Convert Malaysian Ringgit to Brunei Dollar
Please provide values below to convert Malaysian Ringgit [MYR] to Brunei Dollar [BND], or Convert Brunei Dollar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Brunei Dollar
1 MYR = 3.30681462957174 BND
Example: convert 15 MYR to BND:
15 MYR = 15 × 3.30681462957174 BND = 49.6022194435761 BND
Malaysian Ringgit to Brunei Dollar Conversion Table
| Malaysian Ringgit | Brunei Dollar |
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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.
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.