South African rand bermudian dollar exchange rate history (ZAR BMD) September 2022

South African rand bermudian dollar history for September 2022. The highest quote for this month is 0.057787 (01/09/2022) and the lowest 0.05885 (13/09/2022). The difference between high and low is -1.84.

ZAR BMD average rate for September 2022 is 0.05707, the change between 01/09/2022 and 30/09/2022 is +4.79 %.

01 September 2022	1 ZAR = 0.0585 BMD
02 September 2022	1 ZAR = 0.0580 BMD
05 September 2022	1 ZAR = 0.0578 BMD
06 September 2022	1 ZAR = 0.0583 BMD
07 September 2022	1 ZAR = 0.0579 BMD
08 September 2022	1 ZAR = 0.0580 BMD
09 September 2022	1 ZAR = 0.0572 BMD
12 September 2022	1 ZAR = 0.0580 BMD
13 September 2022	1 ZAR = 0.0585 BMD
14 September 2022	1 ZAR = 0.0575 BMD
15 September 2022	1 ZAR = 0.0572 BMD
16 September 2022	1 ZAR = 0.0569 BMD
19 September 2022	1 ZAR = 0.0568 BMD
20 September 2022	1 ZAR = 0.0567 BMD
21 September 2022	1 ZAR = 0.0565 BMD
22 September 2022	1 ZAR = 0.0565 BMD
23 September 2022	1 ZAR = 0.0569 BMD
26 September 2022	1 ZAR = 0.0558 BMD
27 September 2022	1 ZAR = 0.0554 BMD
28 September 2022	1 ZAR = 0.0556 BMD
29 September 2022	1 ZAR = 0.0560 BMD
30 September 2022	1 ZAR = 0.0557 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.

Historic South African rand Bermudian dollar