Discover the surprising trend of rising cash usage during Hari Raya Aidilfitri alongside the growing popularity of e-duit Raya!
The festive season of Hari Raya Aidilfitri in Singapore brings not only joy and celebrations but also interesting trends in financial transactions. Despite the digital age, cash remains a prominent feature during this period, with the RM1 and RM5 notes experiencing a significant surge in circulation. While traditionalists continue to uphold the practice of giving physical money as part of the Raya tradition, there's a noticeable shift towards e-duit Raya, indicating a blend of old and new customs.
As families and friends exchange tokens of appreciation and love, the tangible nature of cash offers a sense of connection and personal touch that digital transfers sometimes lack. The sight of crisp notes changing hands during house visits and gatherings adds to the festive atmosphere, creating a unique fusion of modernity and tradition. E-duit Raya, on the other hand, caters to the tech-savvy generation, providing a convenient and contactless way to send blessings and good wishes.
In a world where cashless transactions are increasingly common, the enduring popularity of physical money during Hari Raya Aidilfitri highlights the cultural significance and deep-rooted values associated with the holiday. The coexistence of cash and e-duit Raya showcases the harmonious blend of heritage and innovation, reflecting Singapore's diverse and evolving societal landscape. This festive season, whether it's the touch of paper notes or the click of a digital transfer, the spirit of generosity and togetherness remains at the heart of the Raya celebrations.
The RM1 and RM5 notes had the highest increase in the number of banknotes during Ramadan and Raya. Read more at straitstimes.com.
Dear Members of the Singapore Football Fraternity,. As the blessed month of Ramadan draws to a close, we are now in the period of preparation for Hari Raya ...