The obverse also features the coin’s weight, purity and mint year as well as the words “BANK NEGARA MALAYSIA and KIJANG EMAS.” The reverse features the hibiscus, Malaysia’s national flower. The coin’s obverse features a barking deer (“kijang”) in its natural Malaysian habitat. There are three weights available, ¼, ½ and 1 ounce.
The coin has a purity of 999.9 percent fine gold, and comes in various denominations. Some other countries that have done so include Australia, Canada, the U.S., South Africa and more. It was first issued in 2001, and made Malaysia one of a dozen nations to issue its own gold bullion coin. The Malaysian Kijang Emas is the official gold bullion coin of Malaysia and is minted by the Royal Mint of Malaysia. Although some other measures exist, gold is typically quoted by the ounce, gram or kilo. Dollars, Japanese Yen, euros or Great British Pounds. Many major markets also have prices readily available in other key global currencies such as U.S. If you are looking to buy gold in Malaysia, you will likely see gold prices quoted in the local currency. The decision to remove the dollar peg came immediately after China elected to remove the renminbi peg to the dollar. The Malaysian central bank announced in 2005 that the ringgit would no longer be pegged to the dollar, but rather it would be allowed to operate in a managed float against several major currencies. The ringgit also became non-tradeable outside of Malaysia in 1998 to prevent money from leaving the country. The Malaysian currency was introduced in 1967 by the then-new central bank, the Bank Negara Malaysia. Like many other major global currencies, the ringgit can be subdivided into 100 smaller units of currency known as sen. The official currency of Malaysia is the Malaysian Ringgit. The nation has some of the most diversified wildlife on the planet and most of its land is covered by rainforest. Malaysia has a population of over 30 million, making it the 44th most populous country. The capital city of Malaysia is Kuala Lumpur, although the country’s government is based in the city of Putrajaya. The country is separated into two similar-sized regions by the South China Sea known as Peninsular Malaysia and East Malaysia. The nation consists of 13 states and three federal territories. The country of Malaysia is located in Southeast Asia. When you return to the cookie will be retrieved from your machine and the values placed into the calculator.Ī range of other useful gold and silver calculators can be found on our Calculators page Gold Price Calculators Pressing the button will place a cookie on your machine containing the information you entered into the Holdings Calculator. If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator. The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator. Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated. The Current and Future Gain/Loss will be calculated. Optionally enter number amounts for Purchase Price and/or Future Value per unit of weight chosen.
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