Convert Brunei Dollar to Malaysian Ringgit
Please provide values below to convert Brunei Dollar [BND] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Brunei Dollar.
How to Convert Brunei Dollar to Malaysian Ringgit
1 BND = 0.302405823131824 MYR
Example: convert 15 BND to MYR:
15 BND = 15 × 0.302405823131824 MYR = 4.53608734697736 MYR
Brunei Dollar to Malaysian Ringgit Conversion Table
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Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.