NEWS

Kazakhstan issues 10,000 tenge bill featuring Nursultan Nazarbayev’s image

Sourse: Reuters; The Crusader Journal Kazakhstan’s central bank unveiled a new banknote on Tuesday, Nov 15  featuring the portrait of President Nursultan Nazarbayev. “All Kazakhstan’s achievements since independence are inextricably linked to the First President of the Republic of Kazakhstan Nursultan Nazarbayev,” national bank chairman Daniyar Akishev told a news conference in the capital Astana. The 10,000 tenge bill will enter circulation from December 1 to commemorate the 25th anniversary of...

India: Rs 500 & Rs 1000 Currency Notes Now Illegal. RBI To Issue New 500 and 2000 Rupee Notes From Thursday, November 10

Source: BBC News – 9.11.2016;   NDTV Indian Prime Minister Narendra Modi has announced that the 500 and 1,000 rupee banknotes will be withdrawn from the financial system overnight. The surprise move, announced on Tuesday evening (8 of Nov 2016), is part of a crackdown on corruption and illegal cash holdings. The 500 and 1,000 rupee notes are the highest denomination notes in the country and are extremely common in India. Airports,...

The National Bank of Macedonia Introduces new banknotes in denominations of 200 and 2,000 Denars

Source: Independent – Macedonian News Agency; NBRM As of December 15, the National Bank of the Republic of Macedonia (NBRM) will release banknotes of MKD 200 and MKD 2,000 and withdraw the MKD 5,000 banknote from circulation. NBRM says the issuance of these banknotes results from the perceived need for rebalancing of the existing structure of banknotes in circulation. “The existing structure of banknotes, introduced in 1996, has not...

Royal Bank of Scotland issued its first polymer note on Thursday, October 27th

Source: RBS ;  Daily Record The Royal Bank of Scotland Group (RBS) has launched its first polymer note with a new £5 note entering general circulation on Thursday, October 27th. The £5 features illustrations of Scottish poet Nan Shepherd and is part of a new series of ‘Fabric of Nature’ themed notes, and the back features two mackerel – the most valuable stock for the Scottish fishing industry – as well...

Georgia’s new 100 Lari banknote

Source:  National Bank Of Georgia 23.09.2016 Press release: Upgraded 100 Lari Denomination Banknotes Will Be Into Circulation From November 1, 2016 From November 1, 2016, on all over the country upgraded 100 Lari denomination banknotes will be in circulation along with the banknotes of the previous emissions. Original and well-known Lari banknote themes have been preserved on upgraded 100 Lari denomination banknotes, but at the same time, histories featured on the...

The new Fiver has arrived

Source:  Bank of England 13 September 2016 Press Release: The Bank of England’s first polymer note – the new £5 featuring Sir Winston Churchill – enters circulation today, Tuesday 13 September. The New Fiver is cleaner, safer and stronger. The introduction of polymer banknotes allows for a new generation of security features which make it even harder to counterfeit. The note is also resistant to dirt and moisture and...

Next generation of Australian banknotes

Source: RBA The new $5 polymer banknote was issued on 1 September 2016. This is the first denomination in the new banknote series, and the fourth polymer $5 banknote issued since 1992. The banknote has a range of innovative new security features designed to keep the banknote secure from counterfeiting into the future. Each denomination in the new series of banknotes will feature a different species of Australian wattle...

Russian Central Bank to introduce 200 and 2,000 ruble notes in late 2017

Source: CBR; “Russia Beyond The Headlines” New banknotes with denomination of 200 and 2,000 rubles will be in circulation in late 2017, Chief of Russia’s Central Bank Elvira Nabiullina told a press conference held at the TASS news agency on June 28 2016. The head of the Central Bank said that images for the new banknotes will be chosen during a three stage contest. At the first stage the Russian citizens...

ECB unveils new €50 banknote

Source:  ECB  Press Release 5 July 2016 The European Central Bank (ECB) today unveiled the new €50 banknote, which will enter into circulation on 4 April 2017. After the €5, €10 and €20, the €50 is the fourth denomination in the second series of euro banknotes, known as the Europa series. The €50 is the most widely used euro banknote, accounting for 45% of all banknotes in circulation. There are more...

The Belarusian ruble was redenominated

Source:  NBRB On 4 November 2015 the National Bank of the Republic of Belarus announced that the existing notes will be replaced by the new ones due to the redenomination at a rate of 10,000:1. On 1 July 2016 were introduced seven denominations of banknotes: 5, 10, 20, 50, 100, 200, 500 rubles and eight denominations of coins: 1, 2, 5, 10, 20, 50 copeek, 1 and 2 rubles. Belarus...