Bermudian dollar indian rupee exchange rate history (BMD INR) October 2023

Bermudian dollar indian rupee history for October 2023. The highest quote for this month is 84.697 (05/10/2023) and the lowest 83.24 (28/10/2023). The difference between high and low is 1.72.

BMD INR average rate for October 2023 is 83.20493, the change between 01/10/2023 and 31/10/2023 is -0.35 %.

01 October 2023	1 BMD = 83.01 INR
02 October 2023	1 BMD = 83.04 INR
03 October 2023	1 BMD = 83.36 INR
04 October 2023	1 BMD = 83.23 INR
05 October 2023	1 BMD = 83.45 INR
06 October 2023	1 BMD = 83.23 INR
07 October 2023	1 BMD = 83.11 INR
09 October 2023	1 BMD = 83.13 INR
10 October 2023	1 BMD = 83.27 INR
11 October 2023	1 BMD = 83.25 INR
12 October 2023	1 BMD = 83.22 INR
13 October 2023	1 BMD = 83.26 INR
16 October 2023	1 BMD = 83.28 INR
17 October 2023	1 BMD = 83.20 INR
18 October 2023	1 BMD = 83.26 INR
19 October 2023	1 BMD = 83.27 INR
20 October 2023	1 BMD = 83.12 INR
21 October 2023	1 BMD = 83.12 INR
22 October 2023	1 BMD = 83.12 INR
23 October 2023	1 BMD = 83.16 INR
24 October 2023	1 BMD = 83.03 INR
25 October 2023	1 BMD = 82.99 INR
26 October 2023	1 BMD = 83.17 INR
27 October 2023	1 BMD = 83.28 INR
28 October 2023	1 BMD = 83.24 INR
29 October 2023	1 BMD = 83.24 INR
30 October 2023	1 BMD = 83.41 INR
31 October 2023	1 BMD = 83.30 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.

Historic Bermudian dollar Indian Rupee