Living and Trading in BND: FX Guide to Brunei
Resources for Expats, Travelers, and Entrepreneurs Navigating Life and Trade in Brunei with the Brunei dollar
What's in this Brunei currency guide?
What currency is used in Brunei?
The official currency of Brunei (country code: BN) is the Brunei dollar, with symbol B$ and currency code BND.
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Frequently Asked Questions
What currency should I use in Brunei?
The domestic currency in Brunei is the Brunei dollar.
What is the Brunei dollar currency code and symbol?
The three letter currency code for the Brunei dollar is BND — symbol is B$.
What doe the Brunei dollar look like?
Here is an example Brunei dollar banknote:
Which countries use the Brunei dollar?
It is the domestic currency in Brunei.
Is the Brunei dollar a closed currency?
No, the Brunei dollar is freely available and convertible. See guide: What is a closed currency?
What are equivalent amounts of USD and BND?
Here are some popular conversion amounts for USD to BND (US dollar to Brunei dollar)*.
*Converted at the current USDBND interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Things to know about the Brunei dollar
The currency code "BND" refers to the Brunei dollar, which is the official currency of Brunei. It is represented by the symbol "$" and is abbreviated as BND. The physical currency consists of coins and banknotes. The coins come in denominations of 1 cent, 5 cents, 10 cents, 20 cents, and 50 cents. The banknotes come in denominations of $1, $5, $10, $20, $50, $100, $500, and $1,000. The banknotes feature images of famous Bruneian historical figures, such as Sultan Hassanal Bolkiah and Pengiran Anak Saleha. The design of the currency is constantly being updated, so the physical appearance of the coins and banknotes may vary slightly over time.
Travel money for Brunei
Using Wise for Brunei dollar travel money is a smart choice for savvy travelers. With its competitive exchange rates and low fees, Wise allows you to convert and manage multiple currencies effortlessly.
Be careful when using your own bank's Debit/Credit Card, as your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash on top of the standard Visa/Mastercard 2.5% from market mid-rate.
For card purchases, if you are offered a choice of currencies always select to Pay in Brunei dollar otherwise you will typically get much worst dynamic currency conversion (DCC) exchange rates.
If you really want Brunei dollar cash before departure, you can save money by ordering online. You generally get better rates and can pick up the BND cash locally or even on travel day at the airport.
Brunei: Travel Guide
Brunei is a small country located on the island of Borneo in Southeast Asia. It is known for its rich cultural heritage, lush rainforests, and oil and gas reserves. The official language is Malay, and the country has a tropical climate with high humidity and temperatures averaging around 80 degrees Fahrenheit throughout the year. Islam is the official religion of Brunei, and there are many mosques and other religious sites to visit. The country has a strong economy, and the main industries include oil and gas, manufacturing, and tourism. Brunei is known for its traditional handicrafts, including silverwork and woven textiles, and there are many markets and shops where you can find these and other handmade items.
USD/BND Market Data
The below interactive chart displays the USD/BND change and UP📈 DOWN📉 trends over the past 1 Year.
Send Money to Brunei - Best Rates
To get a good (and fair) exchange rate when sending money to Brunei you need to find and compare exchange rates for International Money Transfers (IMTs).
The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.
You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.
Get a better deal for foreign transfers to Brunei
When sending money to Brunei it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Brunei dollar amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted BND amount will be transfered to the recipient account you specify in Brunei.
Use the above calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Brunei dollar deposited into the recipient bank account and less margins and fees kept by the banks!