Historic Bermudian dollar South Korean Won

Bermudian dollar south korean won history for September 2023. The highest quote for this month is 1357.29 (27/09/2023) and the lowest 1347.25 (27/09/2023). The difference between high and low is 0.74.

BMD KRW average rate for September 2023 is 1333.53083, the change between 01/09/2023 and 30/09/2023 is -2.09 %.

01 September 20231 BMD = 1324.64 KRW
04 September 20231 BMD = 1317.46 KRW
05 September 20231 BMD = 1317.95 KRW
06 September 20231 BMD = 1331.73 KRW
07 September 20231 BMD = 1333.46 KRW
08 September 20231 BMD = 1334.02 KRW
11 September 20231 BMD = 1335.32 KRW
12 September 20231 BMD = 1320.44 KRW
13 September 20231 BMD = 1324.10 KRW
14 September 20231 BMD = 1329.77 KRW
15 September 20231 BMD = 1327.06 KRW
18 September 20231 BMD = 1328.42 KRW
19 September 20231 BMD = 1329.66 KRW
20 September 20231 BMD = 1328.53 KRW
21 September 20231 BMD = 1332.34 KRW
22 September 20231 BMD = 1341.17 KRW
23 September 20231 BMD = 1334.01 KRW
24 September 20231 BMD = 1334.84 KRW
25 September 20231 BMD = 1334.66 KRW
26 September 20231 BMD = 1338.45 KRW
27 September 20231 BMD = 1353.75 KRW
28 September 20231 BMD = 1352.82 KRW
29 September 20231 BMD = 1347.85 KRW
30 September 20231 BMD = 1352.29 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.