50 Dollars grey

The Singapore orchid series, of which this note is part, ran from 1967 through to the late 1990s and represents an unusually long-lived design family for a rapidly modernizing economy. By 1994, most regional central banks had long since moved toward polymer or heavily windowed security threads, making this paper issue with a simple watermark a noticeably conservative specification for the denomination and the era.

Thomas De La Rue's Singapore relationship dated back to the Board of Commissioners of Currency, well before the Monetary Authority formally assumed note issuance. The grey $50 was eventually superseded by the Portrait series beginning in 1999.