Guatemala returns to cotton 5-quetzales banknotes

The Bank of Guatemala is taking a reverse route when it comes to polymer notes compared to many other countries. Their current 5-quetzales note (introduced in 2008) is made of polymer but now they've announced the future notes will made from cotton again. The change will be made gradually in the next two years.

The design of the new cotton fiver will probably be more or less the same and the two notes can be used simultaneously. The current polymer note:

Steven Sunday 18 March 2018 at 07:57 am | | news | No comments
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Ukraine to replace banknotes (eventually)

The National Bank of Ukraine has introduced new coins of 1, 2, 5 and 10 hryvnia. These coins will circulate together with the banknotes with the same denominations but eventually replace them. 

The banknotes won't be printed anymore so they will probably gradually phase out.

Steven Sunday 18 March 2018 at 07:49 am | | news | No comments
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Canada unveils new 10-dollar note

Last year the Bank of Canada chose Viola Desmond (1914-1965) as the face for the new 10-dollar banknote, the first note of a new series of banknotes. 

On 8 March 2018, International Women's Day, the Governor of the Bank of Canada Stephen Poloz, revealed the new polymer banknote to the public. The new note gives a glimpse of the new series which will have a vertical orientation. 

From the press release: "The back of the $10 bank note features images and symbols that represent Canada’s ongoing pursuit of rights and freedoms. It features the Canadian Museum for Human Rights—the first museum in the world solely dedicated to the evolution, celebration and future of human rights. Also depicted on the note are an eagle feather—representing the ongoing journey toward recognizing rights and freedoms for Indigenous Peoples in Canada—and an excerpt from the Canadian Charter of Rights and Freedoms."

The press release als mentions some other interesting facts: 

  • With the issuance of this new $10 note, the Bank of Canada’s approach to issuing bank notes is changing. Rather than issuing all five denominations within a short time frame, a new note will be issued every few years. This will allow the Bank to integrate the latest security features each time a new bank note is issued, ensuring that Canadians can continue to use their bank notes with confidence.
  • To continue to celebrate more iconic Canadians, the next $5 note will also feature a new portrait subject and supporting imagery. In due course, the Bank will launch another consultation process to seek input from Canadians on the design of the next $5 note.
  • As a result of the consultation processes to select new portrait subjects for the $10 note and the next $5 note, Canada’s first Prime Minister, Sir John A. Macdonald, and first francophone Prime Minister, Sir Wilfrid Laurier, will be honoured on higher value bank notes when they are redesigned.
  • These changes mean that former prime ministers William Lyon Mackenzie King and Sir Robert Borden will no longer be portrayed on bank notes. The $20 denomination will continue to feature the reigning monarch.

Steven Friday 09 March 2018 at 4:14 pm | | news | No comments
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Bolivia gears up for new banknote family

The Banco Central de Bolivia has announced that the first note of the new family of banknotes will be issued in April 2018. The first note will be the 10 bolivianos which will be blue. On the front we will see: Gregoria ApazaEsteban Arze and Fuerte Samaipata. And on the back: a Lucachi monkey, the Arco Iris waterfall and a Parajubaea torallyi palm.

Three months later the 20-bolivianos note will follow and so on until all the notes have been issued. The new notes will be printed by Oberthur Fiduciare SAS who won the tender last year.

Steven Friday 09 March 2018 at 4:03 pm | | news | No comments
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Guinea announces new 2,000-francs note

Lounceny Nabé, the governor of the Central Bank of Guinea, has announced the next issue of new Guinean franc notes on Thursday (March 1st), on the occasion of the celebration of the 58th anniversary of the Guinean currency. The new 2,000-francs banknote will be issued into circulation during 2018. 

The Governor also announced the resizing of the 10,000-franc note in 2018. "To facilitate high-capacity processing for ticket sorting and destruction, the BCRG has acquired modern equipment, which have significantly reduced the level and frequency of issuing transactions. The BCRG intends to continue these efforts, through the introduction of a new denomination (cut of GNF 2,000) and the resizing of the 10,000 cut in the course of 2018." .

Steven Friday 09 March 2018 at 3:54 pm | | news | No comments
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Thailand presents next series with new King

The Bank of Thailand has announced the first series with the portrait of the new King Maha Vajiralongkorn Bodindradebayavarangkun (or Rama X). The new series will be issued in two parts: the 20-, 50- and 100-bhat notes will be issued on the Chakri Memorial Day, 6 April 2018. The 500- and 1,000-baht notes will be issued on the King's birthday, 28 July 2018.

The  front side of  the  banknote in  all  denominations depicts  King  Maha Vajiralongkorn Bodindradebayavarangkun in the Royal Thai Air Force uniform as the main portrait. The reverse side of each denomination depicts the portraits of two Kings in order of reign, along with the images of their memorable royal duties.

The sizes and the colors of the series 17 remain the same as the series 16. Most security features are also retained in the new series; however, some new features have been introduced:

  • Security  thread: located  on the  frontside  of  the banknote. Extra  moving effect is incorporated into the 100-Baht banknote security thread.
  • Vertical serial number: Roman alphabet with Arabic numerals are placed vertically.

Steven Friday 09 March 2018 at 2:55 pm | | news | Two comments
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Dutch town Westland to issue its own 'money'

For some reason a lot of cities, villages, states and provinces are issuing their own local money these days. It's not actually money to be honest: they are more like local coupons which you can use at certain selected shops in the area. 

It does however give the issuing city a chance to advertise its local pride and glory on a collectible piece of 'money'. The reason I mention this, is because I just read that the area I grew up in is also about to issue its own local 'banknotes'.

The area I'm speaking of is called Westland and is most famous for its horticulture in greenhouses, growing flowers and vegetables which are sold all over the world. It also hosts the largest Flower Auction in the world. So it's no wonder local people are proud of this and it's also no surprise that the local currency, the "Watermunt" or Water Coin, displays vegetables and greenhouses. 

Steven Saturday 03 March 2018 at 4:08 pm | | news | No comments
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ECB announces new 100- and 200-euro notes

The European Central Bank (ECB) has announced, together with its annual report on the number of counterfeit notes, that in the first half of 2019 the last two banknotes of the Europa series will be issued. These new 100- and 200-euro notes will complete the second series of euro banknotes.

As reported in May 2016 the 500-euro note won't get a new Europa design and won't be printed and issued anymore from the end of 2018.

Steven Sunday 25 February 2018 at 11:53 am | | news | No comments

Yemen announces new 1,000-rial note

According to Alaraby the Central Bank of Yemen will introduce a new 1,000-rial note in the coming days. The new note is 155 x 69 mm and has a light green color. On the front is a view of the Al Sultan Al Kathiri Palace or Seiyun Palace in Hadhramaut. The back side of the paper has a general view of the old city of Sana'a.

An image of the front of the new note:

Steven Sunday 25 February 2018 at 11:39 am | | news | No comments
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Denmark chooses Oberthur for its banknotes

In 2014 Denmark's national bank Nationalbanken announced it would cease the production of Danish banknotes. People in favour of abandonding banknotes completely celebrated this move as the first step towards a "cash money free society". Well, not so much. 

As was announced at the time the production of new banknotes would be outsourced, not stopped completely. According to a new press release by the Nationalbanken the future Danish banknotes issued from 2020 will be printed by Oberthur Fiducaire SAS. Oberthur Fiduciaire SAS produces around 5 billion banknotes a year and has customers in 70 different countries.

Steven Sunday 25 February 2018 at 11:25 am | | news | No comments
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Australia unveils new 50-dollar note

The Reserve Bank of Australia has unveiled the design of the new 50-dollar banknote. As with the existing banknote, the new 50-dollar features portraits of Aboriginal writer and inventor David Unaipon and the first female member of an Australian parliament, Edith Cowan. The new banknotes will be released into general circulation in October 2018.

The security features include a top-to-bottom clear window that contains dynamic features such as a reversing number. There is also a patch with a rolling-colour effect and microprint featuring excerpts from David Unaipon's book and Edith Cowan's maiden parliamentary speech.

Steven Sunday 25 February 2018 at 10:51 am | | news | No comments
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Sierra Leone announces new banknote series

The Bank of Sierra Leone has announced that a new series of banknotes will be issued in celebration of the country’s 60th Independence anniversary in 2021, according to a news article on

"These notes will bear the image of Presidents spanning the last two decades in the following denomination of Le 5,000 which will bear the portrait of the late President Ahmad Tejan Kabbah and the Le 10,000 will also bear the portrait of President Ernest Bai Koroma."

Steven Sunday 25 February 2018 at 10:44 am | | news | No comments