Brunei Dollar
Ringgit Brunei
Currency Code
BND
ISO 096
Symbol
BND
Native: $
Decimal Digits
2
Rounding: 0
Countries
BN
Using this currency
Currency Units
Major Unit
Name: dollar
Symbol: $
Minor Unit
Name: sen
Symbol:
Value: 0.01
Banknotes
Frequently Used
$1$5$10$50$100
Rarely Used
$20$25$500$1000$10000
Coins
Frequently Used
1 sen5 sen10 sen20 sen50 sen
Plural Forms
English Plural
Brunei dollars
Native Plural
Ringgit Brunei
Overview
The Brunei Dollar is the currency of Brunei, interchangeable with the Singapore dollar at par. It is managed by the Autoriti Monetari Brunei Darussalam and benefits from the country's oil wealth.
Economy
- Brunei is a member of ASEAN, APEC, OIC, Commonwealth, WTO.
- Main industries include: Petroleum, Natural gas, Construction, Agriculture, Transportation.
- Brunei is part of the World Trade Organization.
- Imports are iron and steel, motor vehicles, machinery, transport equipment, manufactured goods, food, chemicals.
- Major exports include mineral fuels, organic chemicals.
- GDP: $15.1 billion (2023 est.).
- GDP per capita: $33,097 (2023 est.).
- Unemployment rate: 8.7% (2019 est.).
- Inflation rate: 0.4% (2023 est.).
- Main trading partners: Japan, Singapore, India, Malaysia, Thailand, Australia.
- Trade agreements: ASEAN FTA, RCEP, Various bilateral agreements.
History
- Previous currencies used: Malaya and British Borneo dollar, Straits dollar.
- The Brunei dollar was introduced in 1967, replacing the Malaya and British Borneo dollar. It has maintained interchangeability with the Singapore dollar since inception.
- 1967: BND introduced, replacing Malaya and British Borneo dollar
- 1967: Currency interchangeability agreement with Singapore
- 1984: Brunei independence and monetary sovereignty
- 1993: Autoriti Monetari Brunei Darussalam established
- 2004: New polymer banknote series introduced
- Exchange rate peg: SGD (1967-present) at 1:1 parity.
- Currently pegged to SGD at 1 BND = 1 SGD.
General Information
- ISO 4217 Code: BND
- Symbols: BND/$
- Currency Subunits: 100 sen
- Central Bank: Autoriti Monetari Brunei Darussalam
- Monetary Policy: Currency board system maintaining SGD parity. Focus on price stability and supporting oil-dependent economy diversification.
- Bills: 1 BND, 5 BND, 10 BND, 20 BND, 25 BND, 50 BND, 100 BND, 500 BND, 1000 BND, 10000 BND
- Coins: 1 sen, 5 sen, 10 sen, 20 sen, 50 sen, 1 dollar
- USD Exchange Rate: Variable (follows SGD rate, approximately 1.35 BND per USD)
- Pegged To: SGD at 1 BND = 1 SGD
- Capital: Bandar Seri Begawan
- Population: 455,858 (2023 est.)
- Area: 5,765 km²
- Languages: Malay (official), English, Chinese
- Time Zones: UTC+8 (Brunei Darussalam Time)
- Government Type: Absolute monarchy and Islamic sultanate
- Head of Government: Sultan (head of state and government)
- Independence: January 1, 1984 (from United Kingdom)
- Ethnic Groups: Malay 65.7%, Chinese 10.3%, Other indigenous 3.4%, Indian 3.4%, Other 17.2%
- Religions: Muslim 82.1%, Christian 6.7%, Buddhist 6.3%, Other 4.9%
- Literacy Rate: 97.2% (2018 est.)
- Transport: Brunei International Airport, modern road network, Muara port, limited public transport
- Communications: Advanced telecommunications, 95% internet penetration, comprehensive mobile coverage
- Energy: Natural gas 100%, developing renewable energy sector
- Countries Using This Currency: Brunei
- Data Sources: Central Bank: Autoriti Monetari Brunei Darussalam (ambd.gov.bn), Economic Data: Department of Economic Planning and Statistics, World Bank, IMF, Trade Data: Royal Customs and Excise Department, Demographic Data: Department of Economic Planning and Statistics, Geographic Data: Brunei Meteorological Department, Historical Data: Autoriti Monetari Brunei Darussalam archives
- Last Updated: 2025