Historic Kazakhstani tenge Bermudian dollar

Kazakhstani tenge bermudian dollar history for February 2024. The highest quote for this month is 0.002244 (12/02/2024) and the lowest 0.002258 (12/02/2024). The difference between high and low is -0.62.

KZT BMD average rate for February 2024 is 0.00223, the change between 01/02/2024 and 29/02/2024 is +0.04 %.

01 February 20241 KZT = 0.0022 BMD
02 February 20241 KZT = 0.0022 BMD
03 February 20241 KZT = 0.0022 BMD
04 February 20241 KZT = 0.0022 BMD
05 February 20241 KZT = 0.0022 BMD
06 February 20241 KZT = 0.0022 BMD
07 February 20241 KZT = 0.0022 BMD
08 February 20241 KZT = 0.0022 BMD
09 February 20241 KZT = 0.0022 BMD
12 February 20241 KZT = 0.0023 BMD
13 February 20241 KZT = 0.0022 BMD
14 February 20241 KZT = 0.0022 BMD
15 February 20241 KZT = 0.0022 BMD
16 February 20241 KZT = 0.0022 BMD
17 February 20241 KZT = 0.0022 BMD
18 February 20241 KZT = 0.0022 BMD
19 February 20241 KZT = 0.0022 BMD
20 February 20241 KZT = 0.0022 BMD
21 February 20241 KZT = 0.0022 BMD
22 February 20241 KZT = 0.0022 BMD
23 February 20241 KZT = 0.0022 BMD
24 February 20241 KZT = 0.0022 BMD
25 February 20241 KZT = 0.0022 BMD
26 February 20241 KZT = 0.0022 BMD
27 February 20241 KZT = 0.0022 BMD
28 February 20241 KZT = 0.0022 BMD
29 February 20241 KZT = 0.0022 BMD

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

01/01/1997: Incorporation into Federal Reserve System

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

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.
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