News from the Mujand Trading Company

Exciting news from the Mujand Trading Company, the maker of one of the finest series of fantasy banknotes at this moment. A new limited edition polymer note is available and an existing series gets a makeover. 

First the very first series A, featuring Early American Writers, gets a limited edition new 5-zilchy note made of polymer. The new back is very stylish and honours the works of Poe. 

And second, the existing series C from the Kuninganna Territory gets a complete makeover. The old big white notes which resembeled the old British banknotes were, according to the story on the Mujand website, too big and too naked. Yeah I just love this kind of background story to a fantasy series! So now we get a whole new design which gives me an old Eastern European vibe. Looking forward to seeing the whole newly designed series!

Steven Monday 22 June 2015 at 9:42 pm | | news | No comments
Used tags: , ,

USA announces new $10 with a woman's face on it

Exciting (and historic) news today from the USA! The US Treasury Department has announced it will redesign the the $10-note as the first note of a new theme and in the process introduce a woman. Alexander Hamilton's face will still be present on the note but it hasn't been made clear how they will practically do this. The possibility of two seperate notes is also on the table (do I hear a possible commemorative issue?). 

As most of you are surely aware, there has been much debate lately to place a woman on an US banknote. Most of the discussion involves which woman should get the honour. Less time had been spend on the question which banknote should have its face replaced. The $20 featuring the face of Andrew Jackson was the most likely candidate according to the action group Women on 20's

However, the competition seems to be wide open again which woman will have her face on the new note, according to the statement on the Treasury Department's site:

The next generation of currency will revolve around the theme of democracy. The first note, the new $10, will feature a notable woman. In keeping with that theme, it’s important that you make your voice heard. Use #TheNew10 to tell us your ideas, symbols, designs or any other feedback that can inform the Secretary as he considers options for the $10 redesign.

"America’s currency is a way for our nation to make a statement about who we are and what we stand for," says Jack Lew, Treasury Secretary. "I’m proud that the new 10 will be the first bill in more than a century to feature the portrait of a woman."

The new note will be revealed in 2020 on the 100th anniversary of the US Constitution’s 19th amendment, which gave women the right to vote in the USA.

Steven Thursday 18 June 2015 at 08:48 am | | news | No comments

Zimbabwe discards the Zimbabwian dollar

The government of Zimbabwe has decided to discard its own currency, the Zimbabwian dollar (ZWD). The currency hasn't been widely used anymore after the country experienced hyperinflation, which hit 500 billion per cent in 2008. Foreign currencies like the US dollar and the South African rand were also accepted in Zimbabwe and much more popular.

From Monday, customers who held Zimbabwean dollar accounts before March 2009 can approach their banks to convert their balance into US dollars, the governor of the Reserve Bank of Zimbabwe, John Mangudya, said in a statement. Zimbabweans have until September to turn in their old banknotes.

Bank accounts with balances of up to 175 quadrillion Zimbabwean dollars will be paid $5. Those with balances above 175 quadrillion dollars will be paid at an exchange rate of $1 for 35 quadrillion Zimbabwean dollars.

Steven Friday 12 June 2015 at 10:21 am | | news | No comments

Myanmar to issue improved 10,000-kyat note

The Central Bank of Myanmar has announced it will issue an improved version of its 10,000-kyat note. The new bill is the same size, design and color as the old one but has upgraded security features. It will have a new watermark image and a protective layer of varnish on both sides for prolonged circulation life and forgery prevention. The improved note will be issued from 1 July 2015. 

Steven Monday 08 June 2015 at 8:58 pm | | news | No comments
Used tags: ,

Bank of Scotland to issue two polymer notes

Steven Monday 01 June 2015 at 8:39 pm | | news | No comments
Used tags: ,