Paraguay has updated security features on three notes

The Banco Central de Paraguay has issued three updated versions of the 20,000-, 50,000 and 100,000-guaranies notes, several sites report. The three denominations have the same overall design as the current notes but have a new security thread, an updated watermark and new UV-features.

Below are examples of the new security thread in the three notes (source).

20,000 guaranies, G-series

50,000 guaranies, I-series

100,000 guaranies, I-series

Steven Friday 30 December 2016 at 09:23 am | | news | No comments
Used tags: ,

Russia will issue banknote for FIFA World Cup 2018

Russian banknote printer Goznak has issued a statement announcing a commemorative banknote celebrating the World Cup Football which will be held in Russia in 2018. From the site:

"Working upon the design of the commemorative banknote dedicated to the World Cup 2018 is almost accomplished. At the moment, there exist at least six design variants. The matter of printing the banknote on no paper but on an untraditional material for Russia is also being discussed. By the end of the year, all decisions concerning the design and technologies should be taken, so that in the middle of 2017 Goznak could start printing the commemorative banknote dedicated to the World Cup. Arkady Trachuk, General Director of Goznak, has told Izvestia about that and some other aspects of working upon the new banknote.  

The 100-rouble commemorative banknote dedicated to the World Cup of 2018 will already be the third of the kind. The commemorative banknote dedicated to the Olympic Games in Sochi in 2014 was the first, and the 100-rouble banknote dedicated to the reunion with Crimea issued in 2015 was the second one. The fact that the Central Bank was planning to perpetuate the World Cup of 2018 in a banknote became known at the end of last year."

The new note will either be made from polymer or a composite material but definitely not paper. Printing will start mid-2017 and the note will be issued about 100 days before the event starts on 14 June 2018 so that would make it around 6 March 2018.

Regarding the design of the new note, some details have been mentioned: "We aspire to show both the history of football and its present on the banknote, to emphasize the involvement of the whole country in the World Cup", Mr. Trachuk noted. 

Arkady Trachuk also said that the artists of Goznak together with their colleagues from the Bank of Russia continue to work upon the design using the results of an artistic competition the company held with the participation of ten educational institutions from the cities that will host the play-offs, who expressed their wish to take part in the artistic competition (Moscow, Saint Petersburg, Samara, Saransk, Sochi, Volgograd, Rostov-on-Don, Kaliningrad, Kazan, Yekaterinburg). And though nobody won the first place that would guarantee that the design idea would be applied on the banknote in full, design elements offered by the students are now taken into account by the professionals. At least six variants are considered now. 

"The artists of Goznak and the Bank of Russia work taking into account the competition results. We are trying to find place for all the cities where the World Cup will take place, on the commemorative banknote. However, we will not be able to depict all the eleven stadiums on the banknote, of course. It is impossible", said Mr. Trachuk.

He informed that the number of 20 million pieces of banknotes was discussed preliminarily. But the decision hasn’t been taken yet.

The colour also remains a mystery. Head of Goznak only noted that it would be a warm pastel shade."

Steven Wednesday 28 December 2016 at 11:49 am | | news | No comments

Argentina reveals rest of new series

The National Bank of Argentina is issuing the new Flora and Fauna-series. The 200- and 500-pesos notes have already been issued but next year the notes of 20-, 50-, 100- and a new denomination of 1,000-pesos will be introduced.

The website Dia a Dia has pictures of the front of the new notes showing the local animals that will replace the currently pictured heroes. The back of the notes will  show the region the animals live in. I'm pretty sure the colors are a bit too saturated in these pictures and the final design will be toned down a few notches.

20 pesos, the GuanacoPatagonia

50 pesos, the Andean Condor, Andes

100 pesos, the Taruca, Argentine Northwest

1,000 pesos, the Rufous Hornero bird, Center Region

Steven Wednesday 28 December 2016 at 11:29 am | | news | No comments
Used tags:

No new banknotes for Malaysia in 2017

Bank Negara Malaysia has denied claims circulating on social media that new 1-, 5-, 50- and 100-ringgit banknotes would be issued in 2017.

The Central Bank stated that it "would like to confirm that this news is not true. The current series of banknotes will continue to be legal tender and remain in circulation”.

Picture on the website of the Bank Negara Malaysia:

© Bank Negara Malaysia

Steven Friday 23 December 2016 at 12:34 pm | | news | One comment
Used tags:

First banknotes with President Duterte's signature

The Bangko Sentral ng Pilipinas (BSP: the Central Bank of the Philippines) has issued the first banknotes with the signature of President Rodrigo Duterte who has been president of the Philippines since 30 June 2016.

"BSP Deputy Governor Diwa Guinigundo said the new bills are similar to those released in 2010 that bore the signature of then President Benigno Aquino III. It features the country's natural wonders and endemic species, such as the Tubbataha Reef and the tarsier."

Steven Friday 23 December 2016 at 12:28 pm | | news | No comments
Used tags:

South Korea reveals Olympic banknote

The Bank of Korea announced in May of this year that in commemoration of the Winter Olympics 2018 which will be held in Pyeongchang from 9 - 25 February 2018 a special banknote will be issued. South Korea follows in the footsteps of China and Russia who also issued special commemorative banknotes celebrating their Olympic games of 2008 and 2014.

The Bank of Korea has now revealed what the new note will look like. "The commemorative note is 140 millimeters wide and 75 millimeters long. The front of the note will feature athletes engaging in seven of the key winter sports events -- speed skating, ski jumping, ice hockey, curling, biathlon, bobsleigh and luge. The other side portrays a tiger and a pine tree, both believed to symbolize the nation, as in the famous “Songhamaenghodo (...)” painting by a leading painter from the Joseon-era, Kim Hong-do (1745-1806 (...)), who went by the pen name Danwon (...)."

I really like the design of this note, especially the subdued color scheme and the combination of modern sports and the classic painting on the back. And as a 'Dutchie' I think the speed skating on the front is very cool of course. The new note will be available for the public at the end of 2017.

Steven Friday 23 December 2016 at 10:47 am | | news | No comments

Nepal has issued a new 20-rupees note

The Central Bank of Nepal (Nepal Rastra Bank) has issued a new banknote of 20-rupees on 16 December 2016.

On the front of the red note we see Mount Everest (Chomolungma) left and a watermark of the national flower 'Rhododendron' in the right side. There is a signature of Governor Dr. Chiranjibi Nepal in the lower part of the note, and there is date mentioned as B.S.2072 in Nepali in the border.

The back shows two swamp deer (Barasingha) and the bank logo, the text 'NEPAL RASTRA BANK'  in English and the text RUPEES TWENTY and 2016 A.D.

Information and images courtesy of Shankar Shrestha of

Steven Tuesday 20 December 2016 at 12:18 pm | | news | No comments
Used tags:

Indonesia issues new banknotes

The Bank Indonesia has issued a new series of banknotes on 19 December 2016. The new banknotes were announced last September and feature the faces of Indonesian heroes.

Although the Bank Indonesia issues the banknotes, the name on the notes reads:  "Negara Kesatuan Republik Indonesia" (The Unitary State of the Republic of Indonesia) instead of "Bank Indonesia".

The people on the new notes are:

Update 23-12-2016: better pictures below:

Steven Tuesday 20 December 2016 at 12:09 pm | | news | No comments
Used tags:

Switzerland gives issue date for new 20-francs note

The Swiss National Bank (SNB) has issued a speech transcription in which the speaker mentions that the new 20-francs banknote will be unveiled on 10 May 2017 and the new note will be issued to the public on 17 May 2017. From earlier reports we know that the new 20-francs note will be red and have Light as its main theme. 

Issuance of the third denomination, the 10-franc note, is planned for autumn 2017. The exact date will be announced in due course. The 10-francs note will be yellow and have Time as its theme.

Steven Friday 16 December 2016 at 9:42 pm | | news | No comments
Used tags:

Saudi Arabia presents new banknote series

The Saudi Arabian Monetary Authority has officially presented the new sixth series of banknotes. The new series has five denominations from 5- to 500-riyals.

Several images were leaked in the social media but below are the official images of the new notes and a video of the presentation. In my opinion, they look pretty nice!

5 riyals

Front: King Salman bin Abdulaziz Al Saud and the Shaybah oil field.

Back: Flowers of Saudi Arabia

10 riyals

Front: King Salman bin Abdulaziz Al Saud and the view of the Murabba Palace square in Riyadh.

Back: King Abdullah Financial District in Riyadh

50 riyals

Front: King Salman bin Abdulaziz Al Saud and the Dome of the Rock in Jerusalem.

Back: Al-Aqsa Mosque in Jerusalem.

100 riyals

Front: King Salman bin Abdulaziz Al Saud and the green dome of the Prophet's Mosque.

 Back: the Prophet's Mosque in Medina.

500 riyals

Front: King Abdulaziz bin Abdulrahman Al Saud and the Kaaba

Back: Great Mosque of Mecca


Steven Wednesday 14 December 2016 at 1:11 pm | | news | No comments
Used tags:

Venezuela withdraws highest-value banknote

If a country is constantly making headlines regarding its money, it's usually not a good sign. The Central Bank of Venezuela is preparing for its new higher denominations to be issued from 15 December 2016, but in the mean time they're withdrawing the current highest denomination, the 100-bolivares note.

This move was needed to help stop criminal gangs profiteering on Venezuela’s border with Colombia, president Maduro said. Venezuelans have only 10 days to exchange their notes at the Central Bank. With the 100-bolivares being worth only 2 US cents one can question the effectiveness of this measure.


Steven Tuesday 13 December 2016 at 08:36 am | | news | No comments
Used tags: ,

SAMA changes name and announces new banknotes

Respect my authority!According to the Saudi Arabian Monetary Agency announced on Sunday that its name has been changed to Saudi Arabian Monetary Authority. SAMA, the bank's acronym, remains unchanged.

Also, Asharq Al-Awsat reports that the SAMA will reveal a new series of banknotes on Tuesday 13 December 2016. The new series will have a new design and updated security features. A spokesperson of the SAMA has also made clear that there will be no 1,000-riyal note.

Update 13-12-2016: Ahead of the planned unveiling some photos of the new banknotes are already circulating online (for instance at More to follow soon:

Update 13-12-2016: And a video with the new banknotes:

Update 14-12-2016: the pictures have been officially published.

Steven Monday 12 December 2016 at 11:40 am | | news | No comments
Used tags: