|
Currency :
Brunei Dollar (Br$) = 100
cents. Notes are in the denominations Br$10,000, 1000, 500, 100, 50,
25, 10, 5 and 1. Coins are in the denominations 50, 20, 10, 5 and 1
cents. The Brunei Dollar is officially on a par with the
Singapore Dollar.
Currency exchange :
Foreign currencies and travellers cheques can
be exchanged at any bank.
Credit & debit cards :
American Express, Diners
Club, MasterCard and Visa are generally accepted by hotels,
department stores and major establishments. Check with your credit or
debit card company for details of merchant acceptability and other
services that may be available.
Travellers cheques :
To avoid additional exchange rate charges,
travellers are advised to take travellers cheques in US Dollars or
Pounds Sterling. Hotels and many department stores will also cash
travellers cheques.
Currency restrictions :
The import of local currency is unlimited. The
export of local currency is limited to Br$1000 in notes. The Singapore
Dollar may be imported and exported up to the equivalent of Br$1000.
Indian banknotes may not be imported. Free import of other foreign
currencies, subject to declaration. Export of foreign currencies for
foreigners is unlimited up to amount imported and declared.
Exchange rate indicators :
The following figures are
included as a guide to the movements of the Brunei Dollar against
Sterling and the US Dollar.
|
Date |
May ’03 |
Aug ’03 |
Nov ’03 |
Feb ’04 |
|
£1.00= |
2.82 |
2.81 |
2.95 |
3.08 |
|
$1.00= |
1.72 |
1.76 |
1.74 |
1.69 |
Banking hours : Mon-Fri
0900-1500; Sat 0900-1100. |
