Historic Bermudian dollar South Korean Won

Bermudian dollar south korean won history for December 2023. The highest quote for this month is 1327.05 (07/12/2023) and the lowest 1316.39 (10/12/2023). The difference between high and low is 0.8.

BMD KRW average rate for December 2023 is 1299.89966, the change between 01/12/2023 and 31/12/2023 is +1.45 %.

01 December 20231 BMD = 1296.66 KRW
02 December 20231 BMD = 1293.00 KRW
03 December 20231 BMD = 1293.86 KRW
04 December 20231 BMD = 1299.19 KRW
05 December 20231 BMD = 1307.80 KRW
06 December 20231 BMD = 1313.37 KRW
07 December 20231 BMD = 1313.72 KRW
08 December 20231 BMD = 1312.76 KRW
09 December 20231 BMD = 1306.80 KRW
10 December 20231 BMD = 1316.39 KRW
11 December 20231 BMD = 1316.51 KRW
12 December 20231 BMD = 1313.62 KRW
13 December 20231 BMD = 1310.14 KRW
14 December 20231 BMD = 1292.01 KRW
15 December 20231 BMD = 1291.92 KRW
16 December 20231 BMD = 1300.40 KRW
17 December 20231 BMD = 1300.40 KRW
18 December 20231 BMD = 1276.47 KRW
19 December 20231 BMD = 1302.93 KRW
20 December 20231 BMD = 1297.76 KRW
21 December 20231 BMD = 1296.98 KRW
22 December 20231 BMD = 1291.71 KRW
23 December 20231 BMD = 1297.00 KRW
24 December 20231 BMD = 1297.23 KRW
25 December 20231 BMD = 1297.36 KRW
26 December 20231 BMD = 1294.58 KRW
27 December 20231 BMD = 1293.92 KRW
28 December 20231 BMD = 1294.76 KRW
29 December 20231 BMD = 1277.84 KRW

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

01/01/1997: Incorporation into Federal Reserve System

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

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
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