The Bangko Sentral ng Pilipinas (BSP: the Central Bank of the Philippines) had announced last year that the 100-piso note would get a slightly different color because too many people confused it with the 1,000-piso note. Well, on 1 February 2016 the new radically different banknote has been issued to the public. Below the old 100-piso note, the new 100-piso note and for the sake of comparison the 1,000-piso note.
The BSP: "Compared with the current color of the 100-Piso banknote in circulation, the new 100-Piso banknote will have stronger mauve or violet color on the obverse and reverse sides. All the other features of the said banknote will remain the same."
The Scottish Clydesdale Bank plans to introduce a new 10-pound note made of polymer featuring the image of poet Robert Burns. The back of the note show views of Edinburgh, including the castle.
The Clydesdale bank introduces around £400m worth of new notes every year and is the largest issuer by volume of notes in Scotland. The new notes will enter circulation in 2017.
... and the world sang in joy! Because good heavens, these are some nice looking banknotes! The Maldives Monetary Authority has issued the new series today on 26 January 2016 according to this press release. I described the new series in detail in this post so I'll refer you to that post if you want to know more details.
That gives me more space to just show the front of the new series in all its glory:
This week we've seen some excitement in the world of banknote collecting because the Norges Bank 'unveiled' the design for the new banknotes. Yes, again. Because if I recall correctly (and yes I do) I already wrote in this post from 9 October 2014 what the new banknotes of this series would look like.
"On each obverse side, the designer has placed a signal flag from the maritime alphabet. The flags represent the letters N, O, R, G and E and therefore spell either NORGE or NOREG (not in order by denomination).
The cubic patterns on the reverse side represent pixels and mosaics. The patterns depict the coast, the horizon and the motif. The organic pattern is an abstraction of the sea. Both the cubic and organic patterns follow the Beaufort scale as an expression of wind speed. This affects the waves in the sea. On the lowest denomination note, the wind is light, and there are short cubic forms and long, gentle waves in the organic pattern. On the highest denomination note, the wind is strong and creates elongated rectangular forms and short waves."
So sure, I can show the designs again because they are quite original and really stand out internationally. Do I also like them? Well, I know some people are going absolutely mental over them and call them the future of banknote design. I guess that makes me an old fart because I'm not very impressed. Sure, the pixelated back is very original but also looks like something I could have made myself. And I suck at Photoshop. The front of the notes is more to my liking but is also rather simple and minimalistic.
Perhaps the note will look better in real life and beauty is of course (as always) in the eye of the beholder but I won't be standing in line to get these for my personal collection I think.
50 kroner
Front: Utvær Lighthouse in Sogn og Fjordane, Norway's westernmost point. Signal flag: Letter R. Back: Pixel motif on the horizon: lighthouse on the horizon. Cubic pattern: 1.6 metres per second. Organic pattern: Light breeze, gentle waves.
100 kroner
Front: The Gokstad ship from the 800s, with the Norwegian-designed X-Bow hull developed by Ulstein Design & Solutions AS in the background. Signal flag: Letter O. Back: Pixel motif on the horizon: Cargo ship. Cubic pattern: 3.4 m/s. Organic pattern: Gentle breeze. Crests begin to break.
200 kroner
Front: Cod and herring. The background drawing shows mesh from a fishing net. Signal flag: Letter N. Back: Pixel motif on the horizon: Fishing boat. Cubic pattern: 8 m/s. Organic pattern: Fresh breeze. Wave heights of 1 m or more.
500 kroner
Front: Colin Archer, boat design. Anders Beer Wilse, photographer. Linn Krogh Hansen, photographer. Signal flag: Letter G. Back: Pixel motif on the horizon: Oil platform. Cubic pattern: 13.9 m/s. Organic pattern: High wind. Sea heaps up, white foam from breaking waves.
1,000 kroner
Front: Motif: Wave in the sea. Signal flag: Letter E. Back: Pixel motif: Horizon. Cubic pattern: 20.8 m/s. Organic pattern: Strong gale. High waves. Dense foam is blown along wind direction.
The Reserve Bank of India has issued two slightly redesigned banknotes of 500 and 1,000 rupees. Special features to aid visually impaired people have been added to the existing design. On the front at the left and right edge markings have been added.
Also a novel serial number is now in use with numbers in ascending size.
The National Bank of Argentina has announced that a new family of banknotes will be introduced as a measure to curb the rising inflation in the country. Right now the highest denomination in the country is the 100-pesos note but these are sometimes hard to get because people need so much of them.
That is why new notes of 200-, 500- and 1000-pesos will be introduced. In mid-2016 we will first see the 200- and 500-peso note followed by a 1000-peso note and also newly designed 20-, 50-, 100-peso notes in 2017. The theme of the new notes are no longer hero's from South-America but will be indigineous animals on the front and the habitat they live in at the back.
The notes will have the following images:
- 20 pesos: Guanaco, Patagonian steppe
- 50 pesos: Condor, Andean Region
- 100 pesos: Taruca, Northwest Region
- 200 pesos: Southern right whale, Argentine Sea, Antarctica and South Atlantic Islands
- 500 pesos: Jaguar, Northeast region
- 1,000 pesos: Rufous hornero (national bird), Central region
Right now only the designs of the 200- and 500-peso notes have been publicized but if this is the standard we can expect from the new series I believe we will have a family of notes which is going to be VERY popular with theme collectors.
Update 2 May 2016: The 500-pesos note will be issued in July 2016 and the 200-pesos note will follow in the fourth quarter of 2016, Telam reports.
First of all, happy New Year to everybody! To start 2016 right, here's an interesting story on the German emergency issues of 1960 and 1963.
One of these notes would be a great addition to my collection but I'm not sure if it's 100% legal to own one after reading the article.
The Bank of Israel has issued the second new note in the new series on 23 December 2015. The 200-NIS note was announced in April 2013 and has been delayed a couple of times. The blue note is 150x71 mm in size and features an image of the poet Nathan Alterman. This page from the Israeli Foreign Affairs office describes the new note in more detail. More information on the whole new series can be found on this page from the Bank of Israel.
The National Bank of Ukraine has announced that an updated banknote of 500 hryvnia will be issued on 11 April 2016.
The note will have updated security features like a windowed security thread and a SPARK patch. The images below are from the Flickr-page of the National Bank of Ukraine.
Don't we all remember how Russia annexed the Crimean peninsula from Ukraine and added it to the Russian motherland? Most of the western world cried out condemning the move. Russia on the other hand defended the move and just did what it wanted to do anyway.
Pretty soon after the annexation there was news of a commemorative banknote by the Central Bank of Russia celebrating the Crimea and the city of Sevastopol. Now that new 100-ruble note is here and Russia... I can see what you did there! Trying to win the western opinion back by isuing an absolutely gorgeous banknote!
The vertically orientated banknote doesn't seem to have a clear frontside and backside but perhaps I'm mistaken. The following description is from the press release:
"The banknote is printed on light-yellow colored cotton paper. One side of the note is devoted to Sevastopol, the other one – to Crimea. A wide security thread is embedded into the paper. It comes out on the surface on the Sevastopol side of the banknote in the figure shaped window. Multitone combined watermark is located on the unprinted area in the upper part of the banknote.
Ornamental designs run vertically along the banknote. The Sevastopol side of the note features the Monument to the Sunken Ships in the Sevastopol bay and the fragment of the painting by I.K. Aivazovsky «Russian squadron on the Sevastopol roads».
The Crimea side of the note features the decorative castle Swallow’s Nest. In the lower part of the Sevastopol side of the banknote in the green stripe there is a QR-code linking to the Bank of Russia webpage containing historical information relating to the commemorative banknote. The predominant color of the note is olive green. Dimensions 150 x 65 mm. In circulation since 23.12.2015"
Thanks to Triaff Nikitin
The Congress of Peru has decided to change the name of the national currency from "nuevo sol" to just "sol" according to this article. The nuevo sol was the new name for the currency from 1 July 1991 when it replaced the old "inti".
The Banco Central de Reserva del Perú (Central Bank of Peru) hasn't made clear yet when new banknotes with the new denomination will be issued.
Banknotenews.com has an interesting article on new Libyan banknotes which might be issued from 13 December 2015. These are new 5- and 10-dinar notes with a different design than what was previously announced. This might be caused by a big robbery in 2013 where 55 million dinars worth of new notes with the previous design were stolen. Pictures below are from Banknotenews.com:
The new design:
The old 'new' design:
The day when the world can see the new Swiss banknotes is finally coming! The Swiss National Bank (SNB) has announced that the first note of the new series, the 50-franc note, will be issued on 12 April 2016. From a statement for the press:
"On 14 August 2015, the SNB announced that it would begin issuing the new Swiss banknote series in April 2016. The first denomination to be released will be the 50-franc note. Today, we can announce the exact issue date. The new 50-franc note will be presented to the public for the first time at a news conference on 6 April 2016, and will first be issued on Tuesday, 12 April 2016. The new notes will be put into circulation continuously from that date onwards. A large-scale information campaign will inform the general public about the new note and on ways to check its authenticity. The remaining banknotes in the series will be issued subsequently at half-yearly or yearly intervals. The SNB will announce each new issue date well in advance. The current eighth banknote series will continue to be legal tender until further notice. The date on which the current series is to be withdrawn from circulation will also be announced well in advance."
The new Swiss banknote series has had lots of delays and difficulties during production. But now it seems we can finally see if the new banknotes look anything like the beautiful winning drafts from designer Manuela Pfrunder.
The Royal Bank of Scotland is asking the public to choose a new face for its new 10-pound polymer banknote. More specifically the RBS is asking for a Scottish historical figure who has contibuted to the field of science and innovation. The new polymer note is scheduled to be issued in the second half of 2017.
From the website: "People can nominate as many different people as they want either online ( www.rbs-communities.co.uk ) or on Facebook ( www.facebook.com/royalbankofscotland )
In order to be considered, nominees must be historical figures who are Scottish or have made a significant contribution to Scotland in the field of science and innovation.
So long as there is a good reason for the nomination, the person does not have to be famous.
A shortlist will be announced in January, with a further vote to decide the person whose portrait will be featured on the notes. This shortlist will be compiled on merit rather than volume of nominations."
The nomination process is open to anyone, with all suggestions to be made by 20 December. Here's a list of Scottish scientists to provide some inspiration.
The biggest banknote printer in the world, De la Rue, has announced it will cut its banknote printing capacity by a quarter, according to this article in the Financial Times. De la Rue will close its banknote plant in Malta leaving only the factories in the UK, Kenya and Sri Lanka. About 300 people are expected to lose their jobs because of this reduction.
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