Designed and issued by - banknote is a commemorative banknote issued by Bank Negara Malaysia (BNM) to commemorate the Malaysia 60th Anniversary of the Signing of the Federation of Malaya Independence Agreement. The largest banknote in the world, the RM600 is considered both a collectible and a work of art.
This guide explains the RM600 banknote history, design features, how rare it is and why so many collectors, investors and history lovers find this banknote so interesting.
The Historical Context of the RM600 Banknote
The foundation of Malaysia as an independent sovereign state was laid on 5 August 1957 with the signing of the Federation of Malaya Independence Agreement. As a tribute to that historic occasion, Bank Negara Malaysia issued the RM600 banknote in 2017 to mark the 60th Anniversary of the signing of the Federation of Malaya Independence Agreement by His Majesty Sultan Muhammad V, then Yang di-Pertuan Agong.
The signing of the agreement by the Malay rulers officially marked the start of Malaysia’s journey towards independence, recognizing the Federation of Malaya as a sovereign nation. This historic event is celebrated every year but the printing of the RM600 banknote in 2017 brought more attention to the signing of the watershed document, and reminded us how important it is to preserve the country’s story for the children going forward.
“Heavily Permeated with Truth”: A Symbol of Malaysia’s Heritage The Malaysian RM500 Banknote cum 60th Merdeka Anniversary - not simply a piece of money, but a symbol of the country’s heritage and identity of jewel, whose value and significance is truly priceless. The English translation of the poem below evokes the thoughts and feelings that this banknote triggers the writers: (The softest fibres of our repressed adversity yet distilling!)
Front Side Design: A Royal Symbolism
The front of the RM600 banknote carries royal connotation with the royal throne appearing in the centre, circled by portraits of the 15 Yang di-Pertuan Agong (Kings of Malaysia). It signifies the monarchical institution that has been at the forefront of the country since 1957, representing one of the cornerstones under the country’s constitutional monarchy.
The throne situated in the background of the note, flanked by moons and the crescent 14-pointed federal star in the foreground, takes inspiration from Malaysia’s flag and the royal headdresses that straddle monarchy and democracy, about which much has been written. The significance of this symbol lies both in a salute to the national leader chosen from its ethos not just to protect her people, but also to strengthen them through their love of country; and in recognizing the pleasure her people derive from this power structure.
Reverse Side Design: A Tribute to the Federation of Malaya
The reverse side of the RM600 features a tribute to our history as the Federation of Malaya. Portrayed are the nine Malay rulers who signed the Federation of Malaya Independence Agreement on 5 August 1957, alongside Tunku Abdul Rahman Putra Al-Haj, our first Prime Minister, an important figure.
The landmarks depicted on the reverse also hold significance. The National Palace, Perdana Putra, the Parliament building and the Palace of Justice, represent the four pillars of government in Malaysia: Monarchy, Executive, Legislature and Judiciary.
Limited Edition and Market Value
Another unique currency is the RM600 banknote,which was issued in a limited quantity of just 6,000 pieces, it has become a unique investment and worth more as time goes on.
Number of Notes Issued and Availability
Bank Negara Malaysia only issued 6,000 pieces of the RM600 banknote, effectively making the note a must-have collector’s item. It would appear that since then, the notes have been in short supply. Eventually, with time, the notes would find their way into private collections at auction houses and museums in order for others to preserve this piece of Malaysia’s history.
Current Market Value of the RM600 Banknote
Despite a face value of RM600, the current market price of the RM600 banknote has soared. The BNM sold it at the then exorbitant price of RM1,700 per note! This price definitely reflects the commemorative value and scarcity of the newly packaged RM600 proposition. As at 2026, there are still sales of RM600 banknotes at higher prices than its face value on the second-hand market.
If you are a collector of commemorative currency or simply enjoy the novelty of rare pieces, then you might want to take advantage of this RM600 banknote. There’s a growing demand for limited edition bank notes and this RM600 stands out from the fray.
The Commemorative Significance of the RM600 Banknote
The objective of issuing the RM600 banknote, was primarily with the aim of issuing a collectible banknote, both to help propel better awareness of our beautiful and treasured independence. It also acknowledges our beloved special and unique constitutional monarchy on our delightful, lovely and cheerful Malaysian way forward.
Investors may look at the RM600 banknote as a valuable addition to their collection, potentially increasing in worth over time. Its value is largely attributed to its limited quantity, but the significance of the unique note in Malaysia’s culture further boost its status as an asset of pride.
The RM60 Banknote: A Companion to the RM600
In addition to the RM600 banknote, the Malaysian Central Bank also issued a RM60 banknote. A smaller companion to its larger brother, this RM60 banknote was offered for sale in limited numbers, and also depicts Malaysia’s sovereignty and independence.
The RM60 note is available as a single note, or you can obtain an uncut 3-in-1 strip of it for RM500! Singles go for RM120. This is an attractive way to pick up a little Malaysian history at a relatively low cost crinkle.
Practical Tips for Collectors and Investors
- Buy from Reputable Sources: If you’re considering purchasing the RM600 banknote, make sure to buy from reputable dealers or auction houses that specialize in such commemorative currency.
- Think About Long-Term Value: That RM600 banknote could appreciate in value over time as there are fewer and fewer notes available. You may want to hold it instead of speculate.
- Explore Financing Options: If money is tight but you really want that RM600 edition, seek instant credit. Companies such as Amanahkredit offer instant credit lines so you can secure your purchase and not miss out on that rare find.
In short, the RM600 banknote also acts as a memento celebrating the history of Malaysia. Whether you are a seasoned collector, history buff or just someone who is interested in investing in rare collectibles, the RM600 note is a unique investment opportunity.
FAQ
How big is the RM600 banknote?
The RM600 banknote, measuring 22cm by 37cm, is one of the largest banknotes in the world. It is larger than most wallets and handbags!
How many RM600 banknotes were issued?
Only 6,000 pieces of RM600 banknote were issued. So it became kind of a limited edition RM600 banknote.
How much is the RM600 note worth now?
RM600 banknote’s monetary value as of now is about RM1,700 or so.