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Straits Dollar
The Straits dollar was the currency of the Straits Settlements from 1898 until 1939. At the same time, it was also used in the Federated Malay States, the Unfederated Malay States, Kingdom of Sarawak, Brunei, and British North Borneo. History In the early nineteenth century, the most common currency used in the East Indies was the Spanish dollar, including issues both from Spain and from the new world Spanish colonies, which for the East Indies emanated from the Philippines in the Spanish East Indies originating from Mexico and Peru as part of the Spanish colonial empire. Locally issued coinages included the Kelantan and Trengganu keping, and the Penang dollar. In 1826, the Indian rupee was made the sole official currency in the Straits Settlements, as it was administered as part of India. However, the Indian Rupee was unsuitable for trade and Spanish dollars continued to be used for trade. 1844 saw the authorization of copper coinage for the Straits Settlements ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Straits Settlements - 1935 - $1 Banknote (obverse)
A strait is an oceanic landform connecting two seas or two other large areas of water. The surface water generally flows at the same elevation on both sides and through the strait in either direction. Most commonly, it is a narrow ocean channel that lies between two land masses. Some straits are not navigable, for example because they are either too narrow or too shallow, or because of an unnavigable reef or archipelago. Straits are also known to be loci for sediment accumulation. Usually, sand-size deposits occur on both the two opposite strait exits, forming subaqueous fans or deltas. Terminology The terms '' channel'', ''pass'', or ''passage'' can be synonymous and used interchangeably with ''strait'', although each is sometimes differentiated with varying senses. In Scotland, ''firth'' or ''Kyle'' are also sometimes used as synonyms for strait. Many straits are economically important. Straits can be important shipping routes and wars have been fought for control o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trengganu Keping
The keping was the currency of Trengganu until 1909 when it was replaced by the Straits dollar. It was subdivided into 10 ''pitis''. Coins were issued in denominations of 1 pitis (tin), 1 keping (copper) and 10 keping (tin). See also * Kelantan keping The keping was the currency of Kelantan until 1909 when it was replaced by the Straits dollar. It was subdivided into 10 ''pitis''. Coins were struck in tin in denominations of 1 pitis (holed), 1 and 10 keping. One piti coins were made from tin ... References Obsolete currencies in Malaysian history History of Terengganu British Malaya Modern obsolete currencies 1909 disestablishments in Asia 1900s disestablishments in Southeast Asia {{Money-unit-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brunei Dollar
The Brunei dollar ( sign: B$, Malay: ''ringgit Brunei'', currency code: ''BND''), has been the currency of the Sultanate of Brunei since 1967. It is normally abbreviated with the dollar sign $, or alternatively B$ to distinguish it from other dollar-denominated currencies. It is divided into 100 ''sen'' (Malay) or '' cents'' (English). The Brunei dollar is issued by the Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam). Under a Currency Interchangeability Agreement in 1967, the Brunei dollar is interchangeable with the Singapore dollar at par. As such, the Brunei dollar is accepted in Singapore as "customary tender"; likewise, the Singapore dollar is accepted in Brunei. History Early currency in Brunei included cowrie shells. Brunei is also famous for its bronze teapots, which were used as currency in barter trade along the coast of northern Borneo. The Spanish-American silver dollar brought over by the Manila galleons was in wide use for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brunei–Singapore Relations
Brunei and Singapore established diplomatic relations in 1984. Brunei has a high commission in Singapore, and Singapore has a high commission in Bandar Seri Begawan. Brunei and Singapore have close and friendly relations with extensive defence co-operation.Omar, A. M. (2014). How Singapore and Brunei Became Friends. The AMO Times, 15. Both countries are members of ASEAN and Commonwealth of Nations. History The official relations between the two countries were established in 1984. In 2012, His Majesty the Sultan of Brunei Hassanal Bolkiah attended the 3rd Singapore Airshow and met the current Prime Minister Lee Hsien Loong and the former Prime Minister Lee Kuan Yew, while Teo Chee Hean visited Brunei the same year. Economic and monetary relations Several memorandum of understanding have been signed and there is a Currency Interchangeability Agreement between the two countries which makes both Brunei dollar and Singapore dollar banknotes and coins legal tender in either c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malayan Dollar
The Malayan dollar ( Malay: ''ringgit'', Jawi: رڠڬيت) was the currency of the British colonies and protectorates in Malaya and Brunei until 1953. It was introduced in 1939, replacing the Straits dollar at par, with 1 dollar = two shillings four pence sterling (60 dollars = 7 pounds). History Board of Commissioners of Currency, Malaya formed The Malayan dollar was issued by the Board of Commissioners of Currency, Malaya, with a hiatus during the Japanese occupation (1942–1945). The Board of Commissioners of Currency, Malaya, came into being in October 1938 following the Blackett Report which recommended that the sole power of issuing currency for the various Malay States, including Brunei, and the Straits Settlements should be entrusted to a pan-Malayan Currency Commission. Sir Basil Phillott Blackett was appointed in 1933 by the Secretary of State for the Colonies to lead a commission to consider the participation of the various Malay States, including Brunei, in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pence
A penny is a coin ( pennies) or a unit of currency (pl. pence) in various countries. Borrowed from the Carolingian denarius (hence its former abbreviation d.), it is usually the smallest denomination within a currency system. Presently, it is the formal name of the British penny ( p) and the ''de facto'' name of the American one-cent coin (abbr. ¢) as well as the informal Irish designation of the 1 cent euro coin (abbr. c). It is the informal name of the cent unit of account in Canada, although one-cent coins are no longer minted there. The name is used in reference to various historical currencies, also derived from the Carolingian system, such as the French denier and the German pfennig. It may also be informally used to refer to any similar smallest-denomination coin, such as the euro cent or Chinese fen. The Carolingian penny was originally a 0.940-fine silver coin, weighing pound. It was adopted by Offa of Mercia and other English kings and remain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shilling
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoenic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexican Peso
The Mexican peso ( symbol: $; code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 16th–19th century Spanish dollar, most continuing to use its sign, "$". The current ISO 4217 code for the peso is ''MXN''; prior to the 1993 revaluation, the code ''MXP'' was used. The peso is subdivided into 100 , represented by " ¢". The Mexican peso is the 15th most traded currency in the world, the third most traded currency from the Americas (after the United States dollar and Canadian dollar), and the most traded currency from Latin America. , the peso's exchange rate was $20.50 per euro, $19.80 per U.S. dollar, and $15.50 per Canadian dollar. History Etymology The name was first used in reference to ('gold weights') or ('silver weights'). The Spanish word means 'weight'. Compare the British pound sterling. Other countries that use are Argentina, Chile, Colombia, Cuba, Dominican Republic, the Philippines, and Uruguay. R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Peso
The Philippine peso, also referred to by its Tagalog name ''piso'' (Philippine English: , , plural pesos; tl, piso ; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 ''sentimo'', also called centavos. The Philippine peso sign is denoted by the symbol "₱", introduced under American rule in place of the original peso sign "$" used throughout Spanish America. Alternative symbols used are "PHP", "PhP", "Php", or just "P". The monetary policy of the Philippines is conducted by the Bangko Sentral ng Pilipinas (BSP), established on July 3, 1993, as its central bank. It produces the country's banknotes and coins at its Security Plant Complex, which is set to move to New Clark City in Capas, Tarlac."Overview of the BSP" Bangko Sentral ng Pilipinas (BSP) Official Website. Retrieved on Octobe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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