 AUD
21 January 20241 BMD = 1.517 AUD
22 January 20241 BMD = 1.516 AUD
23 January 20241 BMD = 1.522 AUD
24 January 20241 BMD = 1.518 AUD
25 January 20241 BMD = 1.521 AUD
26 January 20241 BMD = 1.518 AUD
27 January 20241 BMD = 1.520 AUD
28 January 20241 BMD = 1.520 AUD
29 January 20241 BMD = 1.520 AUD
30 January 20241 BMD = 1.512 AUD
31 January 20241 BMD = 1.516 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

01/01/1997: Incorporation into Federal Reserve System

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

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.
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