50th Anniversary of The Currency Interchangeability Agreement between Brunei Darussalam and Singapore



 


"Monetary authorities (MAS and AMBD) and banks have to accept the other country's currency at par, without charge"

The Currency Interchangeability Agreement was established in 1967 to promote bilateral financial cooperation between Brunei Darussalam and Singapore. Under the Agreement, the Autoriti Monetari Brunei Darussalam (AMBD) and Monetary Authority of Singapore (MAS) will accept the currency issued by the other, and to exchange it at par and without charge, into their own currency. Banks in both countries will accept for deposit from the general public and businesses, currency issued by the other country at par. Over the last 50 years, the Agreement, together with the Brunei dollar's peg to the Singapore dollar, has played an important role in facilitating trade, investment and tourism flows between the two countries.

In conjunction with the 50th Anniversary of the Currency Interchangeability Agreement between Brunei Darussalam and Singapore, AMBD and MAS have issued limited edition $50 polymer notes with the theme "Flourishing Growth".

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EXTRACTS FROM THE AGREEMENT

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SECURITY FEATURES OF THE COMMEMMORATIVE NOTE

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ADDITIONAL INFORMATION ON THE CURRENCY INTERCHANGEABILITY AGREEMENT

For more information on the Currency Interchangeability Agreement, please click here

NUMISMATIC SETS IN CONJUNCTION WITH THE 50TH ANNIVERSARY OF THE CURRENCY INTERCHANGEABILITY AGREEMENT

(i)         Identical Numbered Notes Set

This set contains one $50 Brunei and one $50 Singapore commemorative notes, sharing the same serial number with the CIA prefix. This set will be sold at B$300 each.

 

(ii)        3-in-1 Uncut Sheet

This set contains one uncut sheet of three $50 Brunei commemorative notes. This set will be sold at B$400 each.

 

(iii)       8-in-1 Uncut Sheet

This set contains one uncut sheet of eight $50 Brunei commemorative notes. This set will be sold at B$1,000 each.

 

(iv)       40-in-1 Uncut Sheet

This set contains one uncut sheet of forty $50 Brunei commemorative notes. This set will be sold at B$4,500 each.

 

(v)        Coffee Table Book with a set of B$50 and S$50 commemorative notes

This limited edition coffee table book highlights elaborate descriptions of the commemorative notes' designs elements and contains a set of B$50 and S$50 commemorative notes. The coffee table book will be sold at B$138 each.


To purchase the numismatic sets, please visit:

AMBD Currency Gallery Gift Shop

Brunei Currency and Monetary Board Building

Commonwealth Drive

Bandar Seri Begawan BB3910

Negara Brunei Darussalam

 

Opening Hours:

Monday to Thursday:

8.30am to 11.30am

2.00pm to 4.30pm

 

Friday:

8.30am to 11.00am

3.00pm to 4.00pm