Historic Bermudian dollar South Korean Won

Bermudian dollar south korean won history for November 2023. The highest quote for this month is 1359.15 (01/11/2023) and the lowest 1347.73 (01/11/2023). The difference between high and low is 0.84.

BMD KRW average rate for November 2023 is 1306.35852, the change between 01/11/2023 and 30/11/2023 is +4.58 %.

01 November 20231 BMD = 1350.16 KRW
02 November 20231 BMD = 1347.84 KRW
03 November 20231 BMD = 1333.68 KRW
06 November 20231 BMD = 1307.84 KRW
07 November 20231 BMD = 1297.11 KRW
08 November 20231 BMD = 1304.55 KRW
09 November 20231 BMD = 1308.12 KRW
10 November 20231 BMD = 1315.20 KRW
11 November 20231 BMD = 1316.80 KRW
12 November 20231 BMD = 1316.49 KRW
13 November 20231 BMD = 1319.62 KRW
14 November 20231 BMD = 1319.07 KRW
15 November 20231 BMD = 1304.24 KRW
16 November 20231 BMD = 1301.86 KRW
17 November 20231 BMD = 1292.45 KRW
18 November 20231 BMD = 1294.34 KRW
19 November 20231 BMD = 1294.34 KRW
20 November 20231 BMD = 1294.50 KRW
21 November 20231 BMD = 1288.15 KRW
22 November 20231 BMD = 1295.19 KRW
23 November 20231 BMD = 1298.79 KRW
24 November 20231 BMD = 1300.18 KRW
26 November 20231 BMD = 1302.95 KRW
27 November 20231 BMD = 1289.79 KRW
28 November 20231 BMD = 1302.53 KRW
29 November 20231 BMD = 1287.53 KRW
30 November 20231 BMD = 1288.36 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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