NEWS

Australia’s Next Generation Banknotes: Additional Feature for the Vision Impaired

Source: RBA Media Release 13 February 2015: The Governor, Glenn Stevens, has today announced that the next generation of Australian banknotes will include a ‘tactile’ feature to assist people with a vision impairment. The existing features to help the vision impaired tell the difference between different denominations of Australian banknotes will be maintained on the new series. These include: bright colours; large and bold numbers; and different sizes for each...

Sweden’s new bank notes and coins

Source: Riksbank;  Business Standard News-IANS  Stockholm, February 17, 2015: The Swedish Central Bank, Sveriges Riksbank, has unveiled new coins and bank notes. This is the first time in 30 years for the Swedish Central Bank to issue new banknotes and coins, Xinhua reported Tuesday. The bank notes are smaller in size than the current ones. The new notes feature some of Sweden’s most prominent cultural personalities since the twentieth...

Increase in euro counterfeit banknotes

Source:  European Central Bank;  SMI – Secura Monde International Press Release of ECB 23 January 2015 – More counterfeits in second half of 2014. 507,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2014. 86% of the counterfeits are €20 and €50 banknotes. All euro banknotes can be easily verified using the “feel, look and tilt” method. Euro banknotes continue to be a trusted and safe means of...

Cuba to issue new high denomination banknotes

Source: SMI- Secura Monde International; Prensa Latina News Agency Escambray The Central Bank of Cuba (CBC) will put into circulation high-denomination banknotes from  February 2015 with  values of 200, 500 and 1000 Cuban pesos (CUP). The aim is for the new high denomination banknotes to ease economic transactions, as currently the highest denomination banknote is the 100 peso note. The Vice President of the Central Bank of Cuba, Francisco Mayobre, recalled that...

The Eurosystem will unveil the new Europa series €20 banknote on 24 February 2015

Source: European Central Bank The new €20 is the third banknote of the Europa series to be introduced after the €5 and €10. The ECB and the national central banks of the euro area – the Eurosystem – will unveil the banknote and announce its exact issuance date on 24 February 2015. The Eurosystem is taking several measures to support banknote equipment manufacturers, suppliers and owners of machines and...

Belarus considering issuing Br 500,000 banknote

Source:  Belarusial News MINSK, 20 January (BelTA) – The introduction of a Br500,000 banknote in Belarus is under discussion, BelTA learned from the National Bank of the Republic of Belarus. “We consider issuing a new banknote valued at Br500,000. The final decision will be made taking into account the current economic situation and will be announced by the National Bank in advance,” the bank said.

Central Bank of Kazakhstan issues new 1000 bill

Source: Tengri News  16 december 2014 The Central Bank of Kazakhstan has issued a new 1000 tenge bill, Tengri News reports citing a representative of the bank. The new bill was put into circulation on December 12. “The banknote has already been put into circulation. It will be used alongside the old banknotes issued in 2006,” the representative of the Central Bank said. The 1000 tenge bill is part of the bank’s Samruk series....

Bank of Canada invites Canadians to propose design ideas for a bank note marking Canada’s 150th anniversary

Source: Bank of Canada The Bank of Canada has announced that it will develop and issue a commemorative banknote in 2017 to mark the 150th anniversary of Confederation. Since it was founded, the Bank of Canada has issued two commemorative bank notes:  a special $1 note celebrated Canada’s 100th anniversary in 1967 and a commemorative $25 note was issued in 1935 in honour of the Silver Jubilee of King George...

NORGES BANK IS INITIATING WORK ON A NEW BANKNOTE SERIES

Norges Bank has started on a project to develop a new banknote series. This will be the eighth series of krone-denominated banknotes. There is a need to enhance the security of Norwegian banknotes so that they will continue to be hard to counterfeit. “As the central bank, Norges Bank bears the responsibility that Norwegian banknotes function effectively as means of payment. This means ensuring that the notes’ security features...

The design of a new circulation coin of BGN 2 denomination has been approved

Source: Bulgarian National Bank – Press Release 19 November 2014,   http://bnb.bg/PressOffice/POPressReleases/POPRDate/PR_20141119_1_EN The Governing Council of the Bulgarian National Bank (BNB Governing Council) has approved the design of a circulation coin of BGN 2, issue 2015. The two sides of the coin feature the theme and the image of Paisius of Hilendar taken from the circulating BGN 2 banknotes, issues 1999 and 2005. The same approach has been used to the design of...