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Singapore-Issues-New-$20-Note-to-Celebrate-Bicentennial

Singapore Issues New $20 Note to Celebrate Bicentennial

30 Nov -0001  Mon

On 5th June, Singapore issued a new $20 currency note to commemorate the country’s bicentennial. The note highlights the journey of Singapore over the last 2 centuries and honours visionary leaders. The Monetary Authority of Singapore (MAS) Gallery would also be showcasing a rare collection of historical Singaporean notes and coins from the 1800s till today.

Designed by artists Mr Eng Siak Loy and Mr Weng Ziyan, The obverse side of the note depicts a portrait of Singapore’s first President Mr Yusof Ishak. Monuments like the former Supreme Court and City Hall (currently National Gallery Singapore) are also featured. It was here where the swearing-in ceremony of the state government was organised in 1963. Singapore’s first national day parade was also held here in 1966.

The reverse side depicts eight important personalities from different fields who shaped the nation’s future. Singapore River is shown in the background as it was a major trading port which turned into a business centre.

Colourful lattice-work depicts cultural tapestry. Other elements such as the ‘20’ denomination, Coat of Arms, Bicentennial logo, year dates ‘1819’ and ‘2019’ are in gold colour with dynamic optical effects in a security stripe.

Two million pieces of the commemorative note have been issued which can be exchanged for face value at various bank centres from 10th June. Every note is packaged in a special folder and each person can exchange up to 20 pieces per transaction. 5,000 limited edition numismatic sets will also be sold from 20th June. It contains an uncut sheet of three $20 commemorative notes. Balloting process would be followed if subscriptions hit the maximum limit.

Image Courtesy: The Monetary Authority of Singapore

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