I am disapppointed to ask this here because of lack of info on BNM's website.

Is the the old RM5 banknote (and similarly old RM10) still legal tender? (see the pic link)

http://en.wikipedia.org/wiki/Image:Malaysi...nggit_front.jpg

Some shops will just accept it.

thanks that but that does not exactly answer my question......

how many u have? why don't just keep it and collect..

actually still can use, i think not until they say it cant be used, but if i have it, i will keep it lo

It'll be the same value. The shop won't treat it as collectable or antique.

thanks guys
if any merchant refuse to accept it I'll just report them to Bank Negara!

You know the old RM1 note, I don't think this is accepted, and the RM1 coin, is also not accepted, but I know lots of grocery shops would be too happy to take it off my hands.

I have old RM1 note and old 50 cent

i hav the very old rm10 notes


the 1 tad have a tiger logo

all accepted except the RM 1 coin, 1 sen coin, RM 20, RM 500 & RM1000

1 cent coin still a legal tender of currency, just the scheme of rounded up reduce its usage, BNM hasn't said it is not legal tender, if not mistaken.
So if you go to the bank to deposit 1 cent, they still need to accept it. But under rounded up scheme, you must pay in 5 cents or 10 cents, but it doesn't mean you can pay in 5 x 1 cent coin, unless BNM has stated 1 cent coin is not legal tender anymore, if not mistaken, BNM hasn't.

Rm500 & Rm1000 is no legal tender in public, but one can exchange with BNM.

Only those BNM mentioned that the currency notes or coins which are not longer legal tender (like Rm500 Rm1000), otherwise everyone in Malaysia must accept it. Old notes doesn't mean it is not legal tender.

Having said it, some really old notes which being preserved well might catch some higher value than its face value if you can find somebody interest to collect it as antique.

This post has been edited by cherroy: Jul 5 2008, 10:01 AM

Talking about old RM1 notes, yea don't see them around for quite sometime.

they are worth more in the future... so keep it for ur grand - grand - grand son/daughter

aiyo all still accept la, except those which banned lor, 1sen, rm1 coin, rm20, rm500, rm1000

this 1 a?? i got alot in my house... cz i like collect de... i got 1 version older then this, n got wang pisang also, hope u all know whats that =P

what about RM2 note?

1 cent is still a legal tender, just rounding off mechanism get rid of its usage.

Old RM20 also a legal tender. Rm1 coin, Rm500 and Rm1000 are not.

Surely can use.

hi guys. There is an on going bid in Garage sales for old Malaysian notes. Interested just pop over there. I just visited the site. Though must warn you I am not involved in this auction nor the seller but just curious and since I come across you discussing this then I recommend.

How about RM50 new note , why never come out yet?? im waiting for it since chinese new year

Yeah, so far only saw once in Genting only