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Easily convert KRW to BND with ConvertOnline's efficient tool.
The South Korean Won (KRW) is the official currency of South Korea, introduced in 1945 to replace the Korean yen. It is a fiat currency, meaning its value is not backed by physical commodities but rather by the government that issues it. The Won is used for all transactions within South Korea and is subdivided into 100 jeon, though the use of jeon is largely obsolete in everyday transactions.
The Brunei Dollar (BND) is the official currency of Brunei, a small but wealthy nation on the island of Borneo in Southeast Asia. It is pegged to the Singapore Dollar, which helps stabilize its value and facilitates trade between the two nations. The Brunei Dollar is used for all transactions in the country and is recognized as legal tender alongside the Singapore Dollar.