Maldives 5 rufiyaa banknote design.

Maldives reveals the new 5 Rufiyaa banknote

The Maldives Monetary Authority (MMA) have unveiled the design of the new 5 Rufiyaa banknote. The new polymer banknote is part of the Ran Dhihafaheh note series which launched on 1 November 2016 and circulated on 26 January 2016, consisting of the 10, 20, 50, 100, 500 and 1,000 denominations. The new polymer 5 replaces the last…

Image of a box full of Swiss 20-franc banknote from Louisenthal. Image courtesy of the SNB.

Switzerland introduces the new 20-franc banknote

The Swiss National Bank, the central bank of Switzerland, has today revealed the new 20-franc banknote design The 20-franc banknote is the second of the latest ninth series of banknotes to be issued in Switzerland, following the release of the award winning 50-franc note in April last year. The new note will be issued into circulation…

Thumbnail image of the Switzerland Swiss 50 franc banknote issued April 2016.

Switzerland wins 2016 IBNS Banknote of the Year Award

The International Bank Note Society (IBNS) has announced the new Swiss 50 banknote as the winner of the Bank Note of The Year Award 2016. The 50-franc banknote was issued by the Swiss National Bank in Switzerland in April 2016, the first denomination to be circulated from the country’s ninth banknote series. Printed by Orell Fussli Security Printing…

South Korea trials coinless society

In a move towards a cashless society, South Korea has begun a trial whereby cash paying shoppers can receive their transactional change in the form of a credit deposited onto pre-paid payment cards, instead of coins. The trial begins today following an announcement by the Bank of Korea last year detailing efforts to reduce the volume of circulating coins within the country. Customers…

Image of the front of the Manx five pound coin.

Isle of Man coins begin circulating today

The Isle of Man Treasury has announced the launch of the latest set of Manx circulating coins, including a five pound coin. The new coins will begin circulating from today, Monday 10 April 2017, on the Isle of Man, a self-governing Crown dependency situated between England and Northern Ireland with a population of around 86,000 people. The…

Thumbnail image of Canadian 10 dollar commemorative banknote.

Canada unveils commemorative $10 banknote

The Bank of Canada (BOC) has unveiled a commemorative ten dollar banknote celebrating the 150th anniversary of Confederation. The new $10 banknote was unveiled on Friday 7th April by the Bank’s Governor Stephen S. Poloz and Parliamentary Secretary to the Minister of Finance Ginette Petitpas Taylor at a ceremony at the Bank’s head office in Ottawa.…

Europa_50_banknote

The new euro €50 enters circulation today

The fourth banknote of the Europa series, the euro €50, enters circulation today containing a variety of new, modern security features to help combat the threat of banknote counterfeiting. The new euro €50 banknote denomination includes KURZ’s KINEGRAM ReView® holographic foil stripe including a portrait window. The window displays a portrait of Greek mythology figure Europa, visible on…

View of a harbour in Malta.

De La Rue’s Centre of Excellence opens in Malta

Following an announcement last November, De La Rue opens its Global Centre of Excellence for Security Print on the European island of Malta. The Centre was opened last Thursday, 30 March 2017, by The Prime Minister of Malta, Joseph Muscat. According to De La Rue, it has been designed to “deliver the next generation of…

Image of front and reverse of new one pound coin.

UK’s 12-sided pound coin is launched today

The new 12-sided £1 coin has entered circulation today, said to be the most secure circulating coin in the world. The new coin, issued by The Royal Mint, contains several new features making it difficult to counterfeit. Previously, the one pound coin had become vulnerable to counterfeiters, with one in 30 pound coins in circulation being counterfeit.…