IMF Special Drawing Rights in Brunei dollar

XDR IMF Special Drawing Rights

Country of application:
International Monetary Fund

Coin denominations in circulation:
-

Denominations of banknotes in circulation:
-

History reference:
The International Monetary Fund is the leading organization for international cooperation in the monetary and financial sphere. The international monetary background provides short- and medium-term l...oans with a deficit in the balance of payments of the state. The granting of loans is usually accompanied by a set of conditions and recommendations.

BND Brunei dollar

Country of application:
Brunei, Singapore

Coin denominations in circulation:
5, 10, 20, 50 sep.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100 dollars.

History reference:
The Brunei dollar is the currency of Brunei. Early currency in Brunei included cowrie shells. Brunei is famous for its bronze teapots, which were used as currency in trade along the coast of North Bo...rneo. Brunei issued pewter coins called pitis in 1285 AH (1868 AD). Their issue followed the one cent coins in 1304 AH. (1888 AD). This cent was equal to one hundredth of a dollar. The Brunei dollar replaced the Malayan dollar and the British Borneo dollar in 1967 after the formation of Malaysia and the independence of Singapore. Until June 23, 1973, the Malaysian ringgit was exchanged at par for the Singapore dollar and the Brunei dollar.