Historic Bermudian dollar New Zealand Dollar

Bermudian dollar new zealand dollar history for March 2024. The highest quote for this month is 1.6472 (06/03/2024) and the lowest 1.6374 (05/03/2024). The difference between high and low is 0.59.

BMD NZD average rate for March 2024 is 1.63029, the change between 01/03/2024 and 31/03/2024 is +1.25 %.

01 March 20241 BMD = 1.643 NZD
02 March 20241 BMD = 1.636 NZD
03 March 20241 BMD = 1.637 NZD
04 March 20241 BMD = 1.638 NZD
05 March 20241 BMD = 1.640 NZD
06 March 20241 BMD = 1.643 NZD
07 March 20241 BMD = 1.632 NZD
08 March 20241 BMD = 1.618 NZD
09 March 20241 BMD = 1.619 NZD
10 March 20241 BMD = 1.616 NZD
11 March 20241 BMD = 1.618 NZD
12 March 20241 BMD = 1.623 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.