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Information about currency: Malaya and British Borneo Dollar

Currency nameMalaya and British Borneo Dollar
CountryBoard of Commissioners of Currency
Dates1953 - 1967
System

1 Dollar = 100 Cents

Description

The Malaya and British Borneo dollar (known as the ringgit in Malay, Jawi: رڠڬيت) was the currency of Malaya, Singapore, Sarawak, North Borneo, Brunei and Riau archipelago from 1953 to 1967 and was the successor of the Malayan dollar and Sarawak dollar, replacing them at par. The currency was issued by the Board of Commissioners of Currency, Malaya and British Borneo. Prior to 1952, the board was known as the Board of Commissioners of Currency, Malaya.

The Malaya and British Borneo dollar was used in Malaya after independence in 1957, and in Malaysia after its formation in 1963, as well as in Singapore after its independence in 1965. After 1967, the two countries and Brunei ended the common currency arrangement and began issuing their own currencies. However, the Malaya and British Borneo dollar continued to be legal tender until 16 January 1969. The currency was also being used in the Riau Archipelago in Indonesia prior to 1963.

Coins were issued in bronze 1 cent square shaped coins issued between 1953 and 1961, and circular coins of similar composition from 1962, and cupro-nickel 5, 10, 20, and 50 cents. These all shared a similar basic design depicting Queen Elizabeth II on the obverse and denomination on the reverse. However, the Queen was replaced with two daggers on the smaller round cent of 1962. These coins carried the same design features and sizes from the coins of the previous Commissioner's Currency and Straits series, making them relatively unchanged in appearance except for the depictions of the British monarchs. The older coins also continued to circulate alongside these bearing the new title.

All notes bear the date 21 March 1953, and signed by W.C. Taylor, the Chairman of the Board of Commissioner of Currency. The 1, 5 and 10 dollar notes were printed by Waterlow and Sons, the 50 and 100 dollar notes were printed by Bradbury, Wilkinson & Co. Ltd. and the 1,000 and 10,000 dollar notes were printed by Thomas de la Rue & Co. Ltd.. As a safeguard against forgery, a broken security thread and the watermark of a lion's head were incorporated in the paper before printing.

Currency Malaya and British Borneo Dollar was used:
Country From To
Malaya (British) Malaya and British Borneo Dollar 1953 1967
Singapore Malaya and British Borneo Dollar 1953 1967
Sarawak, Crown Colony of Malaya and British Borneo Dollar 1953 1967
North Borneo Malaya and British Borneo Dollar 1953 1967
Brunei Malaya and British Borneo Dollar 1953 1967