Brunei dollar
Encyclopedia
The ringgit Brunei or the Brunei dollar (English
, currency code: BND), has been the currency
of the Sultanate of Brunei
since 1967. It is normally abbreviated with the dollar sign
$, or alternatively B$ to distinguish it from other dollar
-dominated currencies, It is divided into 100 sen (Malay) or cents (English).
The Brunei dollar is managed together
with the Singapore dollar
at a 1:1 ratio by Monetary Authority of Singapore
(MAS). (Singapore
is one of Brunei
's major trading partners.)
.
Brunei issued tin
coins denominated in pitis in AH
1285 (AD1868). These were followed by a one cent coin in AH
1304 (AD1888). This cent was one hundredth of a Straits dollar
.
As a protectorate of Britain
in the early 20th century, Brunei used the Straits dollar
and later the Malayan dollar
and the Malaya and British Borneo dollar
until 1967, when it began issuing its own currency.
The Brunei dollar replaced the Malaya and British Borneo dollar
in 1967 after the formation of Malaysia and the independence of Singapore
. Until June 23, 1973, the Malaysian ringgit
was exchangeable at par with the Singapore dollar and Brunei dollar. The Monetary Authority of Singapore
and the Brunei Currency and Monetary Board still maintain the exchangeability of their two currencies. The dollar is accepted as "customary tender" in Singapore according to the Currency Interchangeability Agreement, although it is not legal tender there. Likewise, the Singapore dollar is customarily accepted in Brunei.
and Jawi)and in English. The English denomination appeared on the obverse below the denomination in Malay on the earlier series, but now appears on the reverse together with the Jawi.
Five series of notes have been issued. The colours of $1, $5, and $10 notes have been the same for all the series of banknotes. http://www.finance.gov.bn/tt/EDITKKW/bcb/notes_cir_2nd.htm
, the 28th ruler of Brunei.
, the 29th and current ruler of Brunei. All subsequent currency has the portrait of HM Sultan Hassanal Bolkiah. In addition, two new higher denominations were issued in 1979.
s were introduced in (2004) due to high cases of banknote forgery. All of them are polymer. The $100 note of this series has won a gold medal award for its security features in the 22nd National Print Award in Australia in May 2005.
English language
English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...
, currency code: BND), has been the currency
Currency
In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...
of the Sultanate of Brunei
Brunei
Brunei , officially the State of Brunei Darussalam or the Nation of Brunei, the Abode of Peace , is a sovereign state located on the north coast of the island of Borneo, in Southeast Asia...
since 1967. It is normally abbreviated with the dollar sign
Dollar sign
The dollar or peso sign is a symbol primarily used to indicate the various peso and dollar units of currency around the world.- Origin :...
$, or alternatively B$ to distinguish it from other dollar
Dollar
The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:...
-dominated currencies, It is divided into 100 sen (Malay) or cents (English).
The Brunei dollar is managed together
Fixed exchange rate
A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold.A fixed exchange rate is usually used to...
with the Singapore dollar
Singapore dollar
The Singapore dollar or Dollar is the official currency of Singapore. It is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies...
at a 1:1 ratio by Monetary Authority of Singapore
Monetary Authority of Singapore
The Monetary Authority of Singapore is Singapore's central bank and financial regulatory authority...
(MAS). (Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
is one of Brunei
Brunei
Brunei , officially the State of Brunei Darussalam or the Nation of Brunei, the Abode of Peace , is a sovereign state located on the north coast of the island of Borneo, in Southeast Asia...
's major trading partners.)
History
Early currency in Brunei included cowrie shells. Brunei is also famous for its bronze teapots, which were used as currency in barter trade along the coast of North BorneoBorneo
Borneo is the third largest island in the world and is located north of Java Island, Indonesia, at the geographic centre of Maritime Southeast Asia....
.
Brunei issued tin
Tin
Tin is a chemical element with the symbol Sn and atomic number 50. It is a main group metal in group 14 of the periodic table. Tin shows chemical similarity to both neighboring group 14 elements, germanium and lead and has two possible oxidation states, +2 and the slightly more stable +4...
coins denominated in pitis in AH
Islamic calendar
The Hijri calendar , also known as the Muslim calendar or Islamic calendar , is a lunar calendar consisting of 12 lunar months in a year of 354 or 355 days. It is used to date events in many Muslim countries , and used by Muslims everywhere to determine the proper day on which to celebrate Islamic...
1285 (AD1868). These were followed by a one cent coin in AH
Islamic calendar
The Hijri calendar , also known as the Muslim calendar or Islamic calendar , is a lunar calendar consisting of 12 lunar months in a year of 354 or 355 days. It is used to date events in many Muslim countries , and used by Muslims everywhere to determine the proper day on which to celebrate Islamic...
1304 (AD1888). This cent was one hundredth of a Straits dollar
Straits dollar
The Straits dollar was the currency of the Straits Settlements from 1904 until 1939. At the same time, it was also used in the Federated Malay States, the Unfederated Malay States, Sarawak, Brunei, and British North Borneo.-History:...
.
As a protectorate of Britain
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
in the early 20th century, Brunei used the Straits dollar
Straits dollar
The Straits dollar was the currency of the Straits Settlements from 1904 until 1939. At the same time, it was also used in the Federated Malay States, the Unfederated Malay States, Sarawak, Brunei, and British North Borneo.-History:...
and later the Malayan dollar
Malayan dollar
The dollar was the currency of the British colonies and protectorates in Malaya and Brunei until 1953. It was introduced in 1939, replacing the Straits dollar at par, with 1 dollar = two shillings four pence sterling .-Board of Commissioners of Currency, Malaya formed:The Malayan dollar was issued...
and the Malaya and British Borneo dollar
Malaya and British Borneo dollar
The Malaya and British Borneo dollar was the currency of Malaya, Singapore, Sarawak, British North Borneo and Brunei from 1953 to 1967. The currency was issued by the Board of Commissioners of Currency, Malaya and British Borneo...
until 1967, when it began issuing its own currency.
The Brunei dollar replaced the Malaya and British Borneo dollar
Malaya and British Borneo dollar
The Malaya and British Borneo dollar was the currency of Malaya, Singapore, Sarawak, British North Borneo and Brunei from 1953 to 1967. The currency was issued by the Board of Commissioners of Currency, Malaya and British Borneo...
in 1967 after the formation of Malaysia and the independence of Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
. Until June 23, 1973, the Malaysian ringgit
Malaysian ringgit
The Malaysian ringgit is the currency of Malaysia. It is divided into 100 sen...
was exchangeable at par with the Singapore dollar and Brunei dollar. The Monetary Authority of Singapore
Monetary Authority of Singapore
The Monetary Authority of Singapore is Singapore's central bank and financial regulatory authority...
and the Brunei Currency and Monetary Board still maintain the exchangeability of their two currencies. The dollar is accepted as "customary tender" in Singapore according to the Currency Interchangeability Agreement, although it is not legal tender there. Likewise, the Singapore dollar is customarily accepted in Brunei.
Coins
In 1967, coins were introduced in denominations of 1, 5, 10, 20 and 50 cents. Except for the bronze 1 cent, the coins were struck in cupro-nickel. In 1986, copper-clad steel replaced bronze.Banknotes
On June 12, 1967, the government (Kerajaan Brunei) introduced notes in denominations of 1, 5, 10, 50 and 100 dollars. Notes for 500 and 1000 dollars followed in 1979. In 1989, the title on the paper money was changed to Negara Brunei Darussalam, the official name of the country, and the Malay term for “State of Brunei, Abode of Peace.” 10,000 dollar notes were introduced the same year. All notes bear the denomination in Malay (in both RumiMalay alphabet
The modern Malay alphabet consists of the 26 letters of the basic Latin alphabet without any diacritics. It is the more common of the two alphabets used today to write the Malay language, the other being Jawi...
and Jawi)and in English. The English denomination appeared on the obverse below the denomination in Malay on the earlier series, but now appears on the reverse together with the Jawi.
Five series of notes have been issued. The colours of $1, $5, and $10 notes have been the same for all the series of banknotes. http://www.finance.gov.bn/tt/EDITKKW/bcb/notes_cir_2nd.htm
1967 series
First series (1967) - currency with the portrait of HM the late Sultan Sir Omar Ali SaifuddinOmar Ali Saifuddin III
Al-Marhum Kebawah Duli Yang Maha Mulia Maulana Paduka Seri Begawan Al-Hajj Sultan Sir Omar Ali Saifuddien Sa'adul Khairi Waddien III, GCVO, KCMG was the 28th Sultan of Brunei ruled from 4 June 1950 until his abdication from the throne on 4 October 1967. He was also the first Bruneian Minister of...
, the 28th ruler of Brunei.
- $1 - blue
- $5 - green
- $10 - red
- $50 - brown
- $100 - purple
1972 series
Second series - This series was the same as the first series with exception that the portrait of HM Sultan Omar Ali Saifuddin was replaced by the portrait of HM Sultan Hassanal BolkiahHassanal Bolkiah
General Haji Sir Hassan al-Bolkiah Mu'izzaddin Waddaulah GCB GCMG is the Sultan and Yang Di-Pertuan of Brunei Darussalam, the 29th Sultan of Brunei and the first Prime Minister of Brunei Darussalam...
, the 29th and current ruler of Brunei. All subsequent currency has the portrait of HM Sultan Hassanal Bolkiah. In addition, two new higher denominations were issued in 1979.
- $1 ~ $100 like 1967 series
- $500 - orange
- $1000 - brown
1989 series
Third series - the post independence series. This series was gradually being replaced by the fourth series.- $1 - blue
- $5 - green
- $10 - red
- $50 - brown, green, orange
- $100 - purple
- $500 - orange
- $1000 - red-violet, purple, olive
- $10 000 - green, orange
1996-2000 Polymer and Paper Series
Fourth Series (1996-2000) all notes except for the polymer issues are no longer printed.| 1996 Polymer and Paper Notes | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Image | Value | Dimensions | Main Colour | Description | Date of issue | Material | |||
| Obverse | Reverse | Obverse | Reverse | Window / Watermark | |||||
| $1 | 141 x 69 mm | Blue | Sultan Hassanal Bolkiah Hassanal Bolkiah General Haji Sir Hassan al-Bolkiah Mu'izzaddin Waddaulah GCB GCMG is the Sultan and Yang Di-Pertuan of Brunei Darussalam, the 29th Sultan of Brunei and the first Prime Minister of Brunei Darussalam... |
Rainforest Waterfall | Coat of Arms of Brunei (Transparent window) |
1996 | Polymer | ||
| $5 | Green | Rainforest Floor | |||||||
| $10 | Red | Rainforest Canopy | |||||||
| http://www.banknoteworld.com/banknotes/brunei/BruneiP25-50Ringgit-1996-donatedsrb_f.jpg | http://www.banknoteworld.com/banknotes/brunei/BruneiP25-50Ringgit-1996-donatedsrb_b.jpg | $50 | 158 x 75 mm | Brown, Green and Blue | Oil Rig | Sultan Hassanal Bolkiah Hassanal Bolkiah General Haji Sir Hassan al-Bolkiah Mu'izzaddin Waddaulah GCB GCMG is the Sultan and Yang Di-Pertuan of Brunei Darussalam, the 29th Sultan of Brunei and the first Prime Minister of Brunei Darussalam... (Watermark) |
1996 | Paper | |
| http://www.banknoteworld.com/banknotes/brunei/BruneiP26-100Ringgit-1996-donatedsrb_f.jpg | http://www.banknoteworld.com/banknotes/brunei/BruneiP26-100Ringgit-1996-donatedsrb_b.jpg | $100 | Brown, Orange | Brunei International Airport Brunei International Airport Brunei International Airport is the primary airport in the nation of Brunei. The Royal Brunei Air Force is also based at the Rimba Air Base which is located in the Brunei International Airport... |
|||||
| http://www.banknoteworld.com/banknotes/brunei/BruneiP27-500Ringgit-2000-donatedungkl_f.jpg | http://www.banknoteworld.com/banknotes/brunei/BruneiP27-500Ringgit-2000-donatedungkl_b.jpg | $500 | 175 x 81 mm | Orange | Royal Regalia Building | 2000 | |||
2004-2007 (polymer) series
Polymer banknotePolymer banknote
Polymer banknotes were developed by the Reserve Bank of Australia , Commonwealth Scientific and Industrial Research Organisation and The University of Melbourne and were first issued as currency in Australia in 1988. These banknotes are made from the polymer biaxially-oriented polypropylene ...
s were introduced in (2004) due to high cases of banknote forgery. All of them are polymer. The $100 note of this series has won a gold medal award for its security features in the 22nd National Print Award in Australia in May 2005.
| 2004-2007 Polymer Notes | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Image | Value | Dimensions | Main Colour | Description | Date of | ||||
| Obverse | Reverse | Obverse | Reverse | Transparent Window | printing | issue | |||
| http://polymernotes.org/images/pics/BRNS4R1B.jpg | $50 | 158 x 75 mm | Light Blue and Bronze | Sultan Hassanal Bolkiah Hassanal Bolkiah General Haji Sir Hassan al-Bolkiah Mu'izzaddin Waddaulah GCB GCMG is the Sultan and Yang Di-Pertuan of Brunei Darussalam, the 29th Sultan of Brunei and the first Prime Minister of Brunei Darussalam... |
Rainforest Bushes | Various different flora of Brunei | 15 July 2004 Hassanal Bolkiah's 58th birthday |
||
| $100 | Brown and orange | Chermin Island | |||||||
| http://polymernotes.org/images/pics/BRNS6R1B.jpg | $500 | 175 x 81 mm | Pink | Sultan Omar Ali Saifuddien III | The Sultan Omar Ali Saifuddien Mosque and the Sultan Haji Hassanal Bolkiah Foundation Building (Yayasan) | 2006 | 28 December 2006 | ||
| http://polymernotes.org/images/pics/BRNS7R1F.jpg | http://polymernotes.org/images/pics/BRNS7R1B.jpg | $1000 | 182 x 84 mm | Grey and Brown | Sultan Hassanal Bolkiah Hassanal Bolkiah General Haji Sir Hassan al-Bolkiah Mu'izzaddin Waddaulah GCB GCMG is the Sultan and Yang Di-Pertuan of Brunei Darussalam, the 29th Sultan of Brunei and the first Prime Minister of Brunei Darussalam... |
The Ministry of Finance Building | 21 June 2007 | ||
| $10,000 | 180 x 90 mm | Gold and Green | The Legislative Council Building | 28 December 2006 | |||||
2011 Polymer Series
- $1 - blue (2011)
- $5 - green and yellow (2011)
- $10 - Red, yellow and brown (2011)
- To commemorate the 65th birthday of HM Sultan Hassanal Bolkiah.Shortly after the notes were issued, the BrailleBrailleThe Braille system is a method that is widely used by blind people to read and write, and was the first digital form of writing.Braille was devised in 1825 by Louis Braille, a blind Frenchman. Each Braille character, or cell, is made up of six dot positions, arranged in a rectangle containing two...
dots on the upper left front corner of the new polymer notes are not raised. The Braille dots cannot be felt tactilely, and they are not accurately rendered as Braille numbers corresponding to the denominations. Specifically, the spacing of the dots is wrong, and the lack the lead-in character that indicates that numbers follow.
Commemorative
- $25 - purple and beige (1992)
- This was issued during the silver jubilee (25th anniversary) of HM Sultan Hassanal Bolkiah acceding to the throne. The design is of the 1989 series of currency.
- $20 - yellow (polymer, 2007)
- On 27 June 2007, Singapore and Brunei celebrates the 40th anniversary of the Currency Interchangeability Agreement (since 12 June 1967) by joint-issuing commemorative $20 notes.
- The two authorities issue distinct versions of the new $20 notes. They are both yellow, 149 × 72 mm in size, and made of polymerPolymer banknotePolymer banknotes were developed by the Reserve Bank of Australia , Commonwealth Scientific and Industrial Research Organisation and The University of Melbourne and were first issued as currency in Australia in 1988. These banknotes are made from the polymer biaxially-oriented polypropylene ...
. The reverses are almost identical except that the Brunei version has their state title in Jawi script, while the Singaporean version has the state title of Brunei in Latin scriptLatinLatin is an Italic language originally spoken in Latium and Ancient Rome. It, along with most European languages, is a descendant of the ancient Proto-Indo-European language. Although it is considered a dead language, a number of scholars and members of the Christian clergy speak it fluently, and...
. The obverse of the Singaporean version is similar to the current Portrait SeriesSingapore Portrait Series currency notesThe Portrait Series of currency notes is the fourth and current set of notes to be issued for circulation in Singapore. It was first introduced on 9 September 1999 by the Board of Commissioners of Currency Singapore whose role was since taken over by the Monetary Authority of Singapore ...
, whereas the obverse of the Brunei version is similar to the $50 and $100 of the 2004 series.
- There is a limited edition set, which consists of both versions in a folder, with matching serial number. The notes have "40th Anniversary Currency Interchangeability Agreement" overprinted on obverse. In addition, the Singaporean version has the two countries' state creates above the commemorative text. Only 12,000 sets are available, 10,000 from the Monetary Authority of SingaporeMonetary Authority of SingaporeThe Monetary Authority of Singapore is Singapore's central bank and financial regulatory authority...
, and 2,000 from the Brunei Currency and Monetary Board.
- The circulation version has been available since 16 July 2007.