Wednesday, December 17, 2008

Brunei Commemorative Banknote - 25th Anniversary Of Accession To The Throne

This commemorative note was issued in October 1992 to commemorate the Silver Jubilee of 25th Anniversary of His Majesty Sultan Hassanal Bolkiah, Yang Di-Pertuan Agong of Negara Brunei Darussalam, accession to the throne. The background designs and ornamentation of this commemorative note were inspired by the traditional Malay and Muslim decorative art motives. This commemorative note was issued as one of Third Series notes and is legal tender.

The front features the Portrait of His Majesty Sultan Hassanal Bolkiah and the back features the ceremony of Sultan Accession to the throne.

Brunei - 4th Series Banknotes

The fourth series of Brunei Darussalam banknotes consist of polymer and paper notes. Brunei is one of the earliest countries in Asia adopts the polymer currency notes. In 1996 a brand new fourth series was introduced by the Brunei Currency Board. This series consists of six denomination. Three lower denominations i.e. $1, $5 and $10 were released in polymer notes while the higher denominations such as $50, $100 and $500 remain as paper notes.

The front of the polymer notes feature the portrait of His Majesty Sultan Hassanal Bolkiah. The back of these notes feature the scenery of rain forest in Brunei Darussalam. The front of the paper notes remain the feature of King portrait and the backs feature various development of the country.







Brunei - 3rd Series Banknotes

The Third Series of Brunei Darussalam banknotes were issued by Brunei Currency Board in 1989. The series of notes consist of 8 denomination i.e. $1, $5, $10, $50, $100, $500, $1000 and $10000. It is the first post independence series of banknotes after Brunei became independence in year 1984.

The front feature the portrait of His Majesty Sultan Hassanal Bolkiah, the Yang Di-Pertuan of Brunei Daussalam. The back of these series notes feature scenery views of Bandar Sri Begawan, capital city of Brunei Darussalam.

One of the major changes from the previous two series is that this series has replaced the name of Kerajaan Brunei (Government of Brunei) to Negara Brunei Darussalam.







Saturday, December 13, 2008

Asia Banknote - Water Buffalo Ploughing the Paddy Field

Half century ago, most of the Southeast Asia countries were very much depending on the agriculture activities such as growing rice, fishing, hunting etc to develop their country economy. Among all the agriculture activities, growing rice in the paddy field was considered as one of the most significant activities to Asian countries. This is simply because rice is the main food or staple food for most Asian.

Water buffalo is used to plough the paddy filed

Traditionally, farmers used the conventional technique to run the paddy field. Water buffalo was commonly used to help to plough the muddy paddy field because of its nature habitat that adapted so much to the wetland condition.

Therefore, we can see many of the earlier Southeast Asian banknotes depict this important agriculture activity. Indeed, this is a milestone to many developing Asian countries before advancing themselves with the modern technology. Even though nowadays the water buffalo is not common to be used to plough the paddy field, but occasionally it still can be seen in certain rural areas across Asian countries.

Most of these banknotes that depicted this agriculture activity were issued in 1950-an to early 1970-an. Malaya & British Borneo, Cambodia, Burma, Laos, Vietnam and Indonesia are among the Southeast Asian countries that used this significant activity as part of their banknote theme.

Malaya & British Borneo Banknote issued in 1961

Cambodian banknote issued in 1956

Laos banknote issued in 1957

Burma banknote issued in 1958

Vietnam banknote issued with 1972

Indonesia banknote issued in 1975

Currency of Southeast Asia

Every Southeast Asian country has its own currency. The exchange rate for its currency is different from one to another. However, Brunei and Singapore are exception because their currencies are pegged under the Currency Interchangeability Agreement between both countries.

Indonesia and Vietnam are the two countries which have the highest denominations on its banknote face value. On the other hand, Brunei and Singapore have the best exchange rate against US Dollars compare to the rest of Southeast Asian currency. Let's have a brief understanding on each country currency.

Map of Southeast Asia

The currency of Brunei is Brunei Dollar and denoted by BND or dollar sign $. One Brunei dollar is divided into 100 Cent. Brunei Dollar also known as Ringgit and Sen in Malay.

The currency of Cambodia is Riel and denoted by KHR. One Riel is subdivided into 10 Kak or 100 Cent.

The currency of Indonesia is Rupiah and denoted by IDR or Rp. One Rupiah is subdivided into 100 Sen.

The currency of Laos is Kip and denoted by LAK or with sign of ₭ or ₭N. One Kip is subdivided into 100 Att.

The currency of Malaysia is Ringgit and denoted by MYR or RM. One Ringgit is subdivided in 100 Sen.

Myanmar (Burma)
The currency of Myanmar is Kyat and denoted by MMK or often known as K. One Kyat is subdivided into 100 Pya.

The currency of Philippines is Peso and denoted by PHP. One Peso is subdivided into 100 Centavos or Sentimo in the language of Spanish or Filipino.

The currency of Singapore is Singapore Dollar and denoted by SGD or with dollar sign $ or S$. One Dollar is subdivided into 100 Cent.

The currency of Thailand is Baht and denoted by THB or depict in sign of ฿. One Baht is subdivided into 100 Satang.

The currency of Vietnam is Dong and denoted by VND. One Dong is subdivided into 10 hào.

Monday, December 8, 2008

Thai Banknote - 14th Series

The theme of this 14th Series of Thai banknote intends to promote the contribution of the Chakri Dynasty Kings on the development of the country through various sectors or activities i.e. agriculture, education, religion and literary works. The Chakri Dynasty has ruled Thailand since the founding of King Rama I in 1782 until King Rama IX (current).

Three denominations were introduced in this series. They are issued in 100 Baht, 500 Baht and 1000 Baht. The reserve of these notes depict the great rulers of Thailand during the Chakri Dynasty.

This 100 Baht note was issued on 20 October 1994. The front features the the portrait of King Rama IX, King Bhumibol Adulyadej. The back feature the statue of King Rama V and VI, King Chulalongarn and King Vachirawut

This 500 Baht note was issued on 3 April 1996. The front features the the portrait of King Rama IX, King Bhumibol Adulyadej. The back features the King Rama I and II, King Phra Putayodfa and King Phra Putalertla Napalai

This 1000 Baht note was issued on 10 August 1992. The front features the the portrait of King Rama IX, King Bhumibol Adulyadej. The back features the King Rama IX and Queen Sirikit on the background of the country development activities.

Thai Banknote - 13th Series

Inherited from the 12th Series, the 13th Series of Thai banknote consists of two denominations i.e. 50 Baht and 500 Baht. In conjunction of the the Bicentennial Celebration of Bangkok city in 1982, these notes adopted the theme of the vignettes of significant historical events of Bangkok city on the reverse side of the notes.

Despite the celebration was held in 1982, these notes were only issued in 1985 due to insufficient printing capacity.

This 50 Baht note was issued by Bank of Thailand on 20th September 1985. The front features the portrait of King Rama IX and the back features the picture of Statue of King Prachatipok (King Rama VII)

This 500 Baht note was issued by Bank of Thailand on 5th November 1987. The front features the portrait of King Rama IX and the back features the picture of Statue of King Phra Putayodfa Julalok (King Rama I)

Saturday, November 29, 2008

Cambodia - Kingdom of Cambodia Series (1955) Banknote

The National Bank of Cambodia was established in 1954. The first ever banknote issued by the Cambodian bank was in 1955. This series of banknote consists of four denominations i.e. 1 Riel, 5 Riel, 10 Riel and 50 Riel. Riel is an official currency of Cambodia and it is denoted by KHR.

It is noted that the "Banque Nationale Du Cambodge" was printed at the reverse of the note. Indeed, this is a French words which mean The National Bank of Cambodia. The Cambodian was once under the French colonial until it achieved its Independence in 1953.

The pattern and design of 50 Riel was similar to the notes issued by the Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam, a French Indochina currency (Piastres) commonly used in Cambodia, Loas and Vietnam during the French colonial.

1 Riel

5 Riel

10 Riel

50 Riel