Brunei dollar conversion

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Brunei dollar

Abbreviation/Symbol:

  • dollar Brunei
  • sen (Malay)
  • Ringgit

Worldwide use:

  • Brunei
  • Singapore

Description:

The Brunei Dollar is the official currency of Brunei. It is also used alongside the Singapore Dollar in Singapore. One hundred Sen or Cents make up one Brunei Dollar. Coins come in 1, 5, 10, 20 and 50 Cents and banknotes are available in $1, $5, $10, $20, $25, $50, $100, $500, $1000 and $10000. The Brunei Dollar is pegged to the Singapore Dollar at a ratio of 1:1.

The 10000 Brunei Dollar banknote is the most valuable in the world, alongside the 10000 Singapore Dollar banknote. The 100 Brunei Dollar notes won gold at the National Print Award in Australia in 2005. This was for its advanced security features.

Origin:

Very early traders in Brunei used cowrie shells and bronze teapots as currency. However, tin coins were used in AH1285 (AD1868) and a one cent coin in AH1304 (AD1888). Then, due to its relationship with Britain in the early 20th century, the Straits Dollar, British Borneo Dollar and Malayan Dollar were used. The Brunei Dollar was finally established in 1967. New banknotes were circulated in 1972 and in 2004 polymer plastic banknotes were introduced.

Component units:

  • sen (Malay) (100)

Date introduced:

  • 1967

Central bank:

  • Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam)

Printer:

  • Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam)

Mint:

  • Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam)