About the Brunei Dollar
The Brunei Dollar was introduced in 1967, replacing the Malaya and British Borneo dollar. A Currency Interchangeability Agreement with Singapore was also signed, pegging the two currencies at par.
The name 'Ringgit' is the Malay word for 'jagged', referring to the serrated edges of early Spanish silver dollars. 'Dollar' is also used in English.
Interesting Facts
Interchangeable with Singapore Dollar
Due to a long-standing agreement, the Brunei Dollar and the Singapore Dollar are interchangeable at par in both countries, a unique arrangement.
One of the World's Largest Banknotes
The B$10,000 banknote is one of the most valuable banknotes in the world, although its printing has been discontinued to combat money laundering.
Polymer Pioneer
Brunei was one of the first countries to adopt polymer banknotes, introducing them in 1996 for their durability and security.
Historical Timeline
The Brunei Dollar is introduced and pegged to the Singapore Dollar.
The first series of polymer banknotes is introduced.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- BND
- Symbol
- B$
- Numeric Code
- 096
- Subunit
- Sen (1/100)
- Introduced
- 1967-06-12
Central Bank
- Name
- Brunei Darussalam Central Bank
- Headquarters
- Bandar Seri Begawan, Brunei
- Founded
- 2011
- Current Governor
- Hajah Rokiah binti Haji Badar (since 2019)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 0.8%
- Interest Rate
- 5.50%
Exchange Rates
What Affects the BND Exchange Rate?
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