The Brunei dollar is the official currency of the Sultanate of Brunei. The official currency symbol: $, B$. The Brunei dollar was established in 1967 after the Currency Interchangeability Agreement with Singapore, in which the Brunei dollar is interchangeable with the Singapore dollar. The Malaysian dollar, Singapore dollar and the Brunei dollar are circulating all at par, and they replaced the Malaya and British Borneo dollar. The government introduced the first banknotes in denominations of 1, 5, 10, 50 and 100 dollars, followed by the 500 and 1000 dollars notes, introduced in 1979.
Five series of banknotes have been introduced since 1967; the fifth and last series was introduced in 2011 in denominations of $1, $5 and $10. Today banknotes circulate in denominations of $ 1, $ 5, $ 10, $ 50, $ 100; plus banknotes of $20, $25, $ 500, $1000, and $10,000, which are not used often.
The 500 Brunei dollars note front design features the portrait of Paduka Seri Begawan Sultan Sir Muda Haji Omar Ali Saifuddien III (1914 –1986), who was the 28th Sultan of Brunei who ruled from 1950 to 1967, followed by the Misai Kucing flower and the National Emblem.
The reverse of the note illustrates a view of the Sultan Omar Ali Saifuddien Mosque and the Sultan Haji Hassanal Bolkiah Foundation Building (Yayasan), located in the Capital city of Bandar Seri Begawan. The lettering of the note is presented in the Jawi and English languages. This note is part of the 2006 – 2013 series, and its color is brown on green and rose underprint.
Text: NEGARA BRUNEI DARUSSALAM WANG KERTAS INI SAH DIPERLAKUKAN DENGAN NILAI LIMA SERATUS RINGGIT SULTAN MISAI KUCING (ORTHOSIPHON ARISTATUS)