Historic Bermudian dollar South African rand

Bermudian dollar south african rand history for June 2022. The highest quote for this month is 16.469 (30/06/2022) and the lowest 16.171 (30/06/2022). The difference between high and low is 1.81.

BMD ZAR average rate for June 2022 is 15.77491, the change between 01/06/2022 and 30/06/2022 is -3.93 %.

01 June 20221 BMD = 15.60 ZAR
02 June 20221 BMD = 15.59 ZAR
03 June 20221 BMD = 15.45 ZAR
06 June 20221 BMD = 15.54 ZAR
07 June 20221 BMD = 15.42 ZAR
08 June 20221 BMD = 15.36 ZAR
09 June 20221 BMD = 15.28 ZAR
10 June 20221 BMD = 15.48 ZAR
13 June 20221 BMD = 15.86 ZAR
14 June 20221 BMD = 16.11 ZAR
15 June 20221 BMD = 16.02 ZAR
16 June 20221 BMD = 15.74 ZAR
17 June 20221 BMD = 16.00 ZAR
20 June 20221 BMD = 15.98 ZAR
21 June 20221 BMD = 16.02 ZAR
22 June 20221 BMD = 15.92 ZAR
23 June 20221 BMD = 15.90 ZAR
24 June 20221 BMD = 15.94 ZAR
27 June 20221 BMD = 15.77 ZAR
28 June 20221 BMD = 15.83 ZAR
29 June 20221 BMD = 16.06 ZAR
30 June 20221 BMD = 16.21 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1997: Incorporation into Federal Reserve System

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

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.