Bank Negara Malaysia (BNM) today issued the new design RM50 banknote incorporating various modern and innovative security features principally aimed at deterring counterfeiting.
“This new design of RM50 banknote is the first denomination of the Fourth Series of Malaysian currency notes which will be replacing the existing series in stages,” the central bank said in a statement here.
It said the existing RM50 banknote design series would continue to remain legal tender and would co-circulate with the new RM50 banknotes as the former are gradually phased out.
No time limit had been set on the duration of co-circulation, it added.
The earlier new design of RM50 banknote was issued in December 2007 to commemorate Malaysia’s 50th Anniversary of Independence. This current series will no longer have the logo of the country’s golden jubilee celebrations.
The enhanced security features incorporated in the new RM50 banknote design include the colour shifting security thread which replaces the existing security thread and is embedded in the paper.
The thread appears on the reverse side of the note as coloured intermittent lines. When held against light, it is seen as a continuous dark coloured line and the repeated text of BNM RM50 can be read.
When the note is tilted, the colour of the thread changes from red to green and vice versa.
Under ultra-violet light, the repeated text of BNM RM50 will fluoresce yellow and the thread is seen as a continuous fluorescent yellow line when the banknote is viewed from the obverse.
The two-coloured fluorescent elements is an additional invisible printed feature on the reverse of the note. Under ultra-violet light, a complex design two-colour numeral 50 will fluoresce.