Convert United States Dollar to Brunei Dollar
Please provide values below to convert United States Dollar [USD] to Brunei Dollar [BND], or Convert Brunei Dollar to United States Dollar.
How to Convert United States Dollar to Brunei Dollar
1 USD = 0.781494216942795 BND
Example: convert 15 USD to BND:
15 USD = 15 × 0.781494216942795 BND = 11.7224132541419 BND
United States Dollar to Brunei Dollar Conversion Table
| United States Dollar | Brunei Dollar |
|---|
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.