Bank Negara Malaysia is pleased to announce the introduction of Malaysia's new currency series. Launched by the Prime Minister of Malaysia, YAB Dato' Sri Mohd Najib Tun Haji Abdul Razak today, the new currency series comprises newly designed banknotes and coins.
The banknotes issued are in the denominations of RM1, RM5, RM10, RM20 and RM100 and will be available for circulation in the second half of 2012. The RM50 denomination banknote for the new currency series is already in circulation. For this new series, polymer substrate is used to make the RM1 and RM5 banknotes.
The coins for this series, with denominations of 5 sen, 10 sen, 20 sen and 50 sen, were launched earlier on 25 July 2011 and will be introduced into circulation in January 2012.
The latest series of Malaysian banknotes draws its inspiration from the distinctive features of Malaysia, incorporating elements of the country's natural treasures, culture and heritage. Themed 'Distinctively Malaysia', the banknotes features traditional expressions in the art and craft, natural wonders, flora and fauna and the economy.
The latest series of Malaysian banknotes draws its inspiration from the distinctive features of Malaysia, incorporating elements of the country's natural treasures, culture and heritage. Themed 'Distinctively Malaysia', the banknotes features traditional expressions in the art and craft, natural wonders, flora and fauna and the economy.
The new series of banknotes incorporated enhanced security features in line with the latest advancements in banknote technology. The security features for the new banknotes include shadow image, clear window, watermark portrait with pixel and highlighted numerals, colour shifting security thread, micro lens thread, perfect see-through register, coloured glossy patch for public recognition. Other features include tactile identification which enables the visually impaired to identify and distinguish the different denominations.
Bank Negara Malaysia is issuing commemorative banknotes to mark the introduction of the new currency series. Three types of commemorative banknote collections will be offered for sale as follows:
- A collection of two banknotes (RM1 and RM5 denomination) - 500,000 sets priced at RM15.00 each.
- A collection of a single banknote (RM20 denomination) - 500,000 sets priced at RM30.00 each.
- A collection of six banknotes (RM1, RM5, RM10, RM20, RM50 and RM100 denominations) - 50,000 sets priced at RM300.00 each. For each set of this collection, all the banknote denominations will carry the same serial number.
Banknotes Design
- The Obverse Side of the Banknote
All banknote denominations in the new series retain the portrait of the first Seri Paduka Baginda Yang di-Pertuan Agong, Tuanku Abdul Rahman ibni Tuanku Muhammad, the national flower Rosa-sinensis hibiscus (known locally as the 'Bunga Raya'), the face value of the banknote, the words 'Bank Negara Malaysia' as the issuing authority of the banknotes and patterns of traditional woven fabric the 'songket' which are in the background and edges of the banknote to reflect traditional Malaysian textile handicraft and embroidery. Other features include the tactile identification for the visual impaired, watermark portrait with pixel and highlighted numerals.
- The Reverse Side of the Banknote
The reverse side of each banknote features different elements of nature, tradition, culture, flora, fauna and the economy that are distinctively Malaysian. The new banknotes also retain the Bank Negara Malaysia logo, serial numbers, Jawi wordings and songket weave patterns on the reverse side of the banknotes.
- The motifs for each of denomination are as follows:
| Denomination | Icon |
| RM100 | Mount Kinabalu and pinnacles rock formations of Gunung Api valley |
| RM50 | Oil Palm and Biotechnology |
| RM20 | The Hawksbill and Leatherback Turtle |
| RM10 | Rafflesia |
| RM5 | Rhinoceros Hornbill |
| RM1 | 'Wau Bulan' (Moon Kite) |
The new series banknotes are legal tender and will co-circulate with the existing series. The existing series will be gradually phased out.
Bank Negara Malaysia is working closely with financial institutions, businesses and cash handling vendors to ensure a smooth transition to the new currency series. Vendors of cash handling machines will be given six months to calibrate their machines to ensure convenience for the use of the new banknotes.
Source: Bank Negara - www.bnm.gov.my
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