Malaysian ringgit

"MYR" redirects here. For other uses, see MYR (disambiguation).

"Ringgit" redirects here. For other uses, see Ringgit (disambiguation).

Malaysian ringgit

Ringgit Malaysia (Malay)
The Malaysian ringgit third series coinage and fourth series banknote designs announced in 2011 by Bank Negara Malaysia.
ISO 4217
Code	MYR (numeric: 458)
Subunit	0.01
Unit
Symbol	RM‎
Denominations
Subunit
1/100	sen
Banknotes	RM1, RM5, RM10, RM20, RM50, RM100
Coins	5, 10, 20, 50 sen
Demographics
Official user(s)	Malaysia
Unofficial user(s)	Indonesia (in Kalimantan) Philippines (in Tawi-Tawi) Thailand (in Southern Thailand)
Issuance
Central bank	Bank Negara Malaysia
Website	www.bnm.gov.my
Valuation
Inflation	1.4%
Source	Department of Statistics, Malaysia, Aug 2012

The Malaysian ringgit (plural: ringgit; symbol: RM; currency code: MYR; formerly the Malaysian dollar) is the currency of Malaysia. It is divided into 100 sen (cents). The ringgit is issued by the Bank Negara Malaysia.

Etymology

The word ringgit means "jagged" in Malay and was originally used to refer to the serrated edges of silver Spanish dollars which circulated widely in the area during the 16th and 17th century Portuguese colonial era. Due to the common heritage of the three modern currencies, the Singapore dollar and the Brunei dollar are also called ringgit in Malay (currencies such as the US and Australian dollars are translated as dolar), although nowadays the Singapore dollar is more commonly called dolar in Malay. To differentiate between the three currencies, the Malaysian currency is referred to as Ringgit Malaysia, hence the official abbreviation and currency symbol RM. Internationally, the ISO 4217 currency code for Malaysian ringgit is MYR.

The Malay names ringgit and sen were officially adopted as the sole official names in August 1975. Previously they had been known officially as dollars and cents in English and ringgit and sen in Malay, and in some parts of the country this usage continues. In the northern states of Peninsular Malaysia, denominations of 10 sen are called kupang in Malay ("poat⁸" in Hokkien), e.g. 50 sen is 5 kupang ("5 poat⁸" in Hokkien).

History

On 12 June 1967, the Malaysian dollar, issued by the new central bank, Bank Negara Malaysia, replaced the Malaya and British Borneo dollar at par. The new currency retained all denominations of its predecessor except the $10,000 denomination, and also brought over the colour schemes of the old dollar. Over the course of the following decades, minor changes were made on the notes and coins issued, from the introduction of the M$1 coin in 1967, to the demonetisation of RM500 and RM1000 notes during the 1990s.

As the Malaysian dollar replaced the Malaya and British Borneo dollar at par, the new dollar was originally valued at 8.57 dollars per 1 British pound sterling. In November 1967, five months of the introduction of the dollar, the pound was devalued by 14.3%. The new currency was not affected but earlier notes of the Malaya and British Borneo dollar were still pegged at 8.57 dollars per 1 pound; consequently these notes were reduced in value to 85 cents per dollar.

Despite the emergence of new currencies in Malaysia, Singapore and Brunei, the Interchangeability Agreement which the three countries adhered to as originally members of a currency union, meant the Malaysian dollar was exchangeable at par with the Singapore dollar and Brunei dollar. This ended on 8 May 1973, when the Malaysian government withdrew from the agreement. The Monetary Authority of Singapore and the Brunei Currency and Monetary Board still maintain the interchangeability of their two currencies, as of 2009.

In 1993, the currency symbol "RM" (Ringgit Malaysia) was introduced to replace the use of the dollar sign "$" (or "M$").

Between 1995 and 1997, the ringgit was trading as a free float currency at around 2.50 to the US dollar, before dipping to under 3.80 to the dollar by the end of 1997, following the year's East Asian financial crisis. For the first half of 1998, the currency fluctuated between 3.80 and 4.40 to the dollar, before Bank Negara Malaysia pegged the ringgit to the US dollar in September 1998, maintaining its 3.80 to the dollar value for almost seven years, while remaining floated against other currencies.

The ringgit lost 50% of its value against the US dollar between 1997 and 1998, and suffered general depreciation against other currencies between December 2001 and January 2005. As of 4 September 2008, the ringgit has yet to regain its value circa 2001 against the Singapore dollar (SGD) (2.07 to 2.40 to the MYR), the euro (EUR) (3.40 to 4.97 to the MYR), the Australian dollar (AUD) (1.98 to 2.80 to the MYR), and the British pound (GBP) (5.42 to 6.10 to the MYR). In August 2015,the instability in the Malaysian government caused the Malaysian Ringgit to fall until it is lower than in 1998.The current value of ringgit is 1 Ringgit equals to 0.24 USD.

Single currency units in ringgit, averaged over the year.

	1995	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011 (as of 30 Dec)	2015(August)
United States dollar	2.5415	3.8000	3.8000	3.8000	3.8000	3.8000	3.7872	3.6669	3.4356	3.3308	3.5245	3.0646	3.1730	4.1725
Euro	1.5926	3.5089	3.4025	3.5925	4.2999	4.7267	4.7144	4.6028	4.707	4.8851	4.9040	4.0950	4.1055	4.75217
British pound	3.9458	5.7602	5.4802	5.7096	6.2116	6.9511	6.8928	6.7531	6.8748	6.3619	5.5081	4.7575	4.9150	6.54728
Singapore dollar	1.7950	2.2034	2.1208	2.1226	2.1807	2.2488	2.2762	2.3082	2.2807	2.3542	2.4237	2.3897	2.4410	2.96206
Australian dollar	1.8877	2.20995	1.9647	2.0661	2.4786	2.7997	2.8874	2.7622	2.8796	2.8239	2.7823	3.1174	3.2268	3.05344
Japanese yen	0.024593	0.035257	0.031291	0.030395	0.032832	0.035154	0.034377	0.031517	0.029194	0.032351	0.037690	0.037690	0.040973	0.0341903
Chinese yuan	0.3046	0.4590	0.4591	0.4589	0.4589	0.4591	0.4622	0.4599	0.4519	0.4798	0.5159	0.4642	0.5032	0.653301
Source: x-rates.com

On 21 July 2005, Bank Negara announced the end of the peg to the US dollar immediately after China's announcement of the end of the renminbi peg to the US dollar. According to Bank Negara, Malaysia allows the ringgit to operate in a managed float against several major currencies. This has resulted in the value of the ringgit rising closer to its perceived market value, although Bank Negara has intervened in financial markets to maintain stability in the trading level of the ringgit. This task is made easier by the fact that the ringgit has remained non-tradable outside of Malaysia since 1998, which coincided with its pegging to the US dollar, a restriction that was not removed when it was de-pegged in July 2005.

Following the end of the currency peg, the ringgit appreciated to as high as 3.16 to the US dollar in April 2008. The ringgit had also enjoyed a period of appreciation against the Hong Kong dollar (HKD) (from 0.49 to 0.44 to the MYR) and the renminbi (CNY) (0.46 to 0.45 to the MYR) as recently as May 2008.

Political uncertainty following the country's 2008 general election and the 2008 Permatang Pauh by-election, falling oil prices, and the lack of intervention by Bank Negara to increase already low interest rates (which remained at 3.5% since April 2006) led to a slight fall of the ringgit's value against the US dollar between May and July 2008, followed by a sharper drop between August and September of the same year. As a result, the US dollar appreciated significantly to close at 3.43 to the MYR as of 4 September 2008, while other major currencies, including the renminbi and Hong Kong dollar, follow suit. The drop brings the ringgit to its weakest since 24 September 2007, and ranks it as the second worst performing Southeast Asian currency between June 2008 and September 2008. As of 5 August 2012, Malaysia ringgit stands at USD 1 = MYR 3.1730. In August 2015, the instability in the Malaysian government causes the Malaysian Ringgit's value to drop below the value it has in 1998. Right now, the exchange rate between the Ringgit and USD is 1 USD equals to 4.25 Ringgit.

Current MYR exchange rates
From Google Finance:	AUD CAD CHF CNY EUR GBP HKD JPY USD INR SGD CNY
From Yahoo! Finance:	AUD CAD CHF CNY EUR GBP HKD JPY USD INR SGD CNY
From XE.com:	AUD CAD CHF CNY EUR GBP HKD JPY USD INR SGD CNY
From OANDA:	AUD CAD CHF CNY EUR GBP HKD JPY USD INR SGD CNY

Coinage

First series (1967)

The first series of sen coins were introduced in 1967 in denominations of 1 sen, 5 sen, 10 sen, 20 sen, 50 sen, followed by the introduction of the 1 ringgit coin (which used the $ symbol and is the largest coin in the series) in 1971. While varied by diameters, virtually all the coins were minted in near-consistent obverse and reverse designs, with the obverse depicting the then recently completed Malaysian Houses of Parliament and the federal star and crescent moon from the canton of the Malaysian flag. All coins were minted from cupronickel, the only exception being the 1 sen coin, which was first composed from bronze between 1967 to 1972, then in steel clad with copper from 1973 on. The 50 sen coin is the only one in the series to undergo a redesign, a minor 1971 modification on its edge to include "Bank Negara Malaysia" letterings. All coins have the initials GC on the reverse, below the Parliament House. It stands for Geoffrey Colley, Malaysia first coin series' designer.

Minting of the first sen series ended in 1989, when the second series was introduced. The coins older remain legal tender as of 2013, but have steadily declined in number and are seldom seen in circulation. The $1 coin has not been common in circulation since the introduction of the second series $1 coins.

First series [1]
Image		Value	Technical parameters		Description			Date of
Obverse	Reverse		Diameter	Composition	Edge	Reverse	Obverse	first minting	issue
File:MYR1sen ver1.jpg		1 sen	18 mm	Bronze	Plain	Parliament House and a 13-pointed star and crescent moon	State title, value, year of minting	1967	12 June 1967
		1 sen		Copper clad steel				1973	Unknown
File:MYR5sen ver1.jpg		5 sen	16 mm	Cupronickel	Reeded	Parliament House and a 13-pointed star and crescent moon	State title, value, year of minting	1967	12 June 1967
File:MYR10sen ver1.jpg		10 sen	19 mm
File:MYR20sen ver1.jpg		20 sen	23 mm
File:MYR50sen ver1a.jpg		50 sen	28 mm
File:MYR50sen ver1b.jpg		50 sen			Lettered "Bank Negara Malaysia" in block caps			1971	Unknown
File:MYR1 ver1.jpg		$1	33 mm		Lettered "Bank Negara Malaysia" in block caps	Parliament House and a 14-pointed star and crescent moon. The crescent and stars are depicted in thinner forms; the crescent itself is significantly larger and situated in the same position as the Parliament House.		1971	1 May 1971

Second series (1989)

The second series of sen coins entered circulation in late-1989, sporting completely redesigned observes and reverses, but predominantly retaining the design of edges, diameters and composition of the previous series' coins as of 1989—the 1 ringgit coin an exception. Changes include the depiction of items of Malay culture on the obverse, and the inclusion of a Hibiscus rosa-sinensis (Malay: Bunga Raya), the national flower of Malaysia, on the upper half of the reverse. The second series was designed by Low Yee Kheng.

In addition to changes on its observe and reverse, the size of the 1 ringgit coin was also reduced from a diameter of 33 mm to 24 mm, and was minted from an alloy of copper, zinc and tin, as opposed to the first series' cupronickel. The $ symbol was brought over to the new coin, but was dropped in favour of "RINGGIT" for coins minted from 1993 onwards. On 7 December 2005, the 1 ringgit coin was demonetised and withdrawn from circulation. This was partly due to problems with standardisation (two different versions of the second series coin were minted) and forgery.

As of 1 April 2008, a rounding mechanism of prices to the nearest 5 sen, applied to the total bill only, is in force, which was first announced in 2007 by Bank Negara Malaysia, in an attempt to render the 1 sen coin irrelevant. Individual items and services can still be priced in multiples of 1 sen with the final totalled rounded to the nearest 5 sen. For example, purchasing two items priced RM4.88 and RM3.14, totalling RM8.02, would then be rounded to RM8.00. If each item had been individually rounded (to RM4.90 and RM3.15 respectively) the incorrect total would have been RM8.05. In practice, individual items will probably remain priced at so-called "price points" (or psychological pricing and odd-number pricing) ending in 98 and 99 to maximise rounding gains for the vendor, especially in the case of single item purchases. Existing 1 sen coins in circulation remain legal tender for payments up to RM2.00.

Second series [2]
Image		Value	Technical parameters		Description			Date of
Obverse	Reverse		Diameter	Composition	Edge	Reverse	Obverse	first minting	issue
File:MYR1sen ver2.jpg		1 sen	18 mm	Bronze clad steel	Plain	Rebana ubi	Bank title, value, year of minting	1989	4 September 1989
File:MYR5sen ver2.jpg		5 sen	16 mm	Cupronickel	Reeded	Gasing	Bank title, value, year of minting	1989	4 September 1989
File:MYR10sen ver2.jpg		10 sen	19 mm			Congkak
File:MYR20sen ver2.jpg		20 sen	23 mm			Sirih and kapur container
File:MYR50sen ver2.jpg		50 sen	28 mm		Lettered "Bank Negara Malaysia"	Wau
File:MYR1 ver2a.jpg		$1	24 mm	Copper-zinc-tin	Reeded	Keris with a songket background	Bank title, "$1", year	1989	4 September 1989
File:MYR1 ver2b.jpg		RM1					Bank title, "1 RINGGIT", year of minting	1993	Unknown
For table standards, see the coin specification table.

Third series (16 January 2012)

The third series of coins were announced on 25 July 2011, first being issued as commemorative coins to mark their release in early 2012. The third series carry a theme named "Distinctively Malaysia" and are inspired from motifs of flora and fauna drawn from various cultures in Malaysia to "reflect the diversity and richness of Malaysia's national identity". The denominations issued are 5, 10, 20 and 50 sen. On 24 October 2011, Deputy Finance Minister Datuk Donald Lim named Poogsan Corporation of South Korea as the series' coin suppliers and the coins are minted at the Bank Negara Mint in Shah Alam.

According to Lim, costs in producing the coins will be reduced by 49% due to the change in metal composition. Other changes in the series include the diameter, the colour on the 20- and 50 sen coins (from silver to yellow) and a redesign on the obverse (featuring different motifs for each denomination), fourteen dots symbolising the thirteen states and the collective Federal Territories, and five horizontal lines indicating the five principles of Rukunegara.

The 50-cent coin is more distinctive than the other denominations. The round shape of the coin has nine indentations, forgoing the original "BANK NEGARA MALAYSIA" lettering. The obverse does not feature the five horizontal lines, but instead a latent image security feature is placed over the coin, where lettering of the denomination "50" and "SEN" can be seen when the coin is tilted slightly.

The 20 sen and 50 sen coins are look similar to €0.20 and €0.50 coin in size,design and colour,although it only worth at €0.047 and €0.12 respectively.However,edges of the coins are similar to €0.20 for 50 sen coins and €0.50 for 20 sen coins to distinguish it with €0.20 and €0.50 euro coins.

Third Series [3]
Image		Value	Technical parameters			Description			Date of
Obverse	Reverse		Diameter	Mass	Composition	Edge	Reverse	Obverse	first minting	issue
File:MYR5sen verIII.jpg		5 sen	17.78 mm	1.72 g	Stainless steel	Plain	14 dots, five horizontal lines, sulur kacang (pea tendrils) motif, "destar siga" cloth motif of the Kadazan-Dusun tribes	Bank title, value, year of minting, the national flower	2011	16 January 2012
File:MYR10sen verIII.jpg		10 sen	18.80 mm	2.98 g		Milled	14 dots, five horizontal lines, Weave pattern of the Mah Meri people.
File:MYR20sen verIII.jpg		20 sen	20.60 mm	4.18 g	Nickel Brass	Plain	14 dots, five horizontal lines, bunga melur (Jasmine flower) motif on the foreground with a "destar siga" motif on the background
File:MYR50sen verIII.jpg		50 sen	22.65 mm	5.66 g	Nickel Brass clad Copper	Coarse	14 dots, sulur kacang (pea tendrils) motif and fine lines denoting security feature
For table standards, see the coin specification table.

Banknotes

First series (1967)

Bank Negara Malaysia first issued Malaysian dollar banknotes on 6 June 1967 in $1, $5, $10, $50 and $100 denominations. The $1000 denomination was first issued on 2 September 1968. The first Malaysian banknotes carried the image of Tuanku Abdul Rahman, the first Yang di-Pertuan Agong of Malaysia and bore the signature of Tun Ismail bin Mohamed Ali, the first Malaysian Governor of Bank Negara Malaysia. On 16 August 1972, Bank Negara Malaysia adopted official new spelling system of the national language, Bahasa Malaysia, into the printing of its currency notes while retaining the designs. The banknotes with new spellings are circulated alongside the old banknotes.

First Series [4]
Image		Value	Main Colour	Description		Date of issue
Obverse	Reverse			Obverse	Reverse
		$1	Blue	Tuanku Abdul Rahman	Bank Negara Logo, the Kijang Emas	June 1967
		$5	Green
		$10	Red
		$50	Blue/grey
		$100	Violet
		$1000	purple/green		Parliament building in Kuala Lumpur	2 September 1968
For table standards, see the banknote specification table.

Second series (1982)

The second series was issued with Malaysian traditional ornamental designs in 1982, in $1, $5, $10, $20, $50, $100, $500, and $1000 denominations. The $20 was generally relatively uncommon. Until 2010 the second series notes are still occasionally encountered.

The mark for the blind on the upper left hand corner was removed on the second revision in 1985.

In 1999 the RM500 and RM1000 notes were discontinued and ceased to be legal tender. This was due because of the Asian monetary crisis of 1997 when huge amounts of ringgit were taken out of the country to be traded in these notes. In effect the notes were withdrawn out of circulation and the amount of ringgit taken out of the country in banknotes was limited to RM1000.

In 1993, $1 notes were discontinued and replaced by the $1 coin.

Second Series (a)
Image		Value	Main Colour	Description		Date of issue	Remark
Obverse	Reverse			Obverse	Reverse
		$1	Blue	Tuanku Abdul Rahman	The National Monument in Kuala Lumpur	1982	with blind mark.
		$5	Green		Former Istana Negara in Kuala Lumpur	1982
		$10	Red		Old Kuala Lumpur Railway Station	1982
		$20	Brown/white		Bank Negara Malaysia headquarters in Kuala Lumpur	1982
		$50	Blue/grey		National Museum in Kuala Lumpur	1982
		$100	Violet		National Mosque in Kuala Lumpur	1982
		$500	Orange		Former Supreme Court building in Kuala Lumpur	1982
		$1000	Blue/green		Parliament building in Kuala Lumpur	1982
For table standards, see the banknote specification table.

Second Series (b)
Image		Value	Main Colour	Description		Date of issue
Obverse	Reverse			Obverse	Reverse
		$1	Blue	Tuanku Abdul Rahman	The National Monument in Kuala Lumpur	1985
		$5	Green		Former Istana Negara in Kuala Lumpur	1985
		$10	Red		Old Kuala Lumpur Railway Station	1985
		$20	Brown/white		Bank Negara Malaysia headquarters in Kuala Lumpur	1985
		$50	Blue/grey		National Museum in Kuala Lumpur	1985
		$100	Violet		National Mosque in Kuala Lumpur	1985
		$500	Orange		Former Supreme Court building in Kuala Lumpur	1985
		$1000	Blue/green		Parliament building in Kuala Lumpur	1985
For table standards, see the banknote specification table.

Third series (1996)

The third series was issued with designs in the spirit of Wawasan 2020 in 1996 in denominations of RM1, RM2, RM5, RM10, RM50 and RM100. The larger denomination RM50 and RM100 notes had an additional hologram strip to deter counterfeiters.

In 2004, Bank Negara issued a new RM10 note with additional security features including the holographic strip previously only seen on the RM50 and RM100 notes. A new RM5 polymer banknote with a distinctive transparent window was also issued. Both new banknotes are almost identical to their original third series designs. According to Bank Negara, all paper notes will eventually be phased out and replaced by polymer notes.

Third Series
Image		Value	Dimensions	Main Colour	Description		Date of issue	Status	Remark
Obverse	Reverse				Obverse	Reverse
		RM1	120 × 65 mm	Blue	Tuanku Abdul Rahman	Mount Kinabalu, Mount Mulu and "Wau Bulan" kite	8 November 2000	Circulation	Paper
		RM2	130 × 65 mm	Lilac		Menara Kuala Lumpur communications tower and the MEASAT satellite	5 February 1996	Withdrawn	Paper
		RM5	135 × 65 mm	Green		Multimedia Super Corridor, KLIA and Petronas Twin Towers	27 September 1999	Withdrawn	Paper
							26 October 2004	Circulation	Polymer (Biaxially-oriented polypropylene)
		RM10	140 × 65 mm	Red		Putra LRT train, Malaysia Airlines Boeing 777 aircraft and MISC ship	10 January 1998	Withdrawn	Paper (without holographic strip)
							5 January 2004	Circulation	Paper (with holographic strip)
		RM50	145 × 69 mm	Blue/grey		Mining, Petronas oil platform	20 July 1998	Circulation	Paper (with holographic strip)
		RM100	150 × 69 mm	Violet		Proton car production line and engine	26 October 1998	Circulation	Paper (with holographic strip)
For table standards, see the banknote specification table.

Fourth series (2012)

In early 2008, the Bank released a newly designed RM50 banknote, which according to the Bank, were to enter general circulation beginning 30 January 2008. Earlier, 20,000 more such notes with special packaging were distributed by the bank on 26 December 2007.

The newly designed RM50 banknote retains the predominant colour of green-blue, but is designed in a new theme, dubbed the "National Mission", expressing the notion of Malaysia "[moving] the economy up the value chain", in accordance to Malaysia's economic transformation to higher value-added activities in agriculture, manufacturing and services sectors of the economy. The dominant intaglio portrait of the first Seri Paduka Baginda Yang di-Pertuan Agong, Tuanku Abdul Rahman, is retained on the right and the national flower, the hibiscus, is presented in the center on the obverse of the note. Design patterns from songket weaving, which are in the background and edges of the banknote, are featured to reflect the traditional Malay textile handicraft and embroidery.

The first 50 million pieces of the new RM50 banknote features Malaysia's first Prime Minister, Tunku Abdul Rahman, at the historic declaration of Malaya's independence, and the logo of the 50th Anniversary of Independence on the reverse. Security features on the banknote include a watermarked portrait of the Yang di-Pertuan Agong, a security thread, micro letterings, fluorescent elements visible only under ultraviolet light, a multi coloured latent image which changes colour when viewed at different angles, and a holographic stripe at the side of the note and an image that is visible only via a moiré effect to prevent counterfeiting using photocopiers. Circulation for the first edition of this new RM50 banknote was eventually curtailed by the Central Bank due to the various Malaysia banks' automatic teller machines inability to accept it. The bank began to re-release the new series for general circulation beginning 15 July 2009 without the 50th Anniversary logo. This edition include new enhanced security features such as two color number fluorescents and security fibres.

In May 2011, Bank Negara Malaysia had announced that they will introduce a new series of banknotes to replace the current design that has been in circulation for around 15 years. The most highlighted part of the announcement is the re-introduction of the RM20 note, which was not included in the third series. The design of the new notes was announced on 21 December 2011, and the notes are expected to be put into circulation in the second half of 2012. The new series banknotes are legal tender and will co-circulate with the existing series. The existing series will be gradually phased out. All banknote denominations in the new series will retain the portrait of the first Seri Paduka Baginda Yang di-Pertuan Agong, Tuanku Abdul Rahman ibni Tuanku Muhammad. The banknotes are supplied by Crane AB of Sweden, Giesecke & Devrient GmbH of Germany, Oberthur Technologies of France and Orell Fussli of Switzerland. They were put into circulation on 16 July 2012.

Fourth Series
Image		Value	Dimensions	Main Colour	Substrate	Description		Date of issue	Remark
Obverse	Reverse					Obverse	Reverse
		RM1	120 × 65 mm	Blue	Polymer	Tuanku Abdul Rahman with the national flower, hibiscus, and patterns of the traditional fabric - the songket	Wau bulan	16 July 2012
		RM5	135 × 65 mm	Green			Rhinoceros hornbill	16 July 2012
		RM10	140 × 65 mm	Red	Paper		Rafflesia	16 July 2012
		RM20	145 × 65 mm	Orange			Hawksbill and leatherback turtle	16 July 2012
		RM50	145 × 69 mm	Blue and green			Malaysia's first Prime Minister, Tunku Abdul Rahman Putra Al-Haj, Oil palm trees	15 July 2009	Circulating notes (Starting prefix AF)
		RM100	150 × 69 mm	Purple			Mount Kinabalu and pinnacles rock formations of Gunung Api valley	16 July 2012
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

Commemoratives

Commemoratives are also released in limited quantity. To commemorate the 1998 Commonwealth Games in Kuala Lumpur, a commemorative RM50 polymer banknote was issued. This note is hardly ever seen in normal usage, its use being a collector's commemorative. This note was printed by Note Printing Australia (NPA).

For the fourth series, customers are able to purchase them in three distinct sets; a pair of RM1 and RM5 banknotes, a set of RM20 banknotes, and the full set of RM1, RM5, RM10, RM20, RM50 and RM100 banknotes. The RM50 banknote no longer carries the logo of the 50th Anniversary of Independence.

Commemorative
Image		Value	Dimensions	Main Colour	Description		Date of issue	Remark
Obverse	Reverse				Obverse	Reverse
		RM50	152 × 76 mm	Yellow and green	Tuanku Abdul Rahman, the skyline of Kuala Lumpur (with the Petronas Twin Towers)	Bukit Jalil Sports complex	1 June 1998	Polymer (Biaxially-oriented polypropylene)
		RM50	145 × 69 mm	Blue and green	Tuanku Abdul Rahman with the national flower, hibiscus	Malaysia's first Prime Minister, Tunku Abdul Rahman Putra Al-Haj and the logo of the 50th Anniversary of Independence. Oil palm trees	26 December 2007	Commemorative fourth series no longer issued, identified with yellow border at both sides (from AA 0000001 to AA 0020000). Prefix AA 0020001 until AE is for normal circulation.
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

Kijang Emas

Main article: Kijang Emas

Three denominations of gold bullion coins, the "Kijang Emas" (the kijang, a species of deer, being part of Bank Negara Malaysia's logo) are also issued, at the face value of RM 50, RM 100 and RM 200, weighing ¼ oz, ½ oz and 1 oz respectively. It is minted by the Royal Mint of Malaysia and was launched on 17 July 2001 by Bank Negara Malaysia, making Malaysia the twelfth country to issue its own gold bullion coins. Like other bullion coins issued around the world, the Kijang Emas is primarily used as an investment rather than day-to-day circulation. The purchase and reselling price of Kijang Emas is determined by the prevailing international gold market price.

See also

• Economy of Malaysia

http://marketrealist.com/2015/08/malaysian-ringgit-falls-17-year-low/

External links

• Bank Negara Malaysia Currency page showing security features of current banknotes issue (RM1, RM2, RM5, RM10, RM50, and RM100 denominations).
• Bank Negara Malaysia Money Museum website providing numismatic collection, history of money in Malaysia, and galleries.
• MYR Currency Converter tool for converting Malaysian ringgit to and from other major currencies.

Preceded by: Malaya and British Borneo dollar Reason: Currency Agreement Ratio: at par, or 60 dollars = 7 British pounds

Currency of Malaysia 1967 –

Succeeded by: Current