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this post was submitted on 08 Sep 2026
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Worldbuilding
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I did a quick check.
wp:Brunei dollar
(my bold)
"customary tender"—I like—I might put that expression in my story. Thanks. 🙂
It seems Brunei has had a number of currencies in the past 100 or so years:
wp:Malaya and British Borneo dollar
1953 to 1967
wp:Malayan dollar
1939 to 1953
wp:Straits dollar
1898 to 1939
Again, I'm thinking of making it legal tender gradually.
For example, when a resident (citizen or otherwise) might have in, say 1938, paid wt:thons taxes, thon had to pay ≥60% of it in other foreign hard currencies, but thons sibling who worked for the government, might have been paid ≤50% in foreign currencies, and ≥50% in the country's currency. In, say, 1958, it might have been ≥40% of it in other foreign hard currencies, but thons sibling, might have been paid ≤30% in foreign currencies, and ≥70% in the country's currency. In, say, 1988, it might have been the government worker, now retired, gets 100% of thons pension in the country's currency, and in 1998, all taxes were paid in the country's currency, up to the present time.
Which I suppose such is because Brunei allows people to bring in any amount of Brunei dollars that they traded for outside the country, or perhaps traded inside the country, unlike the former USSR which IIUC, was illegal, or essentially illegal, to bring in Soviet rubles, but rather one had to exchange them officially at official rates.
The thing about my fictitious country, they aren't a petrol-state or are similarly rich in resources, or at least a particular one, nor did they trade much. It's a bit mountainous—hilly at least—and essentially landlocked with no major port. Pretty well anything they could sell could be bought more cheaply elsewhere.
Currently I have it starting the 20th century as mostly agrarian (and perhaps mostly subsistence), pastoral, and some limited extraction. Attempts were made at industrialization mid-century, with mixed results. The last 30 years it was the tertiary sector that grew and did much to make it a prosperous country (e.g. areas of legalized gambling and prostitution; penalties for illegal drug use not much more severe than Western countries at the time; and a bit of a tax haven (presumably smaller countries are easier to manage economically than larger ones)).