Historic Bermudian dollar Indian Rupee

Bermudian dollar indian rupee history for February 2024. The highest quote for this month is 83.124 (12/02/2024) and the lowest 83.03 (10/02/2024). The difference between high and low is 0.11.

BMD INR average rate for February 2024 is 82.96964, the change between 01/02/2024 and 29/02/2024 is +0.17 %.

01 February 20241 BMD = 83.05 INR
02 February 20241 BMD = 82.93 INR
03 February 20241 BMD = 82.92 INR
04 February 20241 BMD = 82.98 INR
05 February 20241 BMD = 83.00 INR
06 February 20241 BMD = 83.10 INR
07 February 20241 BMD = 83.07 INR
08 February 20241 BMD = 83.01 INR
09 February 20241 BMD = 82.99 INR
10 February 20241 BMD = 83.03 INR
12 February 20241 BMD = 83.02 INR
13 February 20241 BMD = 82.99 INR
14 February 20241 BMD = 83.08 INR
15 February 20241 BMD = 83.04 INR
16 February 20241 BMD = 83.01 INR
17 February 20241 BMD = 82.99 INR
18 February 20241 BMD = 82.99 INR
19 February 20241 BMD = 83.02 INR
20 February 20241 BMD = 83.02 INR
21 February 20241 BMD = 82.83 INR
22 February 20241 BMD = 82.94 INR
23 February 20241 BMD = 82.87 INR
24 February 20241 BMD = 82.84 INR
25 February 20241 BMD = 82.84 INR
26 February 20241 BMD = 82.88 INR
27 February 20241 BMD = 82.85 INR
28 February 20241 BMD = 82.95 INR
29 February 20241 BMD = 82.91 INR

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.

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.

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.

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.

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.

01/01/1997: Incorporation into Federal Reserve System

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

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.

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.

06/07/1970: Currency Board Agreement

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

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.

01/01/1862: 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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