01/01/2022: Removal of monarchy symbol
Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.
21/07/2017: Commencement of New Series Polymer Banknotes
New series of polymer banknotes with modern designs entered circulation.
05/05/2013: Upgrade of polymer banknotes
Introduction of new polymer banknotes with enhanced security features.
20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency
The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.
01/07/2011: Introduction of Brunei-Indonesia Currency Agreement
Brunei dollar became interchangeable with Indonesian rupiah in specified regions.
01/01/2003: Introduction of the New Peso Symbol
The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.
18/03/1996: Change in currency regime
Brunei dollar became fully backed by foreign exchange reserves instead of gold.
20/12/1994: Tequila Crisis
Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.
01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)
NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.
06/07/1988: Introduction of the New Peso
Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.
12/08/1982: Mexican Debt Crisis
Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).
12/06/1973: Establishment of Brunei Currency Board
Currency Board assumed responsibility for the issuance and management of Brunei dollar.
13/08/1970: Devaluation of the Peso
In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.
27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement
Brunei and Singapore dollars became interchangeable at par.