Convert Brunei Dollar to Philippine Peso
Please provide values below to convert Brunei Dollar [BND] to Philippine Peso [PHP], or Convert Philippine Peso to Brunei Dollar.
How to Convert Brunei Dollar to Philippine Peso
1 BND = 0.0224718706480068 PHP
Example: convert 15 BND to PHP:
15 BND = 15 × 0.0224718706480068 PHP = 0.337078059720103 PHP
Brunei Dollar to Philippine Peso Conversion Table
| Brunei Dollar | Philippine Peso |
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Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.