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The British North Borneo dollar was the
Coins were first minted in values of cent and 1 cent in copper, and later 1 cent, cents, and 5 cents in copper-nickel, and 25 cents in silver. Originally they were issued under the name "British North Borneo Co", as The British North Borneo Company had the right to produce coin under its Royal Charter granted in 1881. Later they were minted under "State of North Borneo", starting in 1903. All coins depicted the company/state coat of arms on the obverse and denomination on the reverse. These were last minted in 1941 and later phased out and replaced by coins of the
Global Financial Data currency histories table
Online Coin Club / Coins from North Borneo
{{Dollar British North Borneo Currencies of the British Empire Currencies of Malaysia Modern obsolete currencies Obsolete currencies in Malaysian history 1882 establishments in the British Empire 1953 disestablishments
currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins.
A more general ...
of British North Borneo
(I persevere and I achieve)
, national_anthem =
, capital = Kudat (1881–1884);Sandakan (1884–1945);Jesselton (1946)
, common_languages = English, Kadazan-Dusun, Bajau, Murut, Sabah Malay, Chinese etc.
, go ...
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 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 ...
), the currency of Malaya and 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, bor ...
, 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
The Malaya and British Borneo dollar ( ms, ringgit; ms, رڠڬيت, label=Jawi alphabet, Jawi, script=arab, italic=unset) was the currency of Federation of Malaya, Malaya, Singapore, Crown Colony of Sarawak, Sarawak, Crown Colony of North Bor ...
in 1953. Both coins and banknotes were issued by the British North Borneo Company
The North Borneo Chartered Company (NBCC), also known as the British North Borneo Company (BNBC) was a British chartered company formed on 1 November 1881 to administer and exploit the resources of North Borneo (present-day Sabah in Malaysia). ...
.
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).
Coins
Coins were first minted in values of cent and 1 cent in copper, and later 1 cent, cents, and 5 cents in copper-nickel, and 25 cents in silver. Originally they were issued under the name "British North Borneo Co", as The British North Borneo Company had the right to produce coin under its Royal Charter granted in 1881. Later they were minted under "State of North Borneo", starting in 1903. All coins depicted the company/state coat of arms on the obverse and denomination on the reverse. These were last minted in 1941 and later phased out and replaced by coins of the 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 ...
.
Banknote
Banknotes were printed in values of 25 cents, 50 cents, , , , and . The design of the banknotes did not change much during the currency's lifetime. However, their physical sizes tend to shrink over time. They either show the coat of arms,Mount Kinabalu
Mount Kinabalu ( ms, Gunung Kinabalu, Dusun: ''Gayo Ngaran or Nulu Nabalu'') is the highest mountain in Borneo and Malaysia. With an elevation of , it is third-highest peak of an island on Earth, and 20th most prominent mountain in the worl ...
, or both.
See also
*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 ...
* Postal orders of British North Borneo
Postal orders of British North Borneo were issued as British postal orders at various times prior to 1963, when it was ceded to become one of the states of Malaysia under the name of Sabah. Postal orders of British North Borneo are considered as ...
* Sarawak dollar
The dollar was the currency of the Raj 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 Malaya and Singapore, from its ...
References
* *External links
Global Financial Data currency histories table
Online Coin Club / Coins from North Borneo
{{Dollar British North Borneo Currencies of the British Empire Currencies of Malaysia Modern obsolete currencies Obsolete currencies in Malaysian history 1882 establishments in the British Empire 1953 disestablishments