Historic South Korean Won Brunei dollar

South Korean Won brunei dollar history for December 2023. The highest quote for this month is 0.001031 (02/12/2023) and the lowest 0.001031 (02/12/2023). The difference between high and low is 0.

KRW BND average rate for December 2023 is 0.00101, the change between 01/12/2023 and 31/12/2023 is -0.49 %.

01 December 20231 KRW = 0.0010 BND
02 December 20231 KRW = 0.0010 BND
03 December 20231 KRW = 0.0010 BND
04 December 20231 KRW = 0.0010 BND
05 December 20231 KRW = 0.0010 BND
06 December 20231 KRW = 0.0010 BND
07 December 20231 KRW = 0.0010 BND
08 December 20231 KRW = 0.0010 BND
10 December 20231 KRW = 0.0010 BND
11 December 20231 KRW = 0.0010 BND
12 December 20231 KRW = 0.0010 BND
13 December 20231 KRW = 0.0010 BND
14 December 20231 KRW = 0.0010 BND
15 December 20231 KRW = 0.0010 BND
16 December 20231 KRW = 0.0010 BND
17 December 20231 KRW = 0.0010 BND
18 December 20231 KRW = 0.0010 BND
19 December 20231 KRW = 0.0010 BND
20 December 20231 KRW = 0.0010 BND
21 December 20231 KRW = 0.0010 BND
22 December 20231 KRW = 0.0010 BND
23 December 20231 KRW = 0.0010 BND
24 December 20231 KRW = 0.0010 BND
25 December 20231 KRW = 0.0010 BND
26 December 20231 KRW = 0.0010 BND
27 December 20231 KRW = 0.0010 BND
28 December 20231 KRW = 0.0010 BND
29 December 20231 KRW = 0.0010 BND

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.