The first $10,000 banknote of Orchid series issued by Monetary Authority of Singapore
Singapore first introduced its $10,000 banknote as the highest denomination of its Orchid series which was issued on 29 January 1973. The note has a dimension of 203 x 133 mm. It is one of the highest value currency in Asia. On its subsequent banknotes, the second (Bird) and third (Ship) series, this $10,000 banknote was continued to be introduced in 1980 and 1989.
The fourth series of $10,000 banknote was introduced on 9 September 1999. It was designed in gold color with the front features the portrait of Yusof Bin Ishak. The back features the future direction of Singapore economy, one of which is knowledge-based and technology-driven.
The forth series of Singapore banknote with the face value of $10,000 printed in gold color
We are now in the new era of technology, I sometimes wonder the effectiveness of the such high value note circulating in the market. Does anyone really use it to pay bills in exclusive shopping mall? The answer might not be favorable since we are all surrounded with the easiness of cheques, credit cards and online banking. Perhaps, it intended to give businessman an alternation to hold the real money instead of playing with only figures.