Editing Malaysian ringgit (section)

== Coinage ==

=== First series (1967) ===
The first series of sen coins were introduced in 1967 in [[Denomination (currency)|denominations]] of 1, 5, 10, 20 and 50 sen, followed by the introduction of the 1 ringgit coin (which used the $ symbol and is the largest coin in the series) in 1971. While varied by diameters, virtually all the coins were minted in near-consistent obverse and reverse designs and were very generic, with the obverse depicting the then recently completed [[Malaysian Houses of Parliament]] and the federal star and crescent moon from the [[flag terminology|canton]] of the [[Malaysian flag]]. All coins were minted from [[cupronickel]], the only exception being the 1 sen coin, which was first composed from [[bronze]] between 1967 and 1972, then in [[steel]] clad with [[copper]] from 1973 onwards. The 50 sen coin is the only one in the series to undergo a redesign, a minor 1971 modification on its edge to include "''[[Bank Negara Malaysia]]''" letterings. All coins have the initials GC on the reverse, below the Parliament House. It stands for Geoffrey Colley, Malaysia first coin series' designer.<ref>{{cite web|title=Malaysia 1st series coin designer|date=26 March 2012 |url=http://lunaticg.blogspot.com/2012/03/geoffrey-colley.html|publisher=lunaticg.blogspot|access-date=16 May 2012}} {{unreliable source?|date=March 2018}}</ref>{{Verify source|date=May 2012}} The 1 ringgit coin was never popular at the time due to being in conflict with a banknote of equal face value, similar to the current situation regarding the [[Dollar coin (United States)|1 dollar coin]] of the [[United States dollar]].

The coins of this first series were identical in size and composition to those of the former [[Malaya and British Borneo dollar]]. Though the Malayan currency union coins were withdrawn, they still appear in circulation on very rare occasions.

Minting of the first sen series ended in 1989, when the second series was introduced. The older coins remain [[legal tender]] as of 2019, but have steadily declined in number and are seldom seen in circulation in Malaysia.

{|class="wikitable" style="margin:auto; font-size:90%; border-width:1px;"
|-
! colspan=11 | First series (1967)<ref>{{cite web |url=http://moneymuseum.bnm.gov.my/index.php?ch=9&pg=18&ac=58 |title=Bank Negara Malaysia Money Museum & Art Centre |website=moneymuseum.bnm.gov.my |access-date=15 January 2022 |archive-url=https://web.archive.org/web/20130417191203/http://moneymuseum.bnm.gov.my/index.php?ch=9&pg=18&ac=58 |archive-date=17 April 2013 |url-status=dead}}</ref>
|-
! rowspan=2 | Image
! rowspan=2 | Value
! colspan=3 | Technical parameters
! colspan=3 | Description
! rowspan=2 | Minted<br/>from
! rowspan=2 | First<br/>issue
|-
! Diameter<br/>(mm)
! colspan=2 | Composition
! Edge
! Obverse
! Reverse
|-
| rowspan=2 | 
| rowspan=2 | 1 sen
| rowspan=2 align=center | 18.00
| rowspan=2 style="background-color:#e0954f;"|
| [[Bronze]]
| rowspan=2 | Smooth
| rowspan=8 | [[Malaysian Houses of Parliament|Parliament House]];<br/>14-pointed star and crescent moon
| rowspan=8 | Lettering: ''Malaysia'';<br/>value and year of minting
| 1967–1981
| 12 June 1967
|-
| [[Copper]]-clad [[steel]]
| 1973–1988
| 1973
|-
| 
| 5 sen
| align=center | 16.00
| style="background-color:#dcdcdc;"|
| rowspan=6 | [[Cupronickel]]
| rowspan=3 | Milled
| rowspan=3 | 1967–1988
| rowspan=4 | 12 June 1967
|-
|
| 10 sen
| align=center | 19.00
| style="background-color:#dcdcdc;"|
|-
|
| 20 sen
| align=center | 23.00
| style="background-color:#dcdcdc;"|
|-
| rowspan=2 |
| rowspan=2 | 50 sen
| rowspan=2 align=center | 28.00
| rowspan=2 style="background-color:#dcdcdc;"|
| Security
| 1967–1970
|-
| rowspan=2 | Lettering:<br/>''{{small|BANK NEGARA MALAYSIA}}''
| 1971–1988
| rowspan=2 | 1 May 1971
|-
|
| $1
| align=center | 33.00
| style="background-color:#dcdcdc;"|
| 1971–1986
|}

=== Second series (1989) ===
The second series of sen coins entered circulation in late 1989, sporting completely redesigned obverses and reverses, but predominantly retaining the design of edges, diameters and composition of the previous series' coins previous to 1989, the 1 ringgit coin being the exception. Changes include the depiction of items of [[Malays (ethnic group)|Malay]] culture on the obverse, such as a local [[mancala]] game board called [[congkak]] on the 10 sen and the [[wau bulan]] or "moon kite" on the 50 sen among other things, as well as the inclusion of a [[Hibiscus rosa-sinensis]] (Malay: ''Bunga Raya''), the [[Floral emblem|national flower]] of Malaysia, on the upper half of the reverse. The second series was designed by Low Yee Kheng.

In addition to changes on its obverse and reverse, the size of the 1 ringgit coin was also reduced from a diameter of 33 to 24, and was minted from an [[alloy]] of copper, [[zinc]] and [[tin]], as opposed to the first series' cupronickel. The $ symbol was brought over to the new coin, but was dropped in favour of "RINGGIT" for coins minted from 1993 onwards. On 7 December 2005, the 1 ringgit coin was [[Legal tender#Demonetization|demonetised]] and withdrawn from circulation. This was partly due to problems with standardisation (two different versions of the second series coin were minted) and [[forgery]].<ref>{{cite news|title=Times are changing for fake ringgit coins|url=http://www.scmp.com/article/515383/times-are-changing-fake-ringgit-coins|access-date=2 May 2016|work=South China Morning Post|date=8 September 2005|archive-url=https://web.archive.org/web/20190110015410/http://www.scmp.com/article/515383/times-are-changing-fake-ringgit-coins|archive-date=10 January 2019|url-status=live}}</ref>

As of 1 April 2008, a rounding mechanism of prices to the nearest 5 sen, applied to the total bill only, is in force, which was first announced in 2007 by Central Bank of Malaysia, in an attempt to render the 1 sen coin irrelevant.<ref>{{cite news|title=Doing away with one-sen coin payment |url=http://thestar.com.my/news/story.asp?file=/2007/11/14/nation/19460993&sec=nation&focus=1 |work=[[The Star (Malaysia)|The Star]] |date=14 November 2007 |access-date=14 November 2007 |url-status=dead |archive-url=https://web.archive.org/web/20090629042854/http://thestar.com.my/news/story.asp?file=%2F2007%2F11%2F14%2Fnation%2F19460993&sec=nation&focus=1 |archive-date=29 June 2009 }}</ref> Individual items and services can still be priced in multiples of 1 sen with the final totalled rounded to the nearest 5 sen.  For example, purchasing two items priced RM4.88 and RM3.14, totalling RM8.02, would then be rounded to RM8.00. If each item had been individually rounded (to RM4.90 and RM3.15 respectively) the '''incorrect''' total would have been RM8.05.  In practice, individual items will probably remain priced at so-called "[[price points]]" (or [[psychological pricing]] and [[odd-number pricing]]) ending in 98 and 99 to maximise rounding gains for the vendor, especially in the case of single item purchases.  Existing 1 sen coins in circulation remain legal tender for payments up to RM2.00.<ref>{{cite news|title=BNM Rounding Mechanism|url=http://www.bnm.gov.my/index.php?ch=209&pg=657&ac=568|publisher=Bank Negara Malaysia|access-date=8 April 2008|url-status=dead|archive-url=https://web.archive.org/web/20080331233025/http://www.bnm.gov.my/index.php?ch=209&pg=657&ac=568|archive-date=31 March 2008|df=dmy-all}}</ref>

{|class="wikitable" style="margin:auto; font-size:90%; border-width:1px;"
|-
! colspan=12 | Second series (1989)<ref>{{cite web |title=The Malaysian Currency: Circulation Coins |url=http://moneymuseum.bnm.gov.my/index.php?ch=9&pg=18&ac=59 |publisher=[[Bank Negara Malaysia]] Money Museum and Art Centre |archive-url=https://web.archive.org/web/20120303155143/http://moneymuseum.bnm.gov.my/index.php?ch=9&pg=18&ac=59 |archive-date=3 March 2012 |date=2012}}</ref><ref>{{cite web |title=The Third Series of Malaysian Coins FAQ - What are the benefits of the new coins series? |url=https://www.bnm.gov.my/microsites/2011/coins/05_faq.htm#q03 |publisher=[[Bank Negara Malaysia]]}}</ref>
|-
! rowspan=2 | Image
! rowspan=2 | Value
! colspan=4 | Technical parameters
! colspan=3 | Description
! rowspan=2 | Minted<br/>from
! rowspan=2 | First<br/>issue
! rowspan=2 | Withdrawn
|-
! Diameter<br/>(mm)
! Mass<br/>(g)
! colspan=2 | Composition
! Edge
! Obverse
! Reverse
|-
|
| 1 sen
| align=center | 17.78
| align=center | 1.74
| style="background-color:#e0954f;"|
| [[Copper]]-clad [[steel]]
| Smooth
| ''[[Rebana|Rebana ubi]]''
| rowspan=5 | [[Hibiscus × rosa-sinensis|National flower]];<br/>Lettering:<br/>''Bank Negara Malaysia'';<br/>value, year of minting
| 1989–2008
| rowspan=6 | 4 September<br/>1989
| rowspan=5 | ''Current''
|-
|
| 5 sen
| align=center | 16.25
| align=center | 1.41
| style="background-color:#dcdcdc;"|
| rowspan=4 | [[Cupronickel]]
| rowspan=3 | Milled
| ''[[Spinning top|Gasing]]''
| rowspan=4 | 1989–2011
|-
|
| 10 sen
| align=center | 19.40
| align=center | 2.82
| style="background-color:#dcdcdc;"|
| ''[[Congkak]]''
|-
|
| 20 sen
| align=center | 23.59
| align=center | 5.66
| style="background-color:#dcdcdc;"|
| ''[[Tepak sireh]]''
|-
|
| 50 sen
| align=center | 27.76
| align=center | 9.33
| style="background-color:#dcdcdc;"|
| Lettering:<br/>''{{small|BANK NEGARA MALAYSIA}}''
| ''[[Wau bulan|Wau]]''
|-
|
| rowspan=2 | $1
| rowspan=2 align=center | 24.50
| rowspan=2 align=center | 9.30
| rowspan=2 style="background-color:#ffe550;"|
| rowspan=2 | [[Copper]]: 84%<br/>[[Zinc]]: 12%<br/>[[Tin]]: 4%
| rowspan=2 | Milled
| rowspan=2 | ''[[Kris|Keris]]'' and ''[[songket]]''
| Similar except for value: ''$1''
| 1989–1993
| rowspan=2 | 2005
|-
|
| Similar except for value:<br/>''1 RINGGIT''
| 1993–1998
| 1993
|-
|colspan="12"|{{Standard coin table notice|BrE=Y}}
|}

=== Third series (2012) ===

The third series of coins were announced on 25 July 2011, first being issued as commemorative coins to mark their release on 16 January 2012. The third series carry a theme named "Distinctively Malaysia" and are inspired from motifs of flora and fauna drawn from various cultures in Malaysia to "reflect the diversity and richness of Malaysia's national identity". The denominations issued are 5, 10, 20 and 50 sen. On 24 October 2011, Deputy Finance Minister Datuk Donald Lim named Poogsan Corporation of [[South Korea]] as the series' coin suppliers and the coins are minted at the Bank Negara Mint in [[Shah Alam]].<ref name=newcurrencyproducers>{{cite web|url=http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=24457 |title=Malaysia Names New Currency Producers |author=Giedroyc, Richard |date=14 December 2011 |access-date=7 January 2012 |url-status=dead |archive-url=https://web.archive.org/web/20150221150550/http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=24457 |archive-date=21 February 2015 }}</ref>

According to Lim, costs in producing the coins will be reduced by 49% due to the change in metal composition. Other changes in the series include the diameter, the colour on the 20- and 50 sen coins (from silver to yellow) and a redesign on the obverse (featuring different motifs for each denomination), fourteen dots symbolising the thirteen states and the collective Federal Territories, and five horizontal lines indicating the five principles of [[Rukunegara]].<ref>{{cite web|url=http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=2298|title=Issuance of Commemorative Coins for Malaysia's New Third Coins Series|date=25 July 2011|author=Bank Negara Malaysia|access-date=4 October 2011|url-status=dead|archive-url=https://web.archive.org/web/20111005045806/http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=2298|archive-date=5 October 2011|df=dmy-all}}</ref>

The 50-cent coin is more distinctive than the other denominations. The round shape of the coin has nine indentations, forgoing the original "BANK NEGARA MALAYSIA" lettering. The obverse does not feature the five horizontal lines, but instead a latent image security feature is placed over the coin, where lettering of the denomination "50" and "SEN" can be seen when the coin is tilted slightly.

The 20 sen and 50 sen coins look similar to [[10 euro cent coin|€0.10]] and [[20 euro cent coin|€0.20]] coin in size, edge design and colour; however, they are only worth at €0.047 and €0.12 respectively.

{|class="wikitable" style="margin:auto; font-size:90%; border-width:1px;"
|-
! colspan="11"| Third series (2012)<ref>{{cite web |title=The Third Series of Malaysian Coins |url=https://www.bnm.gov.my/microsites/2011/coins/index.htm |archive-url=https://web.archive.org/web/20111004161443/http://www.bnm.gov.my/microsites/2011/coins/index.htm |url-status=dead |archive-date=4 October 2011 |publisher=[[Bank Negara Malaysia]] }}</ref>
|-
! rowspan=2 | Image
! rowspan=2 | Value
! colspan=4 | Technical parameters
! colspan=3 | Description
! rowspan=2 | Minted<br/>from
! rowspan=2 | First<br/>issue
|-
! Diameter<br/>(mm)
! Mass<br/>(g)
! colspan=2 | Composition
! Edge
! Obverse
! Reverse
|-
| 
| 5 sen
| align=center | 17.78
| align=center | 1.72
| style="background-color:#dcdcdc;"|
| rowspan=2 | [[Stainless steel]]
| Smooth
| ''Destar siga'' pattern; ''[[Tendril|Sulur kacang]]'';<br/>14 dots and 5 lines ([[Rukun Negara]])
| rowspan=4 | [[Hibiscus × rosa-sinensis|National flower]];<br/>Lettering:<br/>''Bank Negara Malaysia'';<br/>value, year of minting
| rowspan=4 | 2011
| rowspan=4 | 16 January 2012 
|- 
| 
| 10 sen
| align=center | 18.80
| align=center | 2.98
| style="background-color:#dcdcdc;"|
| rowspan=2 | Milled
| [[Mah Meri people]] weave pattern;<br/>14 dots and 5 lines ([[Rukun Negara]])
|-
|
| 20 sen
| align=center | 20.60
| align=center | 4.18
| style="background-color:#ffe550;"|
| [[Nickel silver|Nickel-brass]]
| [[Jasmine|Jasmine flower]]; ''Destar siga'' pattern;<br/>14 dots and 5 lines ([[Rukun Negara]])
|-
| 
| 50 sen
| align=center | 22.65
| align=center | 5.66
| style="background-color:#ffe550;"|
| [[Nickel silver|Nickel-brass]] clad<br/>[[copper]]
| [[Spanish flower]]<br/>{{small|(9 indents)}}
| ''[[Tendril|Sulur kacang]]''; 14 dots;<br/>Latent image: ''50'' and ''SEN''
|-
|colspan="11"|{{Standard coin table notice|BrE=Y}}
|}

=== Kijang Emas ===
{{main|Kijang Emas}}

Three denominations of [[bullion coins|gold bullion coins]], the "Kijang Emas" (the kijang, a species of [[deer]], being part of Central Bank of Malaysia's logo) are also issued, at the face value of RM 50, RM 100 and RM 200, weighing {{frac|1|4}} oz, {{frac|1|2}} oz and 1 oz (Troy ounce), respectively. It is minted by the Kilang Wang Central Bank of Malaysia and was launched on 17 July 2001 by Central Bank of Malaysia, making Malaysia the twelfth country to issue its own gold bullion coins. Like other bullion coins issued around the world, the Kijang Emas is primarily used as an investment rather than in day-to-day circulation. The purchase and resale price of Kijang Emas is determined by the prevailing international gold market price.<ref>{{cite web|author=Bank Negara Malaysia|date=2020-11-17|title=The Kijang Emas Gold Bullion Coins|url=https://www.bnm.gov.my/index.php?ch=en_misc&pg=en_misc_kijang&ac=229|access-date=2020-11-17|website=Bank Negara Malaysia}}</ref> Current price of the Kijang Emas is rated at RM 8266 for 1oz, RM 4211 for {{frac|1|2}} oz and RM 2144 for {{frac|1|4}} oz (November 17, 2020).<ref>{{Cite web|last=Bank Negara Malaysia|date=2020-11-17|title=Kijang Emas Prices|url=https://www.bnm.gov.my/index.php?ch=statistic&pg=statistic_kijangemas|access-date=2020-11-17|website=Bank Negara Malaysia|archive-date=19 November 2020|archive-url=https://web.archive.org/web/20201119171011/https://www.bnm.gov.my/index.php?ch=statistic&pg=statistic_kijangemas|url-status=dead}}</ref>