Iran shows new 500,000-rial note

The Central Bank of the Islamic Republic of Iran has made the design of the new 500,000-rial note public, according to the Iran Front Page. The new note has a few changes comapred to the one issued in 2014: its main color is now orange, the vignettes on the front have been repositioned and on the back we can see Mount Damavand.

One striking element of this note, is the 50 on the front. This might be an clue that Iran might lop off 4 zeroes of its banknotes. "The government had announced in 2016 it is planning to cut four zeroes off the currency, in an effort to keep up with rampant inflation that has hit the Iranian economy for decades." 

Steven Thursday 10 January 2019 at 4:22 pm | | news | No comments
Used tags:

Armenia issues last three banknotes

The Central Bank of Armenia has issued the last three notes of its new series on 25 December 2018. These are the 1,000-, 2,000- and 5,000-dram notes featuring portraits of Paruyr SevakTigran Petrosyan and William Saroyan

With these notes the new series has been completely issued.

Steven Friday 28 December 2018 at 11:01 am | | news | No comments
Used tags:

Sudan announces three banknotes for Q1 of 2019

In October 2018 the Central Bank of Sudan announced that the printing process for new banknotes of 100-, 200- and 500-pounds had begun and we might see the new notes before the end of the year. 

That date has now shifted to next year it seems. The 100- and 200-pound notes will be issued in January 2019 and  the 500-pound note will be issued in February of 2019, according to alnilin.com.

Update 19-01-2019: here's what the new 100-pounds will look like:

Steven Friday 28 December 2018 at 10:52 am | | news | No comments
Used tags:

China issues commemorative 50-yuan note

The People's Bank of China will issue a commemorative banknote of 50 yuan today. The note commemorates the 70th anniversary of the issuance of the renminbi (RMB), China's national currency. 

The front of the note shows the tree ring and the first to fifth sets of representative parts of the RMB. At the top left is the national emblem pattern, the name of the "People's Bank of China", and the words "The 70th Anniversary of RMB Issuance" and "1948-2018".

The back of the note shows the People's Bank of China Building, supplemented by Peony, the former site of the People's Bank of China, the first set of RMB distribution notices and the silhouette of the city building. In the upper left corner of the ticket is the denomination number "50", the Chinese Pinyin alphabet of the People's Bank of China and the words and denominations of the "People's Bank of China" in the four national languages ​​of Mongolia, Tibet, Victoria and Zhuang. 

Steven Friday 28 December 2018 at 10:42 am | | news | No comments
Used tags: ,

Kyrgyzstan gives last two banknotes an update

The National Bank of Kyrgyzstan is updating its current banknotes with new security features and design elements. On 20 December 2018 they introduced updated versions of their 20- and 5,000-som banknotes.

With these two notes, the complete series has been updated. 


Steven Friday 28 December 2018 at 10:36 am | | news | No comments
Used tags:

Argentina issues 100-pesos note

The National Bank of Argentina has issued the last banknote of the Flora and Fauna series. This violet 100-pesos note was issued on 19 December 2018 and features an image of the taruca on the front and as its watermark. The back shows the Northwest region of Argentina where the animal lives. 

With this note the Flora and Fauna series is now complete. 

Steven Friday 28 December 2018 at 10:21 am | | news | No comments
Used tags:

Mauritius has issued updated note with 'Illuminate'

The Bank of Mauritius has issued an improved version of its 2,000-rupees note, according to printer De la Rue, on 6 December 2018.  "The note is a reproduction of the current design: retaining most of the paper security features, whilst introducing some upgraded security features. These enhanced features include De La Rue’s Mask™ feature and newly launched Illuminate design technique for polymer. (...)

A first in polymer design, Illuminate uses a combination of inks, including matte and iridescent inks, to inject vivid colour into the polymer window. Designs are no longer limited by the muted colours of previous generations of polymer. Illuminate offers unlimited possibilities in window design, through the creation of vibrant, standout artwork which drives strong end user recognition and public authentication. (...)

This is the 35th banknote to be issued on De La Rue’s polymer substrate, Safeguard®, which was originally launched in 2012.


Steven Monday 17 December 2018 at 4:05 pm | | news | No comments

Bulgaria introduces first note of new series

The Bulgarian National Bank has announced it will introduce an updated deign of its 100-lev banknote. This banknote is the first of a new series. The basic design of the new series is pretty much the same as the existing banknotes but the security features have been updated. 

The updated banknote will be available from 28 December 2018. 

  • Additional sign for blind people: consists of five thick and six thin lines located at an angle of the two short sides of the banknote.
  • Hologram band with optical effects: alternating images of edelweiss and the profile of Aleko Konstantinov; color holographic portrait of Aleko Konstantinov; detail from a monument of Aleko Konstantinov, changing its color from emerald green to sapphire blue; dynamic chess effect with change of color from emerald green to sapphire blue and a three-dimensional image of the number 100.
  • Optical ink: the number 100 is printed with color changing ink with a dynamic chess effect that changes from emerald green to sapphire blue (SPARK).
  • Security thread: embedded in the paper and partially protruding from the reverse side with a light repeating text "BNB 100" and with a dynamic chess effect, changing its color from emerald green to sapphire blue. The image of the repeating text "BNB 100" is read from the front when the banknote is placed against a light source.
  • High-resolution watermark: observed when the banknote is placed against a light source. It consists of a high resolution halftone image of the portrait of Aleko Konstantinov. The images are also seen on the reverse side of the banknote.

Steven Monday 17 December 2018 at 3:45 pm | | news | No comments
Used tags: , ,

Algeria ready for two new banknotes this year

The Banque d'Algérie has already printed the new 500- and 1,000-dinars banknotes and they might be issued before the end of this year. 

The 500-dinars will have as its main motif Science and Technology and show the technological advancement of Algeria over the years. The 1,000-dinars note has National Traditions and Customs as its motif and will have the Great Mosque of Algiers as an image. The Great Mosque is being built right now and will be the largest in Africa, with the world’s tallest minaret at 265m. The new notes will probably be printed on a better (perhaps hybrid) substrate and will have advanced security features.

Update 26-01-2019: rumour has it that the new banknotes have been postponed until the Great Mosque of Algiers is inaugurated. So that's until.....???

Steven Friday 07 December 2018 at 09:42 am | | news | No comments
Used tags:

Egypt announces its first polymer banknote for 2020

The Central Bank of Egypt has announced its intention to start issuing polymer banknotes from 2020. The first polymer banknote will be a 10-pounds note, according to gdnonline.com

In a statement to state-run Middle East News Agency (MENA), CBE Governor Tarek Amer said that the polymer banknotes would be more durable than paper ones.

"Polymer banknotes are already being used in major economies," he said, adding that the initiative would benefit Egypt’s currency market, slash printing costs and enhance the quality of banknotes.

He said banks would start issuing the polymer banknotes, with a denomination of 10 pounds, at its printing headquarters in the new administrative capital.

Steven Friday 07 December 2018 at 09:37 am | | news | No comments
Used tags: ,

Yemen to issue new 100-riyals note early 2019

According to Buyemen.com  the Central Bank of Yemen wil issue a new 100-ritals note early 2019. The new notes are printed in Russia. The Central Bank also announced that it is considering issuing a coin to replace the 50 riyals banknotes.

A first glance of the new banknote:

Steven Friday 07 December 2018 at 09:33 am | | news | No comments
Used tags:

UAE issue commemorative 100-dirham note

The United Arab Emirates Central Bank has issued a 100-dirham note in commemoration of the Year of Zayed, which coincides with the 47th National Day. The banknote carries a "Year of Zayed" logo. The new banknote pays tribute to the life of the UAE’s Founding Father, the late Sheikh Zayed Bin Sultan Al Nahyan

Courtesy of Triaff Nikitin. 

Steven Friday 07 December 2018 at 09:18 am | | news | No comments