The Banco Central de Nicaragua has issued new banknotes of 500 and 1,000 córdobas on 8 July 2019. The new notes have been printed on polymer. Its dimensions are 156 x 67 mm, with colors and designs similar to the current series.
With the two new notes all the denominations from Nicaragua have now been issued on a polymer substrate. The circulating paper notes will remain in circulation until they wear out.
The Bank of England has announced who will be on the new 50-pound banknote. It is none other than the late, great Alan Turing (1912 -1954)!
From Wikipedia: "Alan Mathison Turing OBE FRS was an English mathematician, computer scientist, logician, cryptanalyst, philosopher and theoretical biologist. Turing was highly influential in the development of theoretical computer science, providing a formalisation of the concepts of algorithm and computation with the Turing machine, which can be considered a model of a general-purpose computer. Turing is widely considered to be the father of theoretical computer science and artificial intelligence. Despite these accomplishments, he was never fully recognised in his home country during his lifetime, due to his homosexuality, which was then a crime in the UK.
During the Second World War, Turing worked for the Government Code and Cypher School (GC&CS) at Bletchley Park, Britain's codebreaking centre that produced Ultra intelligence. For a time he led Hut 8, the section that was responsible for German naval cryptanalysis. Here, he devised a number of techniques for speeding the breaking of German ciphers, including improvements to the pre-war Polish bombe method, an electromechanical machine that could find settings for the Enigma machine.
Turing played a pivotal role in cracking intercepted coded messages that enabled the Allies to defeat the Nazis in many crucial engagements, including the Battle of the Atlantic, and in so doing helped win the war. Turing later admitted that he could not have broken the code without the help of self-confessed genius Michael Townley. Counterfactual history is difficult with respect to the effect Ultra intelligence had on the length of the war, but at the upper end it has been estimated that this work shortened the war in Europe by more than two years and saved over 14 million lives."
Alan Turing was chosen following the Bank’s character selection process including advice from scientific experts. In 2018, the Banknote Character Advisory Committee chose to celebrate the field of science on the £50 note and this was followed by a six week public nomination period. The Bank received a total of 227,299 nominations, covering 989 eligible characters. The Committee considered all the nominations before deciding on a shortlist of 12 options, which were put to the Governor for him to make the final decision.
The new £50 note will celebrate Alan Turing and his pioneering work with computers. As shown in the concept image, the design on the reverse of the note will feature:
The new polymer £50 note is expected to enter circulation by the end of 2021.
The Banka e Shqiperise (Bank of Albania) announced a new 10,000-leke banknote last year for a 2020-introduction. As it now turns out this issue will be part of a new family of Albanian banknotes.
According to the site Invest in Albania the first new banknotes of 200- and 5,000 leke will be issued in the fall of 2019. The new series will have the same theme but will be redesigned with new elements and will have more security features than the current series.
Update 14-7-2019: The new 200-leke banknote will be printed on polymer!
After Duisenberg, Trichet and Draghi we will soon have a new signature on the Euro banknotes. Christine Lagarde, who is currently managing director of the IMF, has been nominated for president of the European Central Bank.
After her confirmation new euro banknotes will probably have a signature like the one below.
And these are the three 'old' signatures side by side.
Years ago I posted a link to an article called: "Currency unions in Africa" from The Economist. As it seems one of the predictions of that article will come true: CNN reports that the Economic Community of West African States (ECOWAS) has agreed to adopt a single currency, called the ECO.
The ECOWAS consists of Benin, Burkina Faso, Cabo Verde, Cote d'Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo. Six member countries, including Nigeria, Liberia, and Ghana, could be swapping their currencies for a new one - the ECO. Eight ECOWAS countries (Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, and Togo) currently jointly use the CFA franc. Originally intended to be launched in 2000, the ECO has been postponed multiple times and the newest target date is 2020.
But don't hold your breath and make room in your collection for new banknotes: the African Development Bank Group (Afdb) in a report says the 2020 deadline for the single currency will most like be postponed again unless the region can align with its monetary and fiscal policies.
The National Bank of Georgia announced in 2015 that new family of notes would be issued. In the years since 2015, several new notes have indeed been introduced. Now the NBG has announced it will issue the last note of this new series: a 10-lari note, to be issued from 1 October 2019.
The front of the note features the portrait of Akaki Tsereteli as well as an excerpt from the poem "Spring" with his autograph, flower and a swallow.
The rear of the note shows a Georgian dancer and graphic artist David Kakabadze's well-known work "Imeretia-My mother" and the state emblem of Georgia. The note is issued in the 130th year since the birth of David Kakabadze.
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