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British North Borneo dollar

 

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British North Borneo dollar



 
 
The British North Borneo dollar was the currency
Currency

A currency is a Medium of exchange, facilitating the trade of goods and/or Service s. It is coins and paper bills used as money. It is one form of money, where money is anything that serves as a medium of exchange, a store of value, and a standard of value....
 of British North Borneo from 1882 to 1953. It was subdivided into 100 cents. The dollar had remained at par with the Straits dollar
Straits dollar

The Straits dollar was the currency used in the United Kingdom colonies and protectorates in British Malaya and Borneo, including the Straits Settlements until 1939....
 (and its successor the Malayan dollar
Malayan dollar

File:Front One Malayan Dollar 1941.jpgThe dollar was the currency of the United Kingdom colonies and protectorates in British Malaya and Brunei until 1953....
), the currency of Malaya
British Malaya

British Malaya loosely described a set of states on the Malay Peninsula that were colonized by the United Kingdom from the 18th and the 19th until the 20th century....
 and Singapore
Singapore

Singapore , officially the Republic of Singapore, is an island country microstate located at the southern tip of the Malay Peninsula. It lies 137 kilometres north of the equator, south of the Malaysian state of Johor and north of Indonesia's Riau Islands....
, at the value of one dollar to 2 shilling
Shilling

The shilling is a unit of currency used in current and former Commonwealth of Nations countries, and continued to be used in countries that left the commonwealth, such as Republic of Ireland and Tanzania....
s 4 pence
Penny

A penny is a coin or a unit of currency used in several English-speaking countries....
 sterling
Sterling

Sterling may refer to:* Sterling College , a college in Sterling, Kansas, USA* Sterling College , a small college in northern Vermont, USA* Sterling silver, a grade of silver...
 from its introduction until both currencies were replaced by the Malaya and British Borneo dollar
Malaya and British Borneo dollar

The Malaya and British Borneo dollar was the currency of Federation of Malaya, Singapore, Sarawak, British North Borneo and Brunei from 1953 to 1967....
 in 1953. Both coins and banknotes are issued by the British North Borneo Company
British North Borneo Company

The North Borneo Chartered Company or British North Borneo Company was a chartered company assigned to administer British North Borneo in August 1881....
.

During the Japanese occupation period (1942-1945), paper money was issued in denominations ranging from 1 cent to 1000 dollars.






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The British North Borneo dollar was the currency
Currency

A currency is a Medium of exchange, facilitating the trade of goods and/or Service s. It is coins and paper bills used as money. It is one form of money, where money is anything that serves as a medium of exchange, a store of value, and a standard of value....
 of British North Borneo from 1882 to 1953. It was subdivided into 100 cents. The dollar had remained at par with the Straits dollar
Straits dollar

The Straits dollar was the currency used in the United Kingdom colonies and protectorates in British Malaya and Borneo, including the Straits Settlements until 1939....
 (and its successor the Malayan dollar
Malayan dollar

File:Front One Malayan Dollar 1941.jpgThe dollar was the currency of the United Kingdom colonies and protectorates in British Malaya and Brunei until 1953....
), the currency of Malaya
British Malaya

British Malaya loosely described a set of states on the Malay Peninsula that were colonized by the United Kingdom from the 18th and the 19th until the 20th century....
 and Singapore
Singapore

Singapore , officially the Republic of Singapore, is an island country microstate located at the southern tip of the Malay Peninsula. It lies 137 kilometres north of the equator, south of the Malaysian state of Johor and north of Indonesia's Riau Islands....
, at the value of one dollar to 2 shilling
Shilling

The shilling is a unit of currency used in current and former Commonwealth of Nations countries, and continued to be used in countries that left the commonwealth, such as Republic of Ireland and Tanzania....
s 4 pence
Penny

A penny is a coin or a unit of currency used in several English-speaking countries....
 sterling
Sterling

Sterling may refer to:* Sterling College , a college in Sterling, Kansas, USA* Sterling College , a small college in northern Vermont, USA* Sterling silver, a grade of silver...
 from its introduction until both currencies were replaced by the Malaya and British Borneo dollar
Malaya and British Borneo dollar

The Malaya and British Borneo dollar was the currency of Federation of Malaya, Singapore, Sarawak, British North Borneo and Brunei from 1953 to 1967....
 in 1953. Both coins and banknotes are issued by the British North Borneo Company
British North Borneo Company

The North Borneo Chartered Company or British North Borneo Company was a chartered company assigned to administer British North Borneo in August 1881....
.

During the Japanese occupation period (1942-1945), paper money was issued in denominations ranging from 1 cent to 1000 dollars. This currency was fixed at 1 dollar = 1 Japanese yen
Japanese yen

The is the currency of Japan. It is the third most-traded currency in the forex after the euro and the United States dollar. It is also widely used as a reserve currency after the U.S....
, compared to a 1:2 pre-war rate. Following the war, the Japanese occupation currency was declared worthless and the previous issues of the British North Borneo dollar regained their value relative to sterling (two shilling
Shilling

The shilling is a unit of currency used in current and former Commonwealth of Nations countries, and continued to be used in countries that left the commonwealth, such as Republic of Ireland and Tanzania....
s four pence
Penny

A penny is a coin or a unit of currency used in several English-speaking countries....
).

Coins

Throughout its history, coins were minted in values of ½ cent, 1 cent, 2½ cents, 5 cents, and 25 cents. Only the 25 cent coin contains precious metal
Precious metal

A precious metal is a rare metallic chemical element of high economics value. Chemically, the precious metals are less reactivity than most elements, have high lustre , are softer or more ductility, and have higher melting points than other metals....
.

Banknotes

Banknotes were printed in values of 25 cents, 50 cents, $1, $5, $10, and $25. The design of the banknotes did not change much during the currency's life time. However, their physical sizes tend to shrink over time. They either show the coat of arms, Mount Kinabalu
Mount Kinabalu

Mount Kinabalu is a prominent mountain in Southeast Asia. It is located in Kinabalu National Park in the east Malaysian state of Sabah, which is on the island of Borneo in the tropics....
, or both.

See also

  • Malayan dollar
    Malayan dollar

    File:Front One Malayan Dollar 1941.jpgThe dollar was the currency of the United Kingdom colonies and protectorates in British Malaya and Brunei until 1953....
  • Sarawak dollar
    Sarawak dollar

    The dollar was the currency of Sarawak from 1858 to 1953. It was subdivided into 100 cents. The dollar remained at par with the Straits dollar and its successor the Malayan dollar, the currency of British Malaya and Singapore, from its introduction until both currencies were replaced by the Malaya and British Borneo dollar in 1953....


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