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.
28/07/2016: Bank of Japan announces stimulus package
The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.
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.
11/03/2011: Great East Japan Earthquake
The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.
15/09/2008: Lehman Brothers bankruptcy
The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.
18/03/1996: Change in currency regime
Brunei dollar became fully backed by foreign exchange reserves instead of gold.
20/03/1995: Kobe earthquake
The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.
22/09/1985: Plaza Accord
Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.
12/06/1973: Establishment of Brunei Currency Board
Currency Board assumed responsibility for the issuance and management of Brunei dollar.
01/03/1973: Yen becomes a floating currency
The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.
27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement
Brunei and Singapore dollars became interchangeable at par.
15/12/1953: Yen is introduced
The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.