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Straits dollar

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307: 84: 542: 469: 92: 136: 1015: 27: 315: 1001: 553:'s reign the range of currency notes was extended up to one thousand dollars for the convenience of inter-bank clearing transactions. In 1915, it was decided to make a complete change in the design of the 50, 100 and 1000 dollar notes. These denominations were first issued to the public in February 1920, October 1919 and May 1917 respectively. They were printed by 426:
The Board of Commissioners of Currency introduced 5 and 10 dollar notes in 1898, followed by 50 and 100 dollars in 1901 and 1 dollar in 1906. Emergency issues of 10 and 25 cents were made between 1917 and 1920. 1000 dollar notes were issued in 1930 but during the remainder of the 1930s only 1, 5 and
495:, and this became the standard unit of value. All other silver dollars at that time circulation were demonetised by 1904. A steep rise in the price of silver, however, soon forced the government to call in the first issue of this Straits dollar and to replace it with a coin of lower silver content. 532:
The Chinese text on top of the banknote reads: 叻嶼呷國庫銀票, 叻嶼呷 is the abbreviation for the Straits Settlements (叻 = Singapore, 嶼 = Penang Island, 呷 = Malacca). It is roughly equivalent to "banknote of the Straits Settlements". The Malay text is rendered in Jawi script at the bottom and three Straits
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Within a few years, the value of silver rose rapidly such as to make the silver value of the Straits dollar higher than its gold exchange value. To prevent these dollars from being melted down, a new smaller dollar was issued in 1907 with a reduced silver content. A parallel story occurred in the
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In 1826, the Straits Settlements were formed under the auspices of the East India Company. The East India Company attempted to implement the Indian rupee as the sole official currency in the Straits Settlements, however it was unsuitable for trade and Mexican dollars (the successor to the Spanish
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In 1858, administration of the Straits Settlements was transferred from the East India Company to the Crown, and the Straits Settlements came under the Government of British India. A second issue of the same denominations was struck in 1862 at the Indian Government Mint, Calcutta. These bore the
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was for the first time declared legal tender, and the Straits dollar was given an arbitrary value of two shillings and four pence sterling. This dollar note proved so popular that it was retained in all future issues, so that to a very large extent it replaced the need for the silver coin.
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ascended the throne in January 1901. In the previous issue the 5-dollar note had been of almost the same size and design as the 10-dollar. It was now reduced in size to help recognition. The series dated 1 February 1901 were printed by
400:. The idea was that when the exchange value had diverged significantly from that of the other silver dollars, then the authorities would peg it to sterling at that value, hence putting the Straits Settlements unto the 236:
In 1903, the board issued the Straits dollar, valued at par with the British trade dollar, while also demonetizing the British, Mexican, and other silver dollars. In 1906, the Straits dollar was pegged to two
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Settlements are also explicitly given: Wang (واڠ) kertas (قرطاس, the Arabic spelling is used) ini kerajaan tiga (تيݢ) buah negeri iaitu Singapura, Pulau Pinang, dan Melaka mengaku pembayarannya.
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In 1867, the administration of the Straits Settlements were transferred to the British colonial office, and the Indian rupee also lost its status as legal tender within the Straits Settlements.
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currency. The Blackett Report recommended that the sole power of issuing currency for the area should be entrusted to a pan-Malayan Currency Commission. This recommendation was adopted by the
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The purpose of this action was to create a separate exchange value for the new Straits dollar as compared with the other silver dollars that were circulating in the region, notably the
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A 3-page special issue of the Straits Settlements Government Gazette published in Singapore on 24 August 1904, contained the following proclamation by then Governor, Sir John Anderson:
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During the change over period, fear of a shortage of coin led to the introduction of the one-dollar note, fixed at an exchange rate against gold instead of silver. To effect this, the
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cent coins were issued in 1916. Dollars were last struck for circulation in 1926, with 50 cents production ending in 1921. The remaining coins continued in production until 1935.
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From 31 August 1904, British, Mexican and Hong Kong Dollars would cease to be legal tender and would be replaced by the newly introduced Straits Settlements Dollar.
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was created in 1897, and from 1899 began issuing Straits Settlement currency notes. Private banks were also prohibited from issuing new banknotes.
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1844 saw the authorization of copper coinage for the Straits Settlements using a system of 100 cents = 1 dollar, with the dollar equal to the
1041: 753: 557:. A 10,000 note was first issued in October 1922. This was not available to the public, but was used exclusively in inter-bank transfers. 196:
dollar) continued to be used for trade. Private banks also printed their own private banknotes which were redeemable to silver dollars.
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continued to issue banknotes, which circulated side by side with the official currency. All notes were freely exchangeable with the
1103: 1034: 1108: 404:. This pegging occurred when the Straits dollar reached the value of two shillings and four pence (2s 4d) against sterling. 221:
However, due to a shortage of silver dollars from the Spanish Empire, the British also began issuing trade dollars in 1895.
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In 1871, silver coins were issued in the name of the Straits Settlements for 5, 10 and 20 cents, followed by copper
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In 1931, the sterling was taken off the gold standard, putting the Straits dollar on a sterling-exchange standard.
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and did not bear any indication of where they were to be used. The original dies were engraved by
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and 1 cent the next year and silver 50 cents in 1886. Silver dollars were first minted in 1903.
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p. 138). The one-dollar notes, which were dated 1 September 1906, were printed by the
397: 135: 124: 156:, including issues both from Spain and from the new world Spanish colonies, which for the 8: 1779: 1573: 1563: 1558: 1463: 1314: 1077: 958: 938: 914: 594: 492: 441: 318:
Strait dollar found in Indonesia during British Occupation: 1 dollar, 20 cent, and 5 cent
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acknowledged the successor to this currency unit, although Malaysia rescinded in 1973. A
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was first authorised to issue currency notes by Ordinance VIII of 1897 during
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1 cent minted by the East India Company for the Straits Settlements in 1845
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The Coins of the British Commonwealth of Nations Part 2 Asian Territories
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The Coins of the British Commonwealth of Nations Part 2 Asian Territories
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The Coins of the British Commonwealth of Nations Part 2 Asian Territories
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The Coins of the British Commonwealth of Nations Part 2 Asian Territories
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A five-dollar and a ten-dollar note both dated 8 June 1909, were printed
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or the various other silver coins that were legal tender in the Colony.
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In the early nineteenth century, the most common currency used in the
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In 1903, a dollar-sized coin in silver was minted specially for the
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to lead a commission to consider the participation of the various
617:'s reign, and ratified by the various states during 1939 and the 785:"Currency Interchangeability Agreement - Brunei Notes and Coins" 322:
The first coins issued for the Straits Settlements in 1845 were
282:, Currency Interchangeability Agreement, was signed between the 107:
from 1898 until 1939. At the same time, it was also used in the
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Board of Commissioners of Currency for the Straits Settlements
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No special issue of notes was made during the brief reign of
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Paper Currency of Malaysia, Singapore and Brunei (1849–1970)
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and 1 cent denominations in copper. They were issued by the
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By the end of 1906, the currency circulation had risen to
1252: 859:. National Museum, Republic of Singapore. p. 56. 996: 1056: 708:"A Gold Standard for the Straits Settlements. II" 431:Straits Settlements government issues (1899–1942) 1868: 621:became legal tender in the Straits Settlements. 510:, while that of the private banks had fallen to 1099:Banknotes of the Constantinople Estate (Johore) 638:Linzmayer, Owen (2013). "Straits Settlements". 758:Ministry of Foreign Affairs and Trade (Brunei) 264:The Straits dollar was replaced at par by the 1238: 1042: 358:, and later in 1858 also at the Madras Mint. 875:Malaysia A Study in Direct and Indirect Rule 667:"History of Singapore currency | Infopedia" 1245: 1231: 1049: 1035: 644:. San Francisco, CA: www.BanknoteNews.com. 516:20th Century Impressions of British Malaya 1947:1898 establishments in the British Empire 637: 463: 87:One Straits one dollar banknote from 1935 71:Learn how and when to remove this message 1892:Obsolete currencies in Malaysian history 1104:Banknotes of the Sungei Buloh Settlement 884:, Museum Department of States of Malaya. 854: 839: 829:. Spink & Son Ltd. pp. 183–185. 824: 809: 782: 705: 690: 593:, in the profits and liabilities of the 572: 540: 467: 313: 305: 134: 90: 82: 34:This article includes a list of general 536: 472:Fifty Straits dollar banknote from 1925 435: 408:Philippines at the same time. The last 180:. Locally issued coinages included the 1869: 203:or its regional successors within the 1226: 1109:Postal orders of British North Borneo 1030: 977: 945: 931: 911: 895: 599:Government of the Straits Settlements 560: 545:Ten Straits Dollar banknote from 1927 661: 659: 657: 655: 653: 651: 20: 908:administration separated from India 844:. Spink & Son Ltd. p. 186. 814:. Spink & Son Ltd. p. 181. 695:. Spink & Son Ltd. p. 180. 583:Secretary of State for the Colonies 95:One Straits one cent coin from 1920 16:Currency of the Straits Settlements 13: 1205:Unofficial/non-legal tender issues 231: 139:Silver coin: 1 Strait dollar, 1903 40:it lacks sufficient corresponding 14: 1968: 888: 833: 746: 648: 294:banknotes and coins legal tender 1887:Currencies of the British Empire 1529:Malaya and British Borneo dollar 1124:Malaya and British Borneo dollar 1013: 999: 354:. They were first struck at the 25: 848: 528:Thomas de la Rue & Co. Ltd. 524:Thomas de la Rue & Co. Ltd. 482:Thomas de la Rue & Co. Ltd. 362:inscription "India – Straits". 818: 803: 776: 699: 684: 631: 259: 1: 1674:Zimbabwean dollar (2019–2024) 624: 427:10 dollar notes were issued. 143: 1489:Danish West Indian rigsdaler 1114:Japanese occupation currency 754:"Brunei-Singapore Relations" 421: 7: 1584:Prince Edward Island dollar 1454:British North Borneo dollar 1134:British North Borneo dollar 712:Political Science Quarterly 454:Hong Kong and Shanghai Bank 280:memorandum of understanding 10: 1973: 1932:Economic history of Brunei 1897:Modern obsolete currencies 1519:Japanese occupation dollar 1459:British West Indies dollar 1390:Trinidad and Tobago dollar 867: 284:Brunei–Singapore relations 130: 1917:British rule in Singapore 1808: 1767: 1751: 1730: 1703: 1682: 1469:Confederate States dollar 1436: 1408: 1267: 1204: 1188: 1167: 1091: 1065: 298:in each other's country. 249:, which was in turn on a 1484:Danish West Indian daler 1320:Eastern Caribbean dollar 706:Kemmerer, E. W. (1906). 607:Unfederated Malay States 350:, Chief Engraver at the 301: 245:(or twenty-eight pence) 113:Unfederated Malay States 103:was the currency of the 1912:Currencies of Singapore 1743:Project Entropia Dollar 1695:Pitcairn Islands dollar 1449:British Columbia dollar 873:Emerson, Rupert, 1964, 579:Basil Phillott Blackett 577:In September 1933, Sir 178:Spanish colonial empire 55:more precise citations. 1957:Federated Malay States 1942:1939 disestablishments 1907:Currencies of Malaysia 1375:Solomon Islands dollar 990:protectorate agreement 963:Federated Malay States 603:Federated Malay States 546: 500:British gold sovereign 473: 464:Edward VII (1901–1910) 402:gold exchange standard 394: 319: 311: 140: 109:Federated Malay States 96: 88: 1856:Zimbabwean bond notes 1851:Zimbabwean bond coins 1723:(Geary–Khamis dollar) 1619:Sierra Leonean dollar 1569:Norwegian speciedaler 1504:Greenlandic rigsdaler 1310:Cayman Islands dollar 880:Shaw, William, 1971, 855:Pridmore, F. (1975). 840:Pridmore, F. (1965). 825:Pridmore, F. (1965). 810:Pridmore, F. (1965). 691:Pridmore, F. (1965). 671:eresources.nlb.gov.sg 581:was appointed by the 573:George VI (1936–1952) 544: 471: 390: 317: 309: 138: 94: 86: 1902:Currencies of Brunei 1721:International dollar 1609:Saint Vincent dollar 1554:New Brunswick dollar 1400:United States dollar 1073:Bank Negara Malaysia 1060:currency and coinage 877:, Macmillan Company. 537:George V (1910–1936) 436:Victoria (1837–1901) 398:British trade dollar 125:British North Borneo 1952:Straits Settlements 1780:Canadian Tire money 1589:Puerto Rican dollar 1574:Nova Scotian dollar 1564:Norwegian rigsdaler 1559:Newfoundland dollar 1464:Ceylonese rixdollar 1315:Cook Islands dollar 1078:Economy of Malaysia 959:Straits Settlements 939:Straits Settlements 915:Straits Settlements 764:on 22 February 2014 595:Straits Settlements 493:Straits Settlements 442:Straits Settlements 166:Spanish East Indies 105:Straits Settlements 1882:Currencies of Asia 1795:Salt Spring dollar 1659:Trinidadian dollar 1604:Saint Lucia dollar 1599:Saint Kitts dollar 1499:Dutch rijksdaalder 1474:Continental dollar 1360:New Zealand dollar 1168:Ancient currencies 1021:Numismatics portal 943:1901 – 1939 857:Coins and Coinages 561:Edward VIII (1936) 547: 474: 440:The Government of 344:East India Company 320: 312: 160:emanated from the 141: 117:Kingdom of Sarawak 97: 89: 1864: 1863: 1669:Zimbabwean dollar 1664:Tobagonian dollar 1649:Old Taiwan dollar 1644:Swedish riksdaler 1524:Kiautschou dollar 1428:Malaysian ringgit 1385:New Taiwan dollar 1380:Surinamese dollar 1275:Australian dollar 1220: 1219: 1212:Kelantanese dinar 1083:Malaysian ringgit 995: 994: 991: 973: 929: 919:1845 – 1901 909: 641:The Banknote Book 286:which makes both 168:originating from 81: 80: 73: 1964: 1594:Rhodesian dollar 1544:Mongolian dollar 1539:Mauritian dollar 1509:Grenadian dollar 1494:Dominican dollar 1479:Danish rigsdaler 1370:Singapore dollar 1335:Hong Kong dollar 1295:Bermudian dollar 1285:Barbadian dollar 1247: 1240: 1233: 1224: 1223: 1175:Tin Animal Money 1159:Trengganu keping 1051: 1044: 1037: 1028: 1027: 1023: 1018: 1017: 1016: 1009: 1004: 1003: 1002: 986: 954: 923:Concurrent with: 921: 904: 893: 892: 861: 860: 852: 846: 845: 837: 831: 830: 822: 816: 815: 807: 801: 800: 798: 796: 787:. Archived from 780: 774: 773: 771: 769: 760:. Archived from 750: 744: 743: 703: 697: 696: 688: 682: 681: 679: 677: 663: 646: 645: 635: 555:Thomas de la Rue 513: 509: 417: 416: 412: 384: 383: 379: 374: 373: 369: 341: 340: 336: 331: 330: 326: 292:Singapore dollar 186:Trengganu keping 76: 69: 65: 62: 56: 51:this article by 42:inline citations 29: 28: 21: 1972: 1971: 1967: 1966: 1965: 1963: 1962: 1961: 1867: 1866: 1865: 1860: 1804: 1763: 1747: 1726: 1699: 1678: 1639:Sumatran dollar 1624:Slovenian tolar 1549:Nevisian dollar 1514:Hawaiian dollar 1432: 1410: 1404: 1395:Tuvaluan dollar 1355:Namibian dollar 1350:Liberian dollar 1345:Kiribati dollar 1340:Jamaican dollar 1330:Guyanese dollar 1305:Canadian dollar 1280:Bahamian dollar 1263: 1251: 1221: 1216: 1200: 1184: 1163: 1154:Sumatran dollar 1119:Kelantan keping 1087: 1061: 1055: 1019: 1014: 1012: 1005: 1000: 998: 985: 979: 953: 947: 942: 920: 918: 903: 897: 891: 870: 865: 864: 853: 849: 838: 834: 823: 819: 808: 804: 794: 792: 791:on 28 June 2017 781: 777: 767: 765: 752: 751: 747: 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1063: 1062: 1054: 1053: 1046: 1039: 1031: 1025: 1024: 1010: 993: 992: 975: 974: 950:Malayan dollar 944: 930: 910: 890: 889:External links 887: 886: 885: 878: 869: 866: 863: 862: 847: 832: 817: 802: 783:Reading Room. 775: 745: 718:(4): 663–698. 698: 683: 647: 629: 628: 626: 623: 619:Malayan dollar 574: 571: 562: 559: 538: 535: 465: 462: 458:Mexican dollar 450:Chartered Bank 446:Queen Victoria 437: 434: 432: 429: 423: 420: 303: 300: 266:Malayan dollar 261: 258: 233: 230: 205:Spanish Empire 201:Spanish dollar 154:Spanish dollar 145: 142: 132: 129: 101:Straits dollar 79: 78: 33: 31: 24: 15: 9: 6: 4: 3: 2: 1969: 1958: 1955: 1953: 1950: 1948: 1945: 1943: 1940: 1938: 1935: 1933: 1930: 1928: 1925: 1923: 1920: 1918: 1915: 1913: 1910: 1908: 1905: 1903: 1900: 1898: 1895: 1893: 1890: 1888: 1885: 1883: 1880: 1878: 1875: 1874: 1872: 1857: 1854: 1852: 1849: 1847: 1844: 1842: 1839: 1837: 1834: 1832: 1829: 1827: 1824: 1822: 1819: 1817: 1814: 1813: 1811: 1809:See also 1807: 1801: 1798: 1796: 1793: 1791: 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1361: 1358: 1356: 1353: 1351: 1348: 1346: 1343: 1341: 1338: 1336: 1333: 1331: 1328: 1326: 1325:Fijian dollar 1323: 1321: 1318: 1316: 1313: 1311: 1308: 1306: 1303: 1301: 1300:Brunei dollar 1298: 1296: 1293: 1291: 1290:Belize dollar 1288: 1286: 1283: 1281: 1278: 1276: 1273: 1272: 1270: 1266: 1261: 1260: 1255: 1248: 1243: 1241: 1236: 1234: 1229: 1228: 1225: 1213: 1210: 1209: 1207: 1203: 1197: 1194: 1193: 1191: 1187: 1181: 1178: 1176: 1173: 1172: 1170: 1166: 1160: 1157: 1155: 1152: 1150: 1147: 1145: 1142: 1140: 1139:Penang dollar 1137: 1135: 1132: 1130: 1127: 1125: 1122: 1120: 1117: 1115: 1112: 1110: 1107: 1105: 1102: 1100: 1097: 1096: 1094: 1090: 1084: 1081: 1079: 1076: 1074: 1071: 1070: 1068: 1064: 1059: 1052: 1047: 1045: 1040: 1038: 1033: 1032: 1029: 1022: 1011: 1008: 997: 989: 984: 983: 976: 972: 968: 964: 960: 957: 952: 951: 946:Succeeded by: 941: 940: 936: 927: 924: 917: 916: 907: 902: 901: 894: 883: 879: 876: 872: 871: 858: 851: 843: 836: 828: 821: 813: 806: 790: 786: 779: 763: 759: 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978:Preceded by: 955: 948: 933:Currency of 932: 926:Indian rupee 922: 913:Currency of 912: 905: 900:Indian rupee 898: 896:Preceded by: 881: 874: 856: 850: 841: 835: 826: 820: 811: 805: 793:. Retrieved 789:the original 778: 766:. Retrieved 762:the original 748: 715: 711: 701: 692: 686: 674:. Retrieved 670: 640: 633: 589:, including 587:Malay States 576: 564: 548: 531: 515: 508:$ 21,866,142 505: 497: 490: 475: 439: 425: 406: 395: 391: 387: 364: 360: 348:William Wyon 321: 270: 263: 255: 235: 223: 220: 217: 213:Mexican peso 207:such as the 198: 194: 147: 100: 98: 67: 58: 39: 18: 1821:Half dollar 1816:Dollar sign 1759:Angus Bucks 1716:Petrodollar 1690:Niue dollar 1411:but renamed 1365:Samoan tālā 1268:Circulating 1196:Kijang Emas 928:(1845-1867) 567:Edward VIII 512:$ 1,329,052 260:Replacement 162:Philippines 158:East Indies 150:East Indies 53:introducing 1871:Categories 1711:Eurodollar 1704:Conceptual 1262:or similar 1254:Currencies 768:8 February 625:References 477:Edward VII 352:Royal Mint 296:vice versa 188:, and the 144:Background 36:references 1752:Fictional 1180:Tin ingot 1058:Malaysian 956:Location: 795:21 August 732:0032-3195 676:28 August 615:George VI 422:Banknotes 276:Singapore 268:in 1939. 239:shillings 551:George V 522:firm of 247:sterling 182:Kelantan 152:was the 1768:Private 1731:Virtual 1437:Defunct 988:Reason: 906:Reason: 868:Sources 740:2141152 549:During 413:⁄ 380:⁄ 370:⁄ 337:⁄ 327:⁄ 164:in the 131:History 49:improve 1877:Dollar 1836:Thaler 1259:dollar 1256:named 1066:Topics 971:Labuan 967:Brunei 935:Brunei 738:  730:  611:Brunei 609:, and 601:, the 591:Brunei 520:London 486:London 272:Brunei 170:Mexico 123:, and 121:Brunei 111:, the 38:, but 1841:Tolar 736:JSTOR 302:Coins 243:pence 241:four 797:2014 770:2014 728:ISSN 678:2023 452:and 290:and 274:and 224:The 184:and 174:Peru 172:and 99:The 720:doi 484:of 211:or 1873:: 969:, 965:, 961:, 937:, 756:. 734:. 726:. 716:21 714:. 710:. 669:. 650:^ 605:, 569:. 488:. 375:, 332:, 192:. 127:. 119:, 115:, 1246:e 1239:t 1232:v 1050:e 1043:t 1036:v 799:. 772:. 742:. 722:: 680:. 514:( 415:4 411:1 382:2 378:1 372:4 368:1 339:2 335:1 329:4 325:1 74:) 68:( 63:) 59:( 45:.

Index

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Straits Settlements
Federated Malay States
Unfederated Malay States
Kingdom of Sarawak
Brunei
British North Borneo

East Indies
Spanish dollar
East Indies
Philippines
Spanish East Indies
Mexico
Peru
Spanish colonial empire
Kelantan
Trengganu keping
Penang dollar
Spanish dollar
Spanish Empire
Philippine peso
Mexican peso
Board of Commissioners of Currency for the Straits Settlements

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