Historic Brunei dollar South Korean Won

Brunei dollar south korean won history for October 2023. The highest quote for this month is 1009.86 (17/10/2023) and the lowest 1004.41 (19/10/2023). The difference between high and low is 0.54.

BND KRW average rate for October 2023 is 999.56893, the change between 01/10/2023 and 31/10/2023 is -1.48 %.

01 October 20231 BND = 990.1 KRW
02 October 20231 BND = 1007.84 KRW
03 October 20231 BND = 1003.91 KRW
04 October 20231 BND = 1005.65 KRW
05 October 20231 BND = 1002.82 KRW
06 October 20231 BND = 1002.23 KRW
07 October 20231 BND = 985.3 KRW
09 October 20231 BND = 1004.87 KRW
10 October 20231 BND = 1001.66 KRW
11 October 20231 BND = 999.4 KRW
12 October 20231 BND = 998.7 KRW
13 October 20231 BND = 1007.01 KRW
16 October 20231 BND = 1004.02 KRW
17 October 20231 BND = 1000.83 KRW
18 October 20231 BND = 1006.60 KRW
19 October 20231 BND = 1006.12 KRW
20 October 20231 BND = 1005.25 KRW
21 October 20231 BND = 983.1 KRW
22 October 20231 BND = 983.5 KRW
23 October 20231 BND = 1002.25 KRW
24 October 20231 BND = 989.6 KRW
25 October 20231 BND = 999.7 KRW
26 October 20231 BND = 1004.63 KRW
27 October 20231 BND = 1001.69 KRW
28 October 20231 BND = 989.0 KRW
29 October 20231 BND = 989.0 KRW
30 October 20231 BND = 1008.69 KRW
31 October 20231 BND = 1004.75 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.
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