Thumbnail image of Hungary 1000 banknote 2017

Hungary upgrades 1,000 forint banknote

As part of its program to upgrade its family of banknotes, the Central Bank of Hungary has begun circulating a new 1,000 forint banknote. The Magyar Nemzeti Bank issued a statement yesterday confirming the issue of the new note which contains new design elements and security features. Whilst the new note became legal tender on the 24 August, it will…

Thumbnail image of the new India 50-rupee banknote denomination, 2017.

India reveals new ₹50 banknote denomination

The Reserve Bank of India has revealed the design of the new ₹50 banknote denomination, part of the new Mahatma Gandhi Series. The new banknote denomination features a portrait of Mahatma Gandhi on the front of the note and an illustration of the Stone Chariot – a shrine dedicated to Gandhi which stands in the Indian village…

Thumbnail image of Uzbekistan 50 thousand banknote 2017

Uzbekistan issues new high value banknote

The Central Bank of Uzbekistan is set to issue a new high value 50,000-soum banknote denomination, to begin circulating on August 22, 2017. According to the Central Bank, the new 50,000-soums (US$12) denomination has been introduced due to the increasing average wage in the country, aiding citizens to “pay salaries, pensions and benefits as well…

Thumbnail image of the Vanuatu 5,000 polymer banknote.

Vanuatu launches new 5,000 polymer banknote

The Reserve Bank of Vanuatu has issued the next denomination of their polymer banknote family, the 5,000-vatu printed on Guardian™ substrate. The new family of polymer banknotes are being gradually circulated. The first denomination to be issued was the 10,000-vatu, circulated on the 28 July 2010. The 200, 1,000 and 2,000-vatu denominations were all released in…