British North Borneo dollar
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The British North Borneo dollar was the currency of British North Borneo from 1882 to 1953. It was subdivided into 100 cents. The dollar had remained at par with the Straits dollar (and its successor the Malayan dollar), the currency of Malaya and Singapore, at the value of one dollar to 2 shillings 4 pence sterling from its introduction until both currencies were replaced by the Malaya and British Borneo dollar in 1953. Both coins and banknotes are issued by the British North Borneo Company.
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, 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 shillings four pence).
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[edit] 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.
[edit] 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, or both.
[edit] See also
[edit] References
- Albert Pick (1996). Neil Shafer, George S. Cuhaj, Colin R. Bruce II (editors): Standard Catalog of World Paper Money: General Issues to 1960, 8th ed., Krause Publications. ISBN 0-87341-469-1.
- (2003) Chester L. Krause, Cliffor Mischler, Colin R. Bruce II, et al. (editors): 2004 Standard Catalog of World Coins: 1901-present, 31st ed., Krause Publications. ISBN 0-87349-593-4.
[edit] External links
| Preceded by: No modern predecessor |
Currency of British North Borneo 1882 – 1942 Note: had been at par with Straits dollar, and Malayan dollar after 1939 |
Succeeded by: Japanese occupation Malayan dollar Location: present day Malaysia, Singapore, Brunei Reason: Japanese occupation Ratio: at par Note: The Japanese allowed the former currencies to circulate, but they were in practice hoarded as a more reliable store of value. |
| Preceded by: Japanese occupation Malayan dollar Location: present day Malaysia, Singapore, Brunei Reason: Japan lost World War II Ratio: The occupation currency became worthless. The value of the pre-occupation currency was restored. |
Currency of British North Borneo 1945 – 1953 Note: had been at par with Malayan dollar |
Succeeded by: Malaya and British Borneo dollar Reason: creation of a common Board of Commissioners of Currency Ratio: at par, or 60 dollars = 7 British pounds |
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Sabah |  |
|---|---|---|
| Divisions: Interior Division | Kudat Division | Sandakan Division | Tawau Division | West Coast Division | ||
| City: Kota Kinabalu | ||
| Towns: Beaufort | Beluran | Inanam | Keningau | Kinabatangan | Kuala Penyu | Kota Belud | Kota Marudu | Kudat | Kunak | Kundasang | Lahad Datu | Nabawan | Papar | Penampang | Pitas | Ranau | Sandakan | Semporna | Sipitang | Tambunan | Tamparuli | Tawau | Tenom | Tuaran | ||
| Islands: Banggi Island | Gaya Island | Layang Layang Island | Ligitan Island | Sebatik Island | Sipadan Island | ||
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