Pound Sterling to Brunei dollar — exchange rate

The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.

Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.

The Brunei dollar (B$) is the national currency of Brunei. The banknotes have replaced the Malaya and the British dollar. The BND abbreviation is used for easier currency conversion, conversion both on the domestic and international markets $ banknotes can be changed for cents.

One Brunei dollar is subdivided into 100 cents. The Brunei dollar was issued in 1967. In 1979, and later in 1989, the government printed banknotes of bigger denomination due to inflation. The first Brunei currency was cowrie - colorful shells of sea mollusks that live in local waters. It is worth mentioning that cowrie was used not only in Brunei, but in other countries as well, such as China, Guinea, and the Philippines.