Malaya and British Borneo dollar Totally Explained

Everything about Malaya And British Borneo Dollar totally explained

First Type of $1 Note Although these notes bear the date 1 March 1959, they were not released to the public until 1 June 1959. They were printed by Waterlow & Sons Ltd., on paper that corporated a broken gold security thread on the right and a Malayan tiger's head watermark in centre. Second Type of $1 Note It was exactly similar in design and bore the same date, but the colour varied slightly from the first issue. By the Malaya and British Borneo Currency Agreement of 1960, which came into force on 1 January 1961, the Federation of Malayawas given increased representation on the Currency Board. it was agreed that the Federation should nominate two members, one of whom would be the Chairman; and the other four participating governments. The Federation of Malaya and Singapore representatives had 3 votes each, and each of the other members had one vote. Under the new agreement, the powers previously exercised by the British Secretary of State for the Colonies were vested in the newly constituted Board.
The next note, although it was dated 1 march 1961, but not put into circulation until 28 August 1961. It was printed by Thomas de la Rue & Co. Ltd.,and for the first time incorporated 2 security threads; one the normal broken gold thread slightly to the right of centre of the note, and the other a line of unbroken metallic thread closer to the right hand edge. the two security threads were set about 1¼ inches apart from each other.
Note that this coloring theme still live on in today's three successor currencies.

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