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.
01/07/2011: Introduction of Brunei-Indonesia Currency Agreement
Brunei dollar became interchangeable with Indonesian rupiah in specified regions.
01/01/2005: New Taiwan dollar banknotes issued
New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.
18/03/1996: Change in currency regime
Brunei dollar became fully backed by foreign exchange reserves instead of gold.
30/04/1991: Foreign Exchange Control Act revised
Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.
15/07/1987: Lifting of martial law
The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.
12/06/1973: Establishment of Brunei Currency Board
Currency Board assumed responsibility for the issuance and management of Brunei dollar.
16/12/1971: Taiwan's expulsion from the UN
The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.
27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement
Brunei and Singapore dollars became interchangeable at par.
03/03/1952: TWD pegged to the US Dollar
The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.
10/12/1949: Chinese Civil War ends
The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.
25/10/1945: Taiwan is restored to the Republic of China
After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.