New RM50 note from Jan 30

Saturday December 22, 2007

KUALA LUMPUR: The RM50 note gets a makeover with enhanced anti-forgery security features and a design theme reflecting how far Malaysia has moved up the economic value chain after 50 years of independence.

The illustrations on the note include oil palm trees and microbiology technology, representing Malaysia’s economic transformation to the higher value-added activities in the agricultural, manufacturing, services and other sectors.

The front retains the portrait of the first king, Tuanku Abdul Rahman Tuanku Muhammad, on the right. The national hibiscus flower is in the centre.

Songket patterns frame the background and edges of the note to reflect traditional Malaysian textile handicraft and embroidery.

Bank Negara employee Lim Hsin Ying showing the new RM50 note. The issuance of the new RM50 notes also commemorates Malaysia 50th independence anniversary.

On the back, first Prime Minister Tunku Abdul Rahman is featured raising his hand in proud declaration of Merdeka! There is the logo of the 50th Independence anniversary as well.

Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz presented the new RM50 to Prime Minister Datuk Seri Abdullah Ahmad Badawi yesterday. The note bore the serial number AA 0000009.

“This is yet another symbol of the economic success, national stability and prosperity of the nation. God willing, we will continue the success into the next 50 years,” said Abdullah at the TUDM air base before flying off to Kelantan.

The new notes will be available from Jan 30 next year.

Bank Negara has prepared commemorative special packaging for 20,000 of the notes.

Each will cost RM60 and will be available from Dec 26 at the headquarters and branches in Penang, Johor Baru, Kuala Terengganu, Kota Kinabalu and Kuching.

Dr Zeti said the current RM50 notes would continue to be legal tender even with the introduction of the new notes, adding that they would be phased out in a few years.