Change of notes in Tunisia

News from Tunisia today: the banknotes of 20 dinars (1992), 30 dinars (1997) and 50 dinars (2008) will continue to be legal tender until 31 March 2013. Afterwards these may be redeemed at the branches of the Banque Centrale de Tunisie until 31 December 2017. Furthermore the Banque Centrale de Tunisie plans to issue new banknotes of 5 and 10 dinars dated 2012, and eventually withdraw from circulation the current ones. No dates have been yet established.


Steven Tuesday 12 March 2013 at 10:11 am | | news | No comments
Used tags:

Three new notes for Tajikistan

After the introduction of the 5 and 10 Somoni banknotes last year, the National Bank of Tajikistan has now introduced the new 20, 50 and 100 Somoni notes. According to this press release from 4 March 2013 the notes have been issued with enhanced security features.

Amongst those security features are a kinegram with a laser printed serial number in relief.

Steven Wednesday 06 March 2013 at 09:01 am | | news | No comments
Used tags:

Iran to issue larger denomination?

From Iran’s Central Bank plans to issue banknotes with twice the value of the largest ones in circulation, Donya-e-Eqtesad reported, citing Majid Saniei, an official at the financial institution.

The bank will start printing 200,000-rial ($16) banknotes as soon as it receives permission from the Economy Ministry and will release the new notes into circulation in the Iranian new year starting March 21, the Tehran-based daily quoted Saniei, head of Iran’s security and minting organization, as saying.

The Central Bank is also seeking approval for 500,000-rial notes and plans to introduce these in two years’ time, Saniei said. Iran’s largest banknote at the moment is 100,000 rials. 

Steven Tuesday 05 March 2013 at 09:09 am | | news | No comments
Used tags:

New varieties for Croatia

The Croatian National Bank has announced that new varieties of the 10 and 20 Kuna will be issued on 18 March 2013. They will be the same as the current issues but with a new date (9 July 2012) and a new signature of Boris Vujcic.

The current 10 and 20 Kuna:

10 Kuna - P38

20 Kuna - P39

Steven Thursday 28 February 2013 at 12:41 pm | | news | No comments
Used tags:

Vote now for Banknote of the Year 2012

Members of the IBNS can now cast their votes for the annual Banknote of the Year election. You can select a first, second and third preference which get 3, 2 and 1 points. Voting closes 23:59 GMT on 18 March 2013 and the winner will be announced at the annual meeting in Valkenburg in April. 

The nominees can be found here and are in no particular order:

My personal top 3:

1. South Africa's 200 Rand Note

2. Scotland's 10 Pound Note

3. Canada's 50 Dollar Note

Steven Thursday 21 February 2013 at 08:07 am | | news | No comments
Used tags: ,

New banknotes Venezuela?

A website from Venezuela has shown banknotes of 200 and 500 bolivares which might be issued later this year. An exact date or confirmation of this news hasn't been given yet.

Below are images of these new banknotes, along with the current circulating banknotes in Venezuela.

Steven Wednesday 20 February 2013 at 08:16 am | | news | No comments
Used tags:

Design of new banknote Iceland is finished

From the News of Iceland: "The development and design of a new Iceland bank note or bill, is finished. The 10 thousand ISK bill will be initiated this year, probably this spring. The first bills will come to Iceland this spring, around the same time as the Eurasian golden plover, a common bird in Iceland that will appear somewhere on the bill.

Graphic designer and artist Kristín Þorkelsdóttir developed the ten thousand ISK bank note. She says it was a lot of work, but that the bill will be beautiful. Kristin also designed the other Icelandic bills currently in use.

Jónas Hallgrímsson (1807-1845), natural scientist and poet will appear on the bill as well as the Eurasian golden plover. Jonas Hallgrimsson was interested in the plover and mentioned her in some of his poems."

Update 3 april 2013: there are reports that the new note won't be issued until the autumn or winter of 2013.

Steven Tuesday 19 February 2013 at 08:13 am | | news | No comments
Used tags: ,

New commemorative note for the Philppines announced

According to this article the Catholic Bishops Conference of the Philippines (CBCP) has approved the proposal to use an image of San Pedro Calungsod on a commemorative 50 pesos banknote that will be circulated in April this year. The banknote will commemorate the canonization of Calungsod by Pope Benedict XVI on 21 October 2012 in Rome, Italy.

Calungsod was a teenaged catechist who joined the Jesuit missionaries in the Marianas islands with Diego de San Vitores. They were both killed by the natives on 2 April 1672, which is the feast day of the teenaged saint.

According to CBCP News online, Henrietta de Villa, the secretary general of the National Commission on the Canonization of Calungsod, announced that the commemorative bill will be circulated nationwide by 2 April 2013.

Steven Wednesday 06 February 2013 at 08:30 am | | news | No comments

New banknotes Libya announced. Again.

An article from the Libya Harald: "The Central Bank of Libya (CBL) has announced that it will launch the new Libyan banknotes on the second anniversary of the 17 February Revolution. It had earlier announced that it would start issuing new Libyan banknotes as of 31 January.

The new notes have values of one, five, ten, twenty and fifty dinars. Apparently, the LD 50 notes, previously shelved to try and control the black economy, will now be issued. The total value of the new banknotes is understood to be LD 116 billion. The Governor of the Central Bank, Saddek Elkaber, said yesterday that the new money had been printed in a record time of just ten months.

He added that the new banknotes had been modernised and improved, even including "a property that allows blind people to identify their financial value." He added that the new notes would reduce forgeries because of features such as security tags and the use of four  colours. Once the new banknotes have been issued, there will be a phased withdrawal of the old ones."

So another announcement in the neverending saga (1, 2, 3) from Libya. This time around though we also have pictures from the front of the notes!


Steven Tuesday 05 February 2013 at 08:41 am | | news | No comments
Used tags:

New banknotes Libya today?

The Libya Herald reports that the long awaited new banknotes will be issued today.

The Central Bank of Libya says that it will start issuing new Libyan banknotes as of thursday. The notes have face values of one, five, ten and twenty dinars. There were plans to bring in a 50 dinars note but the Bank decided against it in a bid to control the black economy. According to the Bank’s Facebook page, there will be a special event at the Bank in the morning to launch the new notes attended by the chairman, Saddek Elkaber, the vice chairman, members of the board and  CEOs of other banks. The new notes arrived on Wednesday at Mitiga airbase and will slowly replace the old ones.

Given the bad information in the past about the Central Bank and the new banknotes, I will only believe it when I see it.

© Banknotenews

Steven Thursday 31 January 2013 at 09:18 am | | news | No comments
Used tags:

Cambodia issues a new commemorative banknote

The Chinese website Gobal Times reports: The National Bank of Cambodia officially issued a new 1,000-riel banknote in order to remember and dedicate to late King Father Norodom Sihanouk. A sub-decree on the issuance of the new 1,000-riel currency was signed by Prime Minister Hun Sen on Tuesday.

The new note displays a portrait of late King Father Sihanouk on the obverse and a picture of a golden swan-shaped float that transported Sihanouk's body on the reverse. It main colors are pink and blue.

During his life time, Sihanouk's photos were printed on the current banknotes of 5,000 riels, 10,000 riels, 50,000 riels, and 100,000 riels. Sihanouk died of illness at the age of 90 in Beijing on October 15 last year. His body is now lying in state at the Royal Palace in Phnom Penh for the public to pay tribute. The body will be moved from the Palace to a custom-built crematorium at the Veal Preah Meru Square next to the Palace on February 1 and kept it for another three days at the site before it is cremated on February 4. About 1.5 million mourners are expected to attend the funeral, which will be safeguarded by some 11,000 security forces.

Born on October 31, 1922, Sihanouk ruled Cambodia from 1941 to 1955 and again from 1993 until his voluntary abdication on October 7, 2004 in favor of his son, the current King Norodom Sihamoni.

Steven Wednesday 30 January 2013 at 12:41 pm | | news | No comments

New security features for UAE banknotes


News from the United Arab Emirates. The National AE reports: "the UAE Central Bank has announced plans that it will put into circulation newly reprinted 100 dirham and 1000 dirham banknotes with fresh security features on Saturday.

The new features include a replacement of the metallic ink surrounding the UAE emblem by multi-coloured ink on the upper half of the front side of the two bills. A multi-coloured 3mm-wide security thread with "AED100" written on the front will also replace the current silver security thread at present. A similar multi-coloured thread will appear on the back side of the 1000 dirham bill.

The Central Bank said the overall design and other specifications of the two notes will stay the same."

Below are the new banknotes. You can see the security features in more detail here for the 100 dirham and here for the 1000 dirham. More information about security features in general can be found in this article.


Steven Wednesday 30 January 2013 at 12:23 pm | | news | No comments