100 Dollars

The Straits Settlements — a British Crown Colony comprising Singapore, Penang, and Malacca — issued this series through a Currency Commission rather than a central bank, a structural choice that reflected the colonial administration's distrust of locally managed monetary institutions. The $100 denomination was the highest in the P#13 series, used primarily for interbank settlement and merchant trade rather than retail commerce.

De La Rue's production for this series is notable for its relatively restrained security specification — watermark only, no complex intaglio overprinting — which would become a point of concern during the currency reform discussions of the late 1920s.