Exchange Rate in Brunei

Brunei Exchange Rate | Economic News & Forecasts

Brunei - Exchange Rate

Recent data showed that the economy continued to shrink in annual terms in Q1 as GDP fell 1.4%, matching the previous quarter’s decline. On the production side, a contraction in the oil and gas sector drove the downturn, with oil and gas mining dropping in the quarter, while liquified natural gas manufacturing fell by over 10%. That said, the non-oil and gas sector continued to expand, supported by a notable increase in activity in the primary sector and a rebound in the services sector. On the expenditure side, considerable declines in government spending, fixed investment and exports led the drop, while private spending bucked the trend. Turning to Q2, data on goods exports for April hints at an improving external sector at the beginning of the period amid higher mineral fuel sales. However, a tightening of Covid-19-related restrictions in August could restrain activity somewhat in Q3.

Brunei - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)1.53  1.53  1.56  1.59  1.53  

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Note: Brunei dollar (BND) per U.S. dollar.
Source: Thomson Reuters.

Brunei Facts

Value Change Date
Exchange Rate1.340.0 %Jan 01

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