Historic Bermudian dollar South Korean Won

Bermudian dollar south korean won history for January 2024. The highest quote for this month is 1350.03 (17/01/2024) and the lowest 1336.72 (28/01/2024). The difference between high and low is 0.99.

BMD KRW average rate for January 2024 is 1321.64714, the change between 01/01/2024 and 31/01/2024 is -2.56 %.

01 January 20241 BMD = 1293.53 KRW
02 January 20241 BMD = 1293.54 KRW
03 January 20241 BMD = 1307.62 KRW
04 January 20241 BMD = 1309.53 KRW
05 January 20241 BMD = 1311.25 KRW
06 January 20241 BMD = 1315.40 KRW
07 January 20241 BMD = 1314.13 KRW
08 January 20241 BMD = 1313.13 KRW
09 January 20241 BMD = 1311.80 KRW
10 January 20241 BMD = 1319.79 KRW
11 January 20241 BMD = 1317.50 KRW
12 January 20241 BMD = 1311.99 KRW
13 January 20241 BMD = 1313.70 KRW
14 January 20241 BMD = 1313.19 KRW
15 January 20241 BMD = 1312.85 KRW
16 January 20241 BMD = 1319.71 KRW
17 January 20241 BMD = 1337.79 KRW
18 January 20241 BMD = 1344.05 KRW
19 January 20241 BMD = 1337.66 KRW
22 January 20241 BMD = 1333.21 KRW
23 January 20241 BMD = 1338.74 KRW
24 January 20241 BMD = 1336.78 KRW
25 January 20241 BMD = 1329.89 KRW
26 January 20241 BMD = 1336.03 KRW
28 January 20241 BMD = 1336.72 KRW
29 January 20241 BMD = 1336.76 KRW
30 January 20241 BMD = 1333.21 KRW
31 January 20241 BMD = 1326.62 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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