100 Malaysian Ringgit

The Malaysian ringgit is the currency of Malaysia. It is divided into 100 sen (cents). 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 colonial times.

The History of the Malaysian Ringgit

The Malaysian ringgit, also known as the Malaysian dollar, has been the currency of Malaysia since 1975. It is divided into 100 sen (cents). 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 Malaysia’s colonial era.

In 1837, the Straits Settlements adopted a silver dollar coin based on the Spanish dollars which circulated in the region. This was followed by an imperial order-in-council made in London on 14 February 1867…

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The Design of the Malaysian Ringgit

Design

The Malaysian ringgit is the official currency of Malaysia. The design of the current banknotes was unveiled on 2 May 1996, and the notes were released for circulation on 1 July 1997. The notes are issued by the Central Bank of Malaysia (Bank Negara Malaysia).

The front side of the banknote features a portrait of Yang di-Pertuan Agong XIII Tuanku Jaafar, while the back side depicts various Malaysian landscapes or activities. Each note also includes a watermark of the portrait of Tuanku Abdul Rahman, the first Yang di-Pertuan Agong.

Security features introduced in the latest series include microprinting, iridescent band, latent image, see-through register, and raised ink. In addition to these security features, each banknote has a unique serial number which is printed twice on the obverse of the note.

The Security Features of the Malaysian Ringgit

The Malaysian Ringgit is one of the most secure currencies in the world. The security features of the currency are designed to protect it from counterfeiting and fraud. Some of the security features of the Malaysian Ringgit include:

– Watermark: The watermark on the Malaysian Ringgit is a portrait of His Majesty the Yang di-Pertuan Agong, the head of state of Malaysia. The watermark is located on the right side of the banknote and is only visible when the banknote is held up to the light.

– Security Thread: The security thread on the Malaysian Ringgit is a thin strip that runs vertically through the center of the banknote. The thread is embedded with microprinting that reads “BANK NEGARA MALAYSIA” and “1 RINGGIT”.

– Optically Variable Ink (OVI): The OVI ink on the Malaysian Ringgit changes color when viewed from different angles. The ink is used on the numeral 1 in each denomination. When viewed at a certain angle, the ink appears green while it appears brown when viewed at another angle.

– Microprinting: Microprinting can be found on various parts of the Malaysian Ringgit, including around the portrait of His Majesty and on the security thread. Microprinting is used to deter counterfeiting by making it difficult to reproduce banknotes without specialist equipment.

– Intaglio Printing:

Conclusion

The Malaysian Ringgit is an important part of the country’s economy and its citizens’ everyday lives. Understanding the essentials of the currency can help you make sound financial decisions and avoid costly mistakes. With this basic knowledge in hand, you’ll be able to confidently use the Malaysian Ringgit to your advantage.