Negara Brunei Darussalam. Opening Hours:. Monday to Thursday:. You may be trying to access this site from a secured browser on the server. Please enable scripts and reload this page. Turn on more accessible mode. During the second half of the XIX century, tin coins named pitis were issued. The 1-cent coins of the Straits Settlements dollar followed them.
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Only major currencies. Travel money is just a secondary business for banks. When that fell apart, each country issued its own currency. Malaysia originally had interchangeability agreements with Singapore and Brunei, but those ceased in May after major currencies of the world decided to float against the United States dollar.
The MAS said: "The agreement is supported by Singapore and Brunei's underlying economic fundamentals such as their strong external balance positions, including their foreign reserve holdings For instance, it noted through a de facto peg of the Brunei dollar to the Singapore dollar, both countries have been able to share "the benefits of the strong nominal anchorage provided by an exchange rate-centred monetary policy framework".
The MAS said it works with bodies such as the Singapore Tourism Board and National Environment Agency, as well as trade and business associations to remind stakeholders like retails of the agreement.
Should a retailer here reject the Bruneian dollar, it should be referred to the MAS with details such as details of the purchase. Join ST's Telegram channel here and get the latest breaking news delivered to you. Click here for more details on the award.
Decrease font size Increase font size Print this page. Brunei-Singapore Currency Interchangeability Agreement. Banks in both countries also accept for deposit, from the public and businesses, currency issued by the other country at par and without charge. Hence, businesses and members of the public should not be concerned about accepting payments in Brunei currency.
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