Guinea announces new 20,000-francs note

The Central Bank of the Republic of Guinea (BCRG) has announced that a new banknote of 20,000 Guinean francs will be issued on 11 May 2015. The design of the new note emphasizes the modernity and openness of Guinea to the world which is symbolized by two pigeons taking flight.

On the front, the new note shows Guinean women in dedication to the central role they play in the economic life of Guinea. On the back, the hydroelectric dam Kaléta shows the desire of Guinea to become energy self-sufficient. The banknote will be covered with a protective layer on the front and back, making it more resistant and more durable. Also markings for the visually impaired will be added to the note. 

Update 20-05-2015: banknotenews.com has updated images of the new note.

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Steven Monday 04 May 2015 at 10:11 am | | news | No comments

Burundi issues new series of banknotes

The Bank of the Republic of Burundi has announced and issued a new series of banknotes. The first 4 new notes will be of 500, 2000, 5000 and 10,000 francs. The design of the notes is characterized by the national flag and a particular animal. On the back is the logo of the BRB and a map of Burundi that contains an image symbolizing an economic activity.

As for security, the new notes have the following features:

  • a windowed metallic security thread embedded in the paper, with the letters "BRB"
  • a color-changing effect when the note is tilteda sign for the visually impaired
  • a visible watermark representing one of the two national heroes (the Prince Louis Rwagasore or President Melchior Ndadaye)
  • a transparent fish image visible on both sides of the note

The new notes will circulate side-by-side with the existing notes for three months after which the old notes will cease to be legal tender. The existing notes of 10, 20 and 50 francs will also cease to exist. A new note of 100 francs will however be introduced at a later date. It's unclear to me why they didn't introduce that one at the same time. Perhaps this a cost-related issue since the Bank has also urged the public to take care of the new notes and not bend them more than twice because the replacement of the notes is a costly affair... In my opinion the cost for designing them could also have been a little higher because it looks to me like an amateur photoshop job. But hey, that's just my opinion. 

A leaflet with more information on the newly introduced notes can be found here.

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Steven Sunday 03 May 2015 at 10:04 am | | news | One comment
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Nepal has issued a new 1,000-rupees note

The Central Bank of Nepal (Nepal Rastra Bank) has issued a new 1,000-rupees note on 27 February 2015. It looks like the 2008 issue but with a different signature and the addition of the name Nepal Rastra Bank on the back. 

Image courtesy of Shankar Shrestha of www.nuphil.com

Steven Friday 24 April 2015 at 8:29 pm | | news | No comments
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Nepal pre-qualifies security printers

The Central Bank of Nepal (Nepal Rastra Bank) has pre-qualified 10 security printers for the printing and supply of banknotes. From the article on Ekantipur.com: "(...) These firms, which were selected from among 11 applicants, are eligible to bid for contracts to print Nepali paper currency , the central bank said.

Among the short listed companies, two are from Germany and the rest are from China, Sweden, England, the Netherlands, Canada, France, Russia and Indonesia.

De La Rue Currency of England and Giesecke & Devrient GmbH of Germany have handled many printing orders for Nepali banknotes, according to NRB. “They were selected based on their technical qualification,” said a central bank official.

NRB had called for pre-qualification tenders in January. A senior NRB official said that the pre-qualified firms would be eligible to bid for printing contracts for at least two years or one round of printing of all the denominations of Nepali banknotes.

The central bank currently prints banknotes of Rs 5, Rs 10, Rs 20, Rs 50, Rs 100, Rs 500 and Rs 1000 denominations. The NRB official said that normally a firm quoting the lowest amount would be awarded the contract.

The central bank has planned to award the contract for printing Rs 100 notes during this fiscal year. It usually plans to keep stocks of paper currency for a period of three years and three months."

All the companies:

  • China Banknote Printing and Minting Corporation - China
  • Giesecke & Devrient GmbH - Germany
  • Bundes Druckerei GmbH - Germany
  • CRANE AB, SE-147 82 - Sweden
  • De La Rue Currency - England
  • Joh Enschede Banknote Bv - The Netherlands
  • Canadian Bank Note Co Ltd - Canada
  • Oberthur Fiduciaire, Siege social 7 - France
  • Federal State Unitary Enterprise - Russia
  • Perum Peruri - Indonesia

Steven Tuesday 14 April 2015 at 8:34 pm | | news | No comments
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Solomon Islands issue new 100-dollar note

The Central Bank of the Solomon Islands has issued a new banknote of 100 dollar on 10 April 2015 designed by De la Rue. From the press release:

"The Central Bank of Solomon Islands has today issued their new $100 banknote.  In keeping with the new $50, this new note uses strong images and bold colours to reflect the vibrancy of the islands. 

The overall theme of the note is rural life, depicting particularly the coconut as a major source of income in the rural Solomon Islands.  On the front of the note, the abstract pattern work is based on a geometrical design and represents the swirling movement of shoals of fish whilst images portraying rural livelihood, social and economic activities in rural Solomon Islands are shown on the back. 

As on the $50, the most prominent security feature is the Optiks super wide security thread with a transparent window.  This Optiks technology was recognised in 2013 when De La Rue received the Queen’s Award for Enterprise: Innovation for the thread and its associated paper making process.

On the occasion of the launch of the new $100, the Governor of the Central Bank of the Solomon Islands Denton Rarawa commented “This beautiful banknote is the result of the continued close collaboration between the Central Bank and De La Rue.  We thank them for their contribution to the launch of this new note, the second note of our new banknote series”.

De La Rue’s Sales Director Ruth Euling said ”We are delighted to see the issue of this new note and are proud of our continued association with the Solomon Islands, a relationship that dates back almost a century to 1916”." 

Steven Tuesday 14 April 2015 at 8:26 pm | | news | No comments
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Thailand to issue new commemorative 100-baht note

The Bank of Thailand has announced plans to issue a new commemorative banknote in honor of "Her Royal Highness Princess Maha Chakri Sirindhorn’s 5th Cycle Birthday Anniversary". Thailand has a long history of commemorative notes honoring birthdays of the royal family. For a list of commemorative notes see this wikipedia entry.

The new note of 100-baht will be issued on 2 April 2015, the Princess’ birthday. The commemorative banknote is red and measures 72 x 150 mm. It depicts on one side the portrait of the Princess and the scene of royal duties of Their Majesties the King and Queen. Special yellow-colored ink is printed on the portrait of the Princess and the surrounding elements are featured with fluorescent color. The banknote is available at state and commercial banks across the country.

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Steven Thursday 02 April 2015 at 08:15 am | | news | No comments
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United Arab Emirates issues updated new notes

The United Arab Emirates Central Bank has issued updated 50- and 100-dirham notes on 9 March 2015 with features for the blind and sight-impaired. From the Emirates News Agency:

"The banknotes will include new tactile features for the blind and sight impaired, engraved in bleed-off intaglio printing on the edge of the banknotes’ short sides. The tactile feature on the AED 100 denomination consists of two horizontal lines, centered around the middle of the right and left short sides of the note, separated by a recognisable distance.

The tactile feature on the AED 50 denomination consists of four horizontal lines next to each other in the middle of the right and left short sides of the note.

The Metallic ink surrounding the UAE emblem on the front top half of the note is replaced by multicolored shifting element for denomination AED 50.

The overall design and other specifications of the two notes are the same as in the currency notes currently in circulation."

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© banknotenews.com

Steven Sunday 29 March 2015 at 9:40 pm | | news | No comments

Argentina presents new 100-peso banknote

Argentine President Cristina Fernández has presented the design of a new 100-peso note. The note is dedicated to the mothers, grandmothers, children and grandchildren of Plaza del Mayo. This square is where the Mothers of the Plaza del Mayo have been gathering to commemorate the people who have vanished during the military dictatorship. 

An issue date hasn't been given yet, but personally I can't wait. What a beautiful banknote!

Steven Sunday 29 March 2015 at 9:16 pm | | news | One comment
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Britain sees its first polymer banknote

According to several newssites the first polymer note has been introduced in Britain. The 5-pound note from the Clydesdale Bank has been introduced in Scotland and features an image of the Forth Bridge to commemorate the 125th anniversary of the structure. The new note also features a portrait of Sir William Arrol, whose company constructed the bridge among many other landmarks in Scotland. A previous post about this new note can be read here.

Steven Wednesday 25 March 2015 at 12:50 pm | | news | No comments

Mujand Trading Company issues 5th fantasy set

One of the most interesting fantasy banknote series is the one from the Mujand Trading Company. Previous posts about their sets can be read here, here and here. What I like about these sets is not only their beautiful and innovative design but especially the whole story and mythology behind them. The fictional planet Blissdane Naïve and the different nations on the planet provide a fascinating backdrop for the different banknote sets.

Now a fifth set has been released, from the nation of Perish Island. The story goes that this island regularly sinks beneath the water and now has submersible houses on it (please read the whole fantastic story of why this happens here). Following this story the banknotes have been made of a waterproof polymer material. The front of the notes shows half of the portraits above water, while the backs shows the other half of the portrait under water. Front and back put together makes the portrait complete. How brilliant is that?

The set can be bought exclusively at the eBay store of Yuri111.

Steven Wednesday 18 March 2015 at 08:33 am | | news | One comment
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Vote for the Banknote of the Year 2014

The annual IBNS competition for Banknote of the Year is underway. If you're a member of the IBNS you can still cast your vote here until 29 March 2015. The winner will be announced at the Papermoney Fair Maastricht in Valkenburg aan den Geul which will be held 25-26 April 2015. Below are the nominations of 2014.

Steven Monday 16 March 2015 at 3:06 pm | | news | No comments
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Maldives announce new series and new denomination

Banknotenews mentions two articles dealing with new notes in the Maldives. The first article on Sun.mv states that the Maldives Monetary Authority will replace the 5-rufiyaa note with a coin in 2016, and will introduce a new denomination of 1,000-rufiyaa in October of this year.

The second article (also from Sun.mv) mentions the winner of the competition for designing the new series of banknotes. The winner is Abdulla Nashath. Javaahirumaage, Baa Kendhoo. The new series of notes, which is called Randhihafaheh, will be printed on polymer instead of paper. The 10-, 50-, and 1,000-rufiyaa notes will be issued in October 2015. The 100- and 500-rufiyaa will be issued sometime in 2016.

The two articles don't mention the commemorative note which is also scheduled for this year.

Steven Wednesday 11 March 2015 at 9:07 pm | | news | No comments

Hong Kong to issue new commemorative note

HSBC has announced that a new commemorative note of 150 dollar will be introduced in Hong Kong to commemorate the 150th anniversary of HSBC in Hong Kong. 

The notes are available as a single note in a folder, a 3-in-1 uncut set in folder, and a 35-in-1 uncut set. Sets can be ordered by anyone aged 18 or above with a valid Hong Kong Identity Card or passport and a valid Hong Kong correspondence address and phone number. The deadline for applying to buy notes is 21 March 2015. So no luck for me I'm afraid.

Update 16 March 2015: Wow, see what you can do with this banknote!! Virtual reality coming to a banknote near you? 


Steven Thursday 05 March 2015 at 9:25 pm | | news | No comments
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Iran to introduce new commemorative note

The website FARS News Agency reports that the Central Bank of the Islamic Republic of Iran has announced a new 50,000-rial note in the spring in commemoration of the 80th anniversary of the founding of the University of Teheran.

Below is a picture of the new note.


Steven Thursday 05 March 2015 at 9:19 pm | | news | No comments
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New signature to appear on British banknotes

The Bank of England announced on 24 February that the signature of new Chief Cashier Victoria Cleland will begin to appear on notes which will be issued on 3 March 2015. The notes which will include her signature will be the £10, £20 and £50 denominations, with the first “F” series £5 notes bearing the signature of Ms. Cleland to be printed on polymer and introduced into circulation from the second half of 2016.

source: www.coinupdate.com

source: www.coinupdate.com

via

Steven Friday 27 February 2015 at 10:18 am | | news | No comments