Venezuelan Bolívar in Brunei dollar

VEF Venezuelan Bolívar

Country of application:
Venezuela

Coin denominations in circulation:
500, 100, 50, 25, 5, 2 and 1 bolivar, 50, 25, 10, 5 centimos.

Denominations of banknotes in circulation:
50,000, 20,000, 10,000, 5000, 2000, 1000, 500, 100, 50, 20, 10 and 5 bolivars.

History reference:
Bolivar is first a minor (in 1871-1879), and then the main (from 1879 to 2018) monetary unit of Venezuela. Bolívar is named after Latin American independence hero Simón Bolívar. The bolívar was passe...d under the Monetary Law of 1879, replacing the short-lived Venezolano at a rate of five bolívares to one Venezolano. The bolivar was originally defined by a silver standard, equal to 4.5 grams of pure silver, following the principles of the Latin Monetary Union. The monetary law of 1887 made the gold bolivar unrestricted legal tender, and the gold standard came into full force in 1910. Venezuela abandoned gold in 1930, and in 1934 the exchange rate of the bolivar was fixed in US dollars at a rate of 3.914 bolivars = US$1, valued at 3.18 bolivars = US$1 in 1937, a rate that lasted until 1941 Until February 18, 1983 (now called Black Friday (Viernes Negro) by many Venezuelans), the Bolívar was the most stable and internationally recognized currency in the region. It then fell victim to a massive devaluation.

BND Brunei dollar

Country of application:
Brunei, Singapore

Coin denominations in circulation:
5, 10, 20, 50 sep.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100 dollars.

History reference:
The Brunei dollar is the currency of Brunei. Early currency in Brunei included cowrie shells. Brunei is famous for its bronze teapots, which were used as currency in trade along the coast of North Bo...rneo. Brunei issued pewter coins called pitis in 1285 AH (1868 AD). Their issue followed the one cent coins in 1304 AH. (1888 AD). This cent was equal to one hundredth of a dollar. The Brunei dollar replaced the Malayan dollar and the British Borneo dollar in 1967 after the formation of Malaysia and the independence of Singapore. Until June 23, 1973, the Malaysian ringgit was exchanged at par for the Singapore dollar and the Brunei dollar.