Historic Brunei dollar South Korean Won

Brunei dollar south korean won history for August 2023. The highest quote for this month is 1006.79 (21/08/2023) and the lowest 1003.55 (21/08/2023). The difference between high and low is 0.32.

BND KRW average rate for August 2023 is 993.80885, the change between 01/08/2023 and 31/08/2023 is -1.69 %.

01 August 20231 BND = 977.2 KRW
02 August 20231 BND = 983.1 KRW
03 August 20231 BND = 984.1 KRW
04 August 20231 BND = 982.9 KRW
07 August 20231 BND = 992.9 KRW
08 August 20231 BND = 991.8 KRW
09 August 20231 BND = 993.5 KRW
10 August 20231 BND = 993.0 KRW
11 August 20231 BND = 996.6 KRW
12 August 20231 BND = 979.9 KRW
14 August 20231 BND = 997.8 KRW
15 August 20231 BND = 1001.94 KRW
16 August 20231 BND = 1003.57 KRW
17 August 20231 BND = 1006.10 KRW
18 August 20231 BND = 1002.91 KRW
19 August 20231 BND = 987.4 KRW
20 August 20231 BND = 987.4 KRW
21 August 20231 BND = 1005.62 KRW
22 August 20231 BND = 1004.61 KRW
23 August 20231 BND = 1005.46 KRW
24 August 20231 BND = 994.3 KRW
25 August 20231 BND = 997.6 KRW
28 August 20231 BND = 992.8 KRW
29 August 20231 BND = 991.3 KRW
30 August 20231 BND = 991.8 KRW
31 August 20231 BND = 993.7 KRW

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

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.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

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.