Ringgit (Malay) رڠڬيت (Jawi) | |
---|---|
Unit | |
Symbol | $ |
Denominations | |
Subunit | |
1⁄100 | cent |
Banknotes | 1, 5, 10, 50, 100, 1,000, 10,000 dollars |
Coins | 1, 5, 10, 20, 50 cents |
Demographics | |
User(s) | Malaya, Singapore, Brunei, North Borneo and Sarawak |
Issuance | |
Central bank | Board of Commissioners of Currency, Malaya and British Borneo Bank Negara Malaysia |
This infobox shows the latest status before this currency was rendered obsolete. |
The Malaya and British Borneo dollar (Malay: ringgit; Jawi: رڠڬيت) was the currency of Malaya, Singapore, Sarawak, North Borneo, Brunei and the 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 used in the Riau Archipelago in Indonesia prior to 1963, when it was replaced by the local rupiah.