Бруней долларының тарихы мен айналымы

Monetary currency of the Sultanate of Brunei

The Brunei dollar (sign: B$, Malay: ringgit Brunei, 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 denominated currencies. It is divided into 100 sen (Malay) or cents (English). The Brunei dollar is issued by the Brunei Darussalam Central Bank. Under a Currency Interchangeability Agreement in 1967, the Brunei dollar is interchangeable with the Singapore dollar at par. As such, the Brunei dollar is accepted in Singapore as "customary tender"; likewise, the Singapore dollar is accepted in Brunei.

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 northern Borneo. The Spanish American silver dollar brought over by the Manila galleons was in wide use for Brunei's international trade from the 16th to 19th centuries; the 19th century Straits dollar was itself derived from the same coin. Brunei issued tin coins denominated in pitis in AH1285 (AD1868). These were followed by a one cent coin in AH1304 (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 from 1906, the Malayan dollar from 1939 and the Malaya and British Borneo dollar from 1953 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 23 June 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 (now the Authoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam)) still maintain the exchangeability of their two currencies. The dollar is accepted as "customary tender" in Singapore according to the Currency Interchangeability Agreement, The local ‘Pitis’ coins had ‘Sultanate of Brunei’ stamped in front of the coin and the royal umbrella was imprinted at the back. These were issued from the 16th to the 19th century. Previous Islamic coins were also called the ‘Pitis’. In 1984, Brunei Currency Board ordered four million circulation coins from the Singapore Mint. The Interchangeability Agreement which the three countries adhered to as original members of the currency union meant the Brunei dollar was exchangeable at par with the Singapore dollar and Malaysian dollar. This ended on 8 May 1973, when the Malaysian government withdrew from the agreement. The Singapore dollar is still interchangeable with the Brunei dollar today.

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. Later, in 2008, the 1 cent coins switched compositions to brass.

On 12 June 1967, the government (Kerajaan Brunei) introduced notes in denominations of 1, 5, 10, 50 and 100 dollars. Notes for 500 and 1,000 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 Rumi 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.