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Cuba to issue new banknotes

Banknotes, Currency, NewsBy SMI 24/11/2014

According to various news reports, the Central Bank of Cuba (Banco Nacional de Cuba) has announced that it will be introducing new security features to its banknotes as part of its monetary reform. The denominations affected will be the 20, 50 and 100 pesos and will notably have an updated watermark image. Source: CubaSi

New Zealand reveals new banknote designs

Banknotes, Currency, NewsBy SMI 21/11/2014

The Reserve Bank of New Zealand has unveiled designs for their next series of banknotes. Named “Brighter Money”, the new notes use bright colours in their designs and will also incorporate modern security features whilst continuing to use polymer substrates. The Bank states that the new banknote series will continue to use the same denominations,…

De La Rue’s Safeguard® used for new Gambia banknote

Banknotes, Currency, NewsBy SMI 19/11/2014

De La Rue has reported that it’s SafeGuard® polymer substrate has been selected by the Central Bank of The Gambia for its new 20 Dalasi banknote denomination. The new banknote is being issued into circulation to commemorate 20 years of governance by the President His Excellency Sheikh Professor Alhaji Dr. Yahya Abdul-Azziz Jemus Junkung Jammeh. De…

Crane Currency and the Bank of Morocco to print international banknotes

Banknotes, Currency, News, TechnologyBy SMI 14/11/2014

Banknote printer Crane Currency has entered a partnership with the Central Bank of Morocco, Bank Al-Maghrib, to print international banknotes. A statement detailing the partnership was issued on websites for both Crane and Bank Al-Maghrib dated November 12, 2014. The agreement is expected to be beneficial for both parties, by contributing “to the global expansion…

Mauritius begins “Clean Bank Note Program”

Banknotes, Currency, NewsBy SMI 05/11/2014

On the 3rd November 2014, the Central Bank of Mauritius announced that it is to embark on a “Clean Bank Note Programme” due to finding an increasing number of banknotes which have been defaced. “The Bank has noted, with concern, an increasing number of instances where banknotes are being defaced, either by writing, printing, drawing…