Bermudian dollar new zealand dollar exchange rate history (BMD NZD) August 2023

Bermudian dollar new zealand dollar history for August 2023. The highest quote for this month is 1.6981 (25/08/2023) and the lowest 1.6881 (20/08/2023). The difference between high and low is 0.59.

BMD NZD average rate for August 2023 is 1.66734, the change between 01/08/2023 and 31/08/2023 is -4.23 %.

01 August 2023	1 BMD = 1.612 NZD
02 August 2023	1 BMD = 1.628 NZD
03 August 2023	1 BMD = 1.643 NZD
04 August 2023	1 BMD = 1.644 NZD
07 August 2023	1 BMD = 1.639 NZD
08 August 2023	1 BMD = 1.638 NZD
09 August 2023	1 BMD = 1.651 NZD
10 August 2023	1 BMD = 1.650 NZD
11 August 2023	1 BMD = 1.663 NZD
12 August 2023	1 BMD = 1.671 NZD
14 August 2023	1 BMD = 1.671 NZD
15 August 2023	1 BMD = 1.674 NZD
16 August 2023	1 BMD = 1.679 NZD
17 August 2023	1 BMD = 1.686 NZD
18 August 2023	1 BMD = 1.688 NZD
20 August 2023	1 BMD = 1.688 NZD
21 August 2023	1 BMD = 1.687 NZD
22 August 2023	1 BMD = 1.686 NZD
23 August 2023	1 BMD = 1.683 NZD
24 August 2023	1 BMD = 1.674 NZD
25 August 2023	1 BMD = 1.689 NZD
28 August 2023	1 BMD = 1.692 NZD
29 August 2023	1 BMD = 1.693 NZD
30 August 2023	1 BMD = 1.676 NZD
31 August 2023	1 BMD = 1.680 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

01/01/1997: Incorporation into Federal Reserve System

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

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

06/01/1982: New notes and coins

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

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic Bermudian dollar New Zealand Dollar