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The Straits dollar was the currency of the Straits Settlements from 1898 until 1939. 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 United States trade dollar is a silver (fineness of .900 or 90%) dollar coin that was issued by the United States Mint and minted in Philadelphia, Pennsylvania, Carson City, and San Francisco from 1873 to 1885.
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When did the Straits dollar become a currency?
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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).
In 1903, the currency board introduced the Straits dollar with the same weight and fineness as the existing British dollar, while the British, Mexican and other silver dollars were demonetised.17 The Straits dollar was also exchangeable with the British sterling at a fixed parity and convertible to gold sovereigns, placing the currency on a gold...
Straits dollar (plural Straits dollars) The currency of the Straits Settlements from 1898 until 1939, also used in the Federated Malay States, the Unfederated Malay States, Kingdom of Sarawak, Brunei, and British North Borneo.
The Straits dollar was the currency of the Straits Settlements from 1898 until 1939. 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. Contents. History. Background. Straits dollars. Replacement. Coins. Banknotes.
The Straits dollar was the currency used in the British colonies and protectorates in Malaya and Borneo, including the Straits Settlements until 1939. History.
