Historic Bermudian dollar New Zealand Dollar

Bermudian dollar new zealand dollar history for January 2024. The highest quote for this month is 1.6478 (23/01/2024) and the lowest 1.6413 (27/01/2024). The difference between high and low is 0.39.

BMD NZD average rate for January 2024 is 1.61772, the change between 01/01/2024 and 31/01/2024 is -3.06 %.

01 January 20241 BMD = 1.582 NZD
02 January 20241 BMD = 1.584 NZD
03 January 20241 BMD = 1.600 NZD
04 January 20241 BMD = 1.600 NZD
05 January 20241 BMD = 1.605 NZD
06 January 20241 BMD = 1.602 NZD
07 January 20241 BMD = 1.600 NZD
08 January 20241 BMD = 1.600 NZD
09 January 20241 BMD = 1.600 NZD
10 January 20241 BMD = 1.603 NZD
11 January 20241 BMD = 1.605 NZD
12 January 20241 BMD = 1.602 NZD
13 January 20241 BMD = 1.601 NZD
14 January 20241 BMD = 1.601 NZD
15 January 20241 BMD = 1.604 NZD
16 January 20241 BMD = 1.615 NZD
17 January 20241 BMD = 1.628 NZD
18 January 20241 BMD = 1.636 NZD
19 January 20241 BMD = 1.634 NZD
20 January 20241 BMD = 1.636 NZD
21 January 20241 BMD = 1.635 NZD
22 January 20241 BMD = 1.634 NZD
23 January 20241 BMD = 1.646 NZD
24 January 20241 BMD = 1.638 NZD
25 January 20241 BMD = 1.637 NZD
26 January 20241 BMD = 1.637 NZD
27 January 20241 BMD = 1.641 NZD
28 January 20241 BMD = 1.641 NZD
29 January 20241 BMD = 1.641 NZD
30 January 20241 BMD = 1.630 NZD
31 January 20241 BMD = 1.631 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.
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