The new year brings a new currency for Lithuanians, as, on the 1st January 2015, Lithuania became the 19th member of the euro currency area, replacing the previous Lithuanian litas currency to the Euro at an exchange rate of €1= LTL 3.45280. Lithuanians have 2 weeks to continue paying for items using Lithuanian litas, but…Details
According to a statement released by the National Bank of Ukraine, a new 100 hryvnia banknote will be released into circulation on March 9, 2015. The new banknote is the result of a long term project to replace the previous banknote series issued between 2003 and 2007. The new notes will run alongside the previous…Details
The European Central Bank (ECB) has announced that the €20, the next banknote from the Europa series of banknotes, will be unveiled on 24 February 2015. The new €20 is the third banknote to be released from the second series of Euro banknote, following the €5 and €10 issued in May 2013 and September 2014 respectively.…Details
Following the unveiling in November, the Central Bank of Nigeria has issued the new commemorative N100 banknote into circulation today. The paper note was first revealed on Wednesday the 12th November by the President, Dr. Goodluck Ebele Jonathan, GCFR, at the Council Chambers, State House, Abuja. The new note not only includes advanced anti-counterfeit security…Details
On the 01 December 2014 the Central Bank of Kazakhstan issued its new 1000 tenge banknote into circulation. The new paper banknote design, which is predominantly coloured yellow and brown, includes 2 SPARK security features from SICPA. It also includes a windowed security thread and watermark amongst other modern anti-counterfeit security features. The note will…Details
A report by The Moscow Times, states that Russia’s Central Bank is to release a 100-ruble banknote commemorating the annexation of Crimea from Ukraine. The banknote is currently being designed and the artwork is yet to be made public. This follows the release of two 10-ruble coins which feature Crimean landmarks – one a Crimean castle and…Details
The increasingly popular virtual currency can now be chosen by users to add funds to their Microsoft accounts to pay for services such as games and videos on XBox games consoles, Windows phone apps and services, or to purchase Microsoft’s software. Rather than making an official announcement, Microsoft added a page to its customer support…Details
Innovia Security have issued a statement advising that the Central Bank of Mauritania has issued its new 1000 Ouguiya banknote printed on Guardian® polymer substrate. Guardian® is now used in 78 banknote denominations, by 24 countries. The Central Bank has reduced the size of the 1000 Ouguiya banknote to 142mm by 70mm which, it says,…Details
According to an article by the Rwandan news agency The New Times, Rwandans have been advised to use less cash in their daily transactions to help minimise banknote wear and tear. John Rwangombwa, Governor of the National Bank of Rwanda, is promoting the use of cashless payment methods, such as electronic cards, and mobile phone…Details
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.