The ringgit Brunei (Malay) or the Brunei dollar (English, currency code: BND), has been the currency of the Sultanate of Brunei since 1967. It is normally abbreviated with the dollar sign $, or alternatively B$ to distinguish it from other dollar-dominated currencies, It is divided into 100 sen (Malay) or cents (English).
The Brunei dollar is managed together with the Singapore dollar at a 1:1 ratio by Monetary Authority of Singapore (MAS). (Singapore is one of Brunei's major trading partners.)
In 1967, coins were introduced in denominations of 1, 5, 10, 20 and 50 cents. Except for the bronze 1 cent, the coins were struck in cupro-nickel. In 1986, copper-clad steel replaced bronze.