| Folder Commemorative - Brunei Twenty Ringgit
and Singapore Twenty Dollars 12,000 Folders Issued 28.06.2007 - Brunei 2,000 and Singapore 10,000 40th Anniversary of the Currency Interchangeability Agreement 1967-2007 Brunei - Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah Singapore - Chairman Goh Chok Tong (former Prime Minister) |
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| Sultan Omar Ali Saifuddien, Prexfix "BND" [Brunei Dollar] | Portrait of Yusof bin Ishak, Prefix "SGD" [Singapore Dollar] | ||
| On 12 June 1967, Singapore and Brunei signed
a Currency Interchangeability Agreement
between
the two countries. Under the agreement,
each
country undertakes to accept the currency
issued by the other and to exchange
them,
at par and without charge, into their
own
currency. In other words, the two currencies
are "customary tender" when
circulating
in the country in which they are not
legal
tender. The agreement also facilitates
bilateral
trade and tourism and it also played
a central
role in the good relations between
the two
countries. On 12 June 2007 marks the
40th
Anniversary of the Agreement and both
respective
Central Banks (Monetary Authority of
Singapore
and Brunei Currency and Monetary Board)
released
one $20 polymer each to commemorate
this
special occasion. The notes shown on this site came from the Brunei folder - Folder 1, 2, 3 and 4. |
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Reverse | |
| Sultan Omar Ali Saifuddien Mosque, Water Village (Kampong Ayer) | The Esplanade - Theatres, building along city waterfront | ||
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