Historic Indian Rupee Bermudian dollar

Indian Rupee bermudian dollar history for February 2024. The highest quote for this month is 0.012072 (24/02/2024) and the lowest 0.012075 (02/02/2024). The difference between high and low is -0.02.

INR BMD average rate for February 2024 is 0.01205, the change between 01/02/2024 and 29/02/2024 is -0.17 %.

01 February 20241 INR = 0.0120 BMD
02 February 20241 INR = 0.0121 BMD
03 February 20241 INR = 0.0121 BMD
04 February 20241 INR = 0.0121 BMD
05 February 20241 INR = 0.0120 BMD
06 February 20241 INR = 0.0120 BMD
07 February 20241 INR = 0.0120 BMD
08 February 20241 INR = 0.0120 BMD
09 February 20241 INR = 0.0121 BMD
10 February 20241 INR = 0.0120 BMD
12 February 20241 INR = 0.0120 BMD
13 February 20241 INR = 0.0121 BMD
14 February 20241 INR = 0.0120 BMD
15 February 20241 INR = 0.0120 BMD
16 February 20241 INR = 0.0120 BMD
17 February 20241 INR = 0.0120 BMD
18 February 20241 INR = 0.0120 BMD
19 February 20241 INR = 0.0120 BMD
20 February 20241 INR = 0.0120 BMD
21 February 20241 INR = 0.0121 BMD
22 February 20241 INR = 0.0121 BMD
23 February 20241 INR = 0.0121 BMD
24 February 20241 INR = 0.0121 BMD
25 February 20241 INR = 0.0121 BMD
26 February 20241 INR = 0.0121 BMD
27 February 20241 INR = 0.0121 BMD
28 February 20241 INR = 0.0121 BMD
29 February 20241 INR = 0.0121 BMD

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

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.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

01/01/1997: Incorporation into Federal Reserve System

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

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.
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