Historic Bermudian dollar South Korean Won

Bermudian dollar south korean won history for October 2023. The highest quote for this month is 1364.71 (03/10/2023) and the lowest 1354.93 (28/10/2023). The difference between high and low is 0.72.

BMD KRW average rate for October 2023 is 1349.40786, the change between 01/10/2023 and 31/10/2023 is +0.28 %.

01 October 20231 BMD = 1351.86 KRW
02 October 20231 BMD = 1351.94 KRW
03 October 20231 BMD = 1354.19 KRW
04 October 20231 BMD = 1359.22 KRW
05 October 20231 BMD = 1351.16 KRW
06 October 20231 BMD = 1346.06 KRW
07 October 20231 BMD = 1344.59 KRW
09 October 20231 BMD = 1343.36 KRW
10 October 20231 BMD = 1346.89 KRW
11 October 20231 BMD = 1341.89 KRW
12 October 20231 BMD = 1338.26 KRW
13 October 20231 BMD = 1348.34 KRW
16 October 20231 BMD = 1352.07 KRW
17 October 20231 BMD = 1347.76 KRW
18 October 20231 BMD = 1352.99 KRW
19 October 20231 BMD = 1354.56 KRW
20 October 20231 BMD = 1356.23 KRW
21 October 20231 BMD = 1349.15 KRW
22 October 20231 BMD = 1349.31 KRW
23 October 20231 BMD = 1349.34 KRW
24 October 20231 BMD = 1334.44 KRW
25 October 20231 BMD = 1343.64 KRW
26 October 20231 BMD = 1352.68 KRW
27 October 20231 BMD = 1350.34 KRW
28 October 20231 BMD = 1354.93 KRW
29 October 20231 BMD = 1354.93 KRW
30 October 20231 BMD = 1355.22 KRW
31 October 20231 BMD = 1348.07 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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