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Description
The 1 Brunei Dollar banknote issued in 2024 belongs to the current series of banknotes in circulation in the Sultanate of Brunei Darussalam. It is a polymer banknote, a synthetic material that has gradually replaced cotton paper in many countries for the production of banknotes, offering greater resistance to wear and increased durability.
This banknote bears the effigy of Hassanal Bolkiah, Sultan of Brunei, a central figure in Bruneian numismatics whose portrait appears on all banknotes and coins in circulation in the country. Hassanal Bolkiah, the twenty-ninth Sultan of Brunei, has reigned since 1967 and remains one of the most represented figures in contemporary monetary iconography.
The Sultanate of Brunei Darussalam has its own national currency, the Brunei Dollar (BND), the issuance of which is managed by the Autoriti Monetari Brunei Darussalam (AMBD). The denomination of 1 dollar is one of the base denominations of this monetary system. It should be noted that the Brunei Dollar is linked by a parity agreement to the Singapore Dollar, with both currencies being mutually accepted in both territories at equal parity.
Brunei's polymer banknotes are distinguished by their technical characteristics specific to this type of substrate, including the presence of transparent windows and security features integrated into the plastic substrate. The year of issue 2024 indicates that this is a recent issue, potentially corresponding to an update or a new series of banknotes in circulation.
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