Historic South Korean Won Bermudian dollar

South Korean Won bermudian dollar history for September 2023. The highest quote for this month is 0.000756 (04/09/2023) and the lowest 0.000763 (01/09/2023). The difference between high and low is -0.93.

KRW BMD average rate for September 2023 is 0.00075, the change between 01/09/2023 and 30/09/2023 is +2.12 %.

01 September 20231 KRW = 0.0008 BMD
04 September 20231 KRW = 0.0008 BMD
05 September 20231 KRW = 0.0008 BMD
06 September 20231 KRW = 0.0008 BMD
07 September 20231 KRW = 0.0008 BMD
08 September 20231 KRW = 0.0008 BMD
11 September 20231 KRW = 0.0007 BMD
12 September 20231 KRW = 0.0008 BMD
13 September 20231 KRW = 0.0008 BMD
14 September 20231 KRW = 0.0008 BMD
15 September 20231 KRW = 0.0008 BMD
18 September 20231 KRW = 0.0008 BMD
19 September 20231 KRW = 0.0008 BMD
20 September 20231 KRW = 0.0008 BMD
21 September 20231 KRW = 0.0008 BMD
22 September 20231 KRW = 0.0007 BMD
23 September 20231 KRW = 0.0008 BMD
24 September 20231 KRW = 0.0007 BMD
25 September 20231 KRW = 0.0007 BMD
26 September 20231 KRW = 0.0007 BMD
27 September 20231 KRW = 0.0007 BMD
28 September 20231 KRW = 0.0007 BMD
29 September 20231 KRW = 0.0007 BMD
30 September 20231 KRW = 0.0007 BMD

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

01/01/1997: Incorporation into Federal Reserve System

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

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
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