Historic Brunei dollar South African rand

Brunei dollar south african rand history for February 2024. The highest quote for this month is 14.661 (23/02/2024) and the lowest 14.57 (26/02/2024). The difference between high and low is 0.62.

BND ZAR average rate for February 2024 is 14.30607, the change between 01/02/2024 and 29/02/2024 is -3 %.

01 February 20241 BND = 14.16 ZAR
02 February 20241 BND = 14.09 ZAR
03 February 20241 BND = 14.09 ZAR
04 February 20241 BND = 14.07 ZAR
05 February 20241 BND = 14.26 ZAR
06 February 20241 BND = 14.39 ZAR
07 February 20241 BND = 14.22 ZAR
08 February 20241 BND = 14.32 ZAR
09 February 20241 BND = 14.33 ZAR
12 February 20241 BND = 14.36 ZAR
13 February 20241 BND = 14.30 ZAR
14 February 20241 BND = 14.43 ZAR
15 February 20241 BND = 14.35 ZAR
16 February 20241 BND = 14.31 ZAR
17 February 20241 BND = 14.00 ZAR
18 February 20241 BND = 14.00 ZAR
19 February 20241 BND = 14.23 ZAR
20 February 20241 BND = 14.32 ZAR
21 February 20241 BND = 14.30 ZAR
22 February 20241 BND = 14.30 ZAR
23 February 20241 BND = 14.52 ZAR
24 February 20241 BND = 14.36 ZAR
25 February 20241 BND = 14.38 ZAR
26 February 20241 BND = 14.62 ZAR
27 February 20241 BND = 14.55 ZAR
28 February 20241 BND = 14.45 ZAR
29 February 20241 BND = 14.58 ZAR

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.

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.

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.

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.

18/03/1996: Change in currency regime

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

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.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.