Historic South African rand Bermudian dollar

South African rand bermudian dollar history for January 2024. The highest quote for this month is 0.054506 (01/01/2024) and the lowest 0.05487 (02/01/2024). The difference between high and low is -0.67.

ZAR BMD average rate for January 2024 is 0.05335, the change between 01/01/2024 and 31/01/2024 is +2.71 %.

01 January 20241 ZAR = 0.0547 BMD
02 January 20241 ZAR = 0.0546 BMD
03 January 20241 ZAR = 0.0539 BMD
04 January 20241 ZAR = 0.0536 BMD
05 January 20241 ZAR = 0.0535 BMD
06 January 20241 ZAR = 0.0535 BMD
07 January 20241 ZAR = 0.0535 BMD
08 January 20241 ZAR = 0.0536 BMD
09 January 20241 ZAR = 0.0539 BMD
10 January 20241 ZAR = 0.0537 BMD
11 January 20241 ZAR = 0.0537 BMD
12 January 20241 ZAR = 0.0536 BMD
13 January 20241 ZAR = 0.0537 BMD
14 January 20241 ZAR = 0.0537 BMD
15 January 20241 ZAR = 0.0537 BMD
16 January 20241 ZAR = 0.0536 BMD
17 January 20241 ZAR = 0.0527 BMD
18 January 20241 ZAR = 0.0524 BMD
19 January 20241 ZAR = 0.0529 BMD
20 January 20241 ZAR = 0.0526 BMD
21 January 20241 ZAR = 0.0526 BMD
22 January 20241 ZAR = 0.0526 BMD
23 January 20241 ZAR = 0.0521 BMD
24 January 20241 ZAR = 0.0529 BMD
25 January 20241 ZAR = 0.0530 BMD
26 January 20241 ZAR = 0.0530 BMD
27 January 20241 ZAR = 0.0533 BMD
28 January 20241 ZAR = 0.0532 BMD
29 January 20241 ZAR = 0.0533 BMD
30 January 20241 ZAR = 0.0533 BMD
31 January 20241 ZAR = 0.0533 BMD

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.
ZAR BMD January 2024
ZAR BMD February 2024
ZAR BMD March 2024
ZAR BMD April 2024
ZAR BMD May 2024
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ZAR BMD July 2024
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ZAR BMD December 2024
ZAR BMD January 2025