Wednesday, May 25, 2011

New Series of Malaysian Banknotes and Coins in 2011

On 23rd May 2011, Bank Negara Malaysia (BNM) announced that a new series of design of Malaysian banknotes and coins will be issued in early 2011, an exercise that is undertaken every 12 years.

The theme of the design of this series of currency will include features that are distinctively Malaysia. It will also have enhanced security elements in line with the latest advancements in technology for currency notes.

The new fourth series design of banknotes will be features in the denominations of RM1, RM5, RM10, RM20 and RM100. The current design of RM50 banknote issued in December 2007 to commemorate Malaysia's 50th anniversary of Independence will remain in circulation.

The new coins are the third in the series for denominations of 5 sen, 10 sen, 20 sen and 50 sen. This new series of banknotes and coins will co-circulated with the existing series until the latter are gradually withdraw from the market.

As part of the effort to increase public awareness on the new currency series, Bank Negara Malaysia will issue the commemorative coins for the third series and unveil the new fourth series banknotes design in the third quarter of 2011.

Collectors, get yourself prepare!

10 comments:

Anonymous said...

This will be a major event all banknote and coin collectors are waiting for, after 12 long years of the same design, other than the 2007 RM50. Also in high anticipation will be the much rumoured sets of same prefix and serial numbers of the new series in denominations of RM1, RM5, RM10, RM20 and RM100 in a single album.

Pierre said...

Where can I buy this album?? should I go to bnm when they launch it?


p/s: Very good blog, keep it up!!

Pierre said...

btw can you explain what is replacement note?

Jack Hoo said...

When it is launched, BNM will provide futher detail on where and how to purchase this album.

Jack Hoo said...

Replacement notes are the reprinted banknotes that replace those mistake notes in the printing process.

For further info, please read my article on replacement notes.

ar1923 said...

This is exciting news for collectors. Jack, could you please keep us updated when BNM will issued the "bundle" banknotes of Rm1, 5, 10, 20 & 100. Since the RM50 has already been issued would it mean there will be no RM50 in this bundle?

Or will BNM surprise us all with a special prefix AAA RM50 as rumoured among collectors??

Jack Hoo said...

Very interesting questions. There are just too many rumours flying around.

I definitely will give my update once BNM has made the official announcement.

firdaus said...

may i know, where our BNM print/produce our banknotes/coin? which country or which bank?
Beside that what is the basic crieteria for our country to print new banknotes?....is it based on our gold deposit? or how...can someone let mek now ?

Cho said...

Please visit The Malaysiana Collection at: http://malaysianacollection.blogspot.com

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