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One Straits one dollar banknote from 1935 One Straits one cent coin from 1920. The Straits dollar was the currency of the Straits Settlements from 1898 until 1939. [1] 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.
The Japanese dollar was in widespread use within the occupied territories where the previous currency became scarce. The currency were referred to as "dollars" and "cents" like its predecessors, the Straits dollar, Malayan dollar, Sarawak dollar and British North Borneo dollar.
The British trade dollar was designed by George William De Saulles and minted from 1895 for Hong Kong and the Straits Settlements. But after the Straits dollar was introduced to the Straits Settlements in 1903, it became exclusively a Hong Kong coin produced until 1935.
The Straits Settlements were a group of British territories located in Southeast Asia. Originally established in 1826 as part of the territories controlled by the British East India Company , the Straits Settlements came under control of the British Raj in 1858 and then under direct British control as a Crown colony in 1867.
One Sarawak dollar, 1935. The Sarawak dollar was first issued in 1858 and remained at par with the Straits dollar. Different notes were issued by the Sarawak Government Treasury, the earliest notes using English, Jawi and Chinese characters. From the 1880s, the notes' background featured the Rajah's portrait and coat of arms. [132]
The Penang High Court Building has a history dating back to the 1900s. The present Palladian-style courthouse, designed by John Henry McCallum, the Surveyor-General of the Straits Settlements, was inaugurated in 1903. [7] Its construction cost $206,678 (Straits dollar).
The Straits dollar adopted a gold exchange standard in 1906 after it had been forced to rise in value against other silver dollars in the region. Hence, by 1935, when China and Hong Kong came off the silver standard, the Straits dollar was worth 2s 4d (11.5p approx) sterling, whereas the Hong Kong dollar was worth only 1s 3d sterling (6p approx).
On display at the British Museum in London. The Spanish-American silver dollar brought over by the Manila galleons was in wide circulation in Asia and the Americas from the 16th to 19th centuries. From 1845 to 1945 the Straits Settlements (of which Singapore used to be part) issued its local equivalent, the Straits dollar. [3]