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Item Information : Banknote

 

Malaysia RM1 Ali Abul Hassan

 
Preliminary
Normal
Obverse
BANK NEGARA MALAYSIA WANG KERTAS INI SAH DIPERLAKUKAN DENGAN NILAI SATU RINGGIT
Reverse
بڠك نڬارا مليسيا ساتو ريڠڬيت
Face Value / Denomination
1 Malaysian Ringgit
Country
Malaysia
Ruler / Governor
Ali Abul Hassan
Issued Date/Year
2000 CE
Printer
Canadian Bank Note Company
Width Height
120 mm 65 mm
Quality
Very Fine
Paper Condition
Dirt  
Item Type
Paper - Circulation

Catalog Information

B55 - Malaysia, Brunei & Singapore Banknotes & Coins (K.N. Boon)
M81.D - Standard Stamp Catalog of Malaysia, Singapore & Brunei
P39A - The Banknote Book : Malaysia




 

Malaysia RM1 Ali Abul Hassan

 

Canonical URL for Sharing

 
http://www.exonumi.com/?id=1.25.BN.a5604

Photos

 
 

Details

 
The notes only exist with CR prefix. It was believed to be unissued in circulation, despite the notes can be found in usage today. Every one ringgit prefix consists of 10 million notes, but, for this special CR prefix, the serial numbers only exist in the range from 720xxxx to 724xxxx, it is assumed there are only around 40 to 50 thousand notes.

Script

بڠك نڬارا مليسيا ساتو ريڠڬيت
In Jawi (Malay-styled-Arabic characters, read from right to left)
= Bank Negara Malaysia Satu Ringgit (Malay)
= Central Bank of Malaysia One Ringgit (English)

Theme and Motifs

The theme of the new series, "Wawasan 2020" reflects Malaysia's economic development and accomplishment towards achieving the status of a fully developed country. The main focus reflected in the background motif is the tourism sector. This is depicted with an illustration of a Malaysian kite, the beach, Mount Kinabalu and the pinnacles of Gunung Api located in Mulu National Park. This motif also reflects some off the popular tourist destinations in the country. As with the other denominations of the same series, the new RM1 note will also bear RM as the currency symbol for the Malaysian Ringgit.

The security features of the RM1 denomination are highlighted in this website as a guide to the public. These features include the security thread with the repeated "BNM RM1" text, three-dimensional watermark portrait, anticopy feature known as "PEAK" and security fibres in the paper. The new RM1 note retains the predominant blue colour of the existing RM1 note design. The intaglio (raised printing) portrait of the First Seri Paduka Baginda Yang di-Pertuan Agong is retained as a dominant feature. 

Rarity Information

The RM1 notes printed bear the signature of the previous Central Bank governor Tan Sri Ali Abul Hassan bin Sulaiman. These notes supposedly was not introduced to circulation due to Tan Sri Dr. Zeti Akhtar Aziz, whom assumed office on May 1st, 2000, thus, the Central Bank has introduced the new RM1 note that bears the sign of the incumbent governor (Dr Zeti Aziz).

During the governorship transitioning, from Ali Abul Hassan to Zeti Aziz, it was believed that BNM's branch in Penang was late in receiving instruction to recall and cancel the notes distribution.
 
The notes was believed to be inadvertly released by a bank in Bukit Mertajam (Penang). As Dr. Zeti Aziz has assumed office at that time, it was presumed to be inappropriate to circulate banknotes of whom the signature bearer was no longer in office. Therefore, the banknotes were largely found in circulation in the northern parts of the Peninsula, specifically in Kedah and Penang.

The notes signed by Ali Abul Hassan that were recalled, were replaced with prefix ZB.

However, this information needs to be sourced and verified.

Tan Sri Ali Abul Hassan Sulaiman (1998 – 2000)
 
Tan Sri Ali Abul Hassan took over as the sixth governor during the height of the Asian financial crisis in 1998. During his tenure, he adopted a proactive and business-friendly policy to revive the economy.
 
His main focus was to improve Malaysia’s economy with specific initiatives to stimulate domestic and foreign investments.
 
During his time, Ali Abul Hassan steered Bank Negara to greater heights, particularly in working hand-in-hand with other government agencies, to bring the economy back to shape.
 
Ali Abul Hassan retired in May 2000 and was appointed special economic adviser in following year to then Prime Minister Tun Dr Mahathir Mohamad.
 


Myth - Ringgit Aishah

There was this myth circulated that the banknote was signed by the 11-th Supreme Head of State's consort, Permaisuri Siti Aishah Abdul Rahman 26 April 1999 – 21 November 2001, the Queen of the late Sultan Salahuddin Abdul Aziz Shah. 

The idea must have come from the the look of the sign on note that remarkably looks so much alike to "Aishah".

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10-July-2012 09:38:01 PM Viewed 3623 times.
Last Updated on 12-February-2014 06:24:01 AM
 
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