Macedonia announces two new polymer notes

The Narodne Banka na Republika Makedonia (National Bank of the Republic of Macedonia) will issue two new polymer notes of 10- and 50-denari from 15 May 2018.

The current paper notes of the same denominations will cease to be legal tender from 15 May and can be exchanged at any commercial bank until 15 May 2019. 

On 2 May 2015 banknotes of 100-denari will also be issued with the date "May 2018" on it. This will most likely be a modified type of the current note and not a new note.

Steven Thursday 12 April 2018 at 06:43 am | | news | No comments
Used tags: ,

Bolivia presents new 10-bolivianos note

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.

Update: here are the pictures of the new 10-bolivianos note.

Steven Thursday 12 April 2018 at 06:40 am | | news | No comments

Czech Republic picks design for commemorative note

The Czech National Bank has held a competition for the design of the new commemorative 100-korun banknote which should be issued in 2019. The note commemorates the founding of Czechoslovakia in 1919 and the introduction of the korun as the national currency. 

All in all 15 artists, who submitted a total of 17 graphic designs, participated in the competition. The first prize and recommendation for realization was won by designer Eva Hašková for an excellent artistic level, mastering the specifics of the banknotes, a concise portrait and the beautiful harmony of both sides of the proposed note. The bank’s board confirmed on 1 March 2018 the decision to use this design in the note to be issued next year.

I think they chose wisely. 

Steven Thursday 12 April 2018 at 06:27 am | | news | No comments

Peru issues new 20-nuevos soles banknote

The Banco Central de Reserva del Perú has issued a new 20-soles banknote. It looks similar to the existing 20-nuevos soles but it now has the new currency name on it. 

In December 2015 the Congress of Peru decided to change the name of the national currency from "nuevo sol" to just "sol". The nuevo sol was the new name for the currency from 1 July 1991 when it replaced the old "inti". Both the old and new version of the banknote will co-circulate. 

Steven Thursday 12 April 2018 at 06:17 am | | news | No comments
Used tags: ,

Swiss 10-francs note Banknote of the Year 2017

The Swiss National Bank (SNB) has won the Banknote of the Year Award 2017 for the second time in a row. The 10-francs note has been announced as the winner of the annual competition by the IBNS. 

"In the closest vote ever the Swiss 10 Franc polymer/hybrid note narrowly edged out runners-up from the Royal Bank of Scotland (£10 with female scientist)Canada ($10 with 4 politicians and regions)Fiji (unique $7 featuring their first Olympic gold medal and rugby “7’s” team)Norway (100 Kroner Viking long ship), and Djibouti (40 Franc whale shark). This is the fourth consecutive hybrid / polymer note to win the coveted IBNS Bank Note of the Year Award.

The Switzerland 10 Franc note is part of the first new design the Swiss National Bank has released in 20 years.  Printed by Orell Fussli Security Printing Ltd. in Zurich, all notes from the new 9th series feature national experiences and abstract themes.  Incorporating the latest in technological security standards and using three layer substrate Durasafe®, this gorgeous yellow vertical banknote depicts human hands conducting an orchestra with a globe showing time zones and the punctual Swiss rail system."

Steven Saturday 07 April 2018 at 6:39 pm | | news | No comments
Used tags: ,

Bangladesh introduces commemorative 70-taka note

The Bangladesh Bank has introduced a new banknote of 70 taka to commemorate the nation's development. 

The front of the note shows the portrait of the Father of the Nation Sheikh Mujibur Rahman, the National Martyrs' Memorial, the Betbunia Satellite Center and the map of Bangladesh. The back shows the portrait of Prime Minister Sheikh Hasina, the Bangabandhu-1 Satellite, which will be the first satellite of Bangladesh scheduled to be launched in April 2018, and the Padma Bridge which is currently under construction and expected to be finished at the end of 2020. 

Steven Friday 30 March 2018 at 4:18 pm | | news | No comments

Venezuela announces new currency and banknotes

The Central Bank of Venezuela will issue a new family of banknotes with a new name for its currency. The new currency will be called "bolívar soberano" equal to 1,000 bolívares fuertes.

The new series will be issued from 4 June 2018 and will have denominations of 2-, 5-, 10-, 20-, 50-, 100-, 200- and 500-bolívares soberanos. The new name of the currency doesn't appear on the new banknotes. 
Venezuela, potentially one of the richest countries in the world, is completely bankrupt due to a corrupt government, bad economic policy and the constant blaming of other countries for its own problems. New banknotes and a new currency won't change any of their problems of course but hey: something new for us collectors. 

Steven Friday 23 March 2018 at 4:38 pm | | news | No comments

Lebanon to issue improved 100,000-livres note

The Central Bank of Lebanon (BDL) will soon issue improved banknotes of 100,000 livres with a wider security thread in three segments and reveals the initials of the BDL if you hold against the light.

The original note was issued from 1 January 2017 and the improved note will be issued from 10 April 2018. 

Steven Friday 23 March 2018 at 4:30 pm | | news | No comments
Used tags: ,

Switzerland announces 200-francs note

The Swiss National Bank (SNB) has announced when the new 200-francs note will be issued. In the press release it says: "With the 50-franc, 20-franc and 10-franc notes now issued, the next denomination in the new series to be released will be the 200-franc note. It will be presented on 15 August and will enter circulation on 22 August 2018. The key motif of the 200-franc note – matter – showcases Switzerland’s scientific expertise."

I'm very curious about the design of the note because so far the new series has been beautiful in my opinion.

Steven Friday 23 March 2018 at 4:01 pm | | news | No comments
Used tags:

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
Used tags: , ,

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
Used tags:

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
Used tags: ,