By Admin 
When we talk about the currencies of the world, the US dollar or Euro is often mentioned, but there is also a currency whose single note costs around seven lakh rupees in India. This note is a high denomination note of 10,000 Brunei dollars, whose Indian price is approximately Rs 6.8 lakh. The amount is so huge that anyone would be shocked to see it. Let us tell you that according to the report of Vice.com, the price of 1 Brunei dollar in Indian rupees is Rs 69.61.
Brunei is a very small but extremely prosperous country in South-East Asia. The main basis of its prosperity is its immense reserves of oil and natural gas. The population of the country is around 5 lakhs, hence the income earned is directly reflected in the standard of living of the citizens. This is the reason why the strength of its currency is also counted as an example in the world.
10,000 Brunei dollars—one of the most expensive notes in the world
This special denomination note of Brunei comes among the very few currencies in the world whose one unit commands such a high price. If 10,000 Brunei dollars are converted into US dollars, then its value becomes approximately 7,770 USD. Brunei prints it in limited quantities and its security facilities are also considered state-of-the-art, hence this note is considered very prestigious.
par value of brunei dollar and singapore dollar
An important agreement was signed between Brunei and Singapore in 1967, under which the value of the currencies of both the countries was kept the same. Even today, the Brunei dollar and the Singapore dollar move at equal rates and both countries accept each other’s currency. This arrangement makes the Brunei currency more reliable.
Why is Brunei’s economic foundation so strong?
The country’s economic strength comes from its oil and gas exports. The government has huge cash reserves and the country’s debt is considered among the lowest in the world—only 1.9 percent of GDP. Due to low population and abundant resources, Brunei’s per capita income remains at the top in Asia. This is the reason why its currency is counted among the strongest and stable currencies in the world.
Small country but strongest currency
On the basis of its natural wealth and well-organized economic policy, Brunei has achieved a reputation which even many big countries could not touch. His $10,000 note is not just a piece of paper, but a symbol of his economic power.
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