Wednesday, January 23, 2008

Bank Negara Releases 4th Series of RM50 New Banknote

On 21st December 2007, Bank Negara Malaysia (Central Bank Malaysia) has announced the issuance of a new-design banknote in denomination of 50 ringgit as the first denomination of the country's Fourth Series of currency notes which will replace its existing series in stages. This new banknote retains the predominant color of green-blue. The main theme of the design is the country's National Mission where the first thrust is "to move the economy up the value chain" which reflects Malaysia's economic transformation to the higher value-added activities in the agriculture, manufacturing and services sectors of the economy.

According to Bank Negara Malaysia, the first 50 million pieces of the new banknote features Malaysia's first Prime Minister Tunku Abdul Rahman Putra Al-Haj at the historic declaration of Malaya's independence and the logo of the 50th Anniversary of Independence on the reverse side.

The Front features the portrait of the first Seri Paduka Baginda Yang di-Pertuan Agong, Tuanku Abdul Rahman ibni Tuanku Muhammad, on the right and the national flower hibiscus is in the centre on the front of this new banknote. Design patterns from songket weaving, which are in the background and edges of the banknote, are featured to reflect the traditional Malaysian textile handicraft and embroidery.

The Back features Malaysia's first Prime Minister, Tunku Abdul Rahman Putra Al-Haj at the historic declaration of Malaya's independence in 1957 and the logo of the 50th Anniversary of Independence on the upper right corner. It also features the oil plam as one of the main contributing sectors in agriculture.

This series of RM50 banknotes have incorporated the following security features:

* The Watermark Portrait can be recognised by tints that are lighter or darker than the surrounding paper. This watermark portrait which has a three-dimensional effect appears without sharp outlines. At the base of the watermark, the numeral 50 is clearly visible.

* The Security Thread is embedded in the paper and appears on the reverse side of the note as a silver coloured dotted line. When the note is held against the light, it is seen as a continuous dark coloured line and the repeated text BNM RM50 can be read. When viewed under ultra-violet light, the thread is seen in various changing colours known as the "rainbow effect".

* Micro-Letterings of "BNM RM50" which can be viewed under a magnifying glass.

* Invisible Fluorescent Elements can be seen through various elements of the background on the obverse and reverse side of the banknote and will fluoresce in different colours when viewed under ultra-violet light.

* Perfect See-Through Register feature where the graphic songket design on the obverse side of the note will register perfectly with the same graphic songket design on the reverse side when it is held against the light.

* Multicolour Latent Image of the denomination 50 can be seen when the banknote is tilted slightly and the colour changes when it is rotated.

* Holographic Stripe features the denomination 50 and the hibiscus flower, with a multi-coloured pumping and matt-structure effect.

* Hidden image with moiré effect where certain areas of the design appearance will change when the banknote is copied.


Jack Hoo said...

This RM50 of 4th Series was issued in two stages. The first launch was 20,000 copy together with special folder. The series number starts from AA0000001 to AA0020000. The following issuance for normal circulation is from AA0020001 onwards. Of course the earlier has about 3.8 times value of the later.

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