Various online news sources have reported that the Central Bank of Myanmar has circulated a new 10,000-kyat banknote. The note, which is the highest denomination of the Myanmar banknote series and worth around US$8.70, is reported to have “improved” security features to help reduce the risk of counterfeiting. The new note will circulate alongside the…
On Monday the 29th June, the National Reserve Bank of Tonga issued a new series of banknotes and coins. The new currency designs replace the portrait of the late King George Tupou V with his successor and brother, King Tupou VI. The new coronation currency replaces all coins and banknotes with up to date security…
An article by American news channel CNBC reports of an increase in tipping within some service businesses since the introduction of mobile payments. Restaurants are reporting that they have seen an increase in the percent value which has been given as a tip when paying for their meal since they installed mobile payment systems within…
The National Bank of Poland has reportedly announced that it will be issuing a 500 zloty banknote. The Central Bank has said that the new denomination, which will become the highest denomination in the Polish banknote series, will be issued within the next 2 years. The new note design will include a portrait of King…
De La Rue plc. announced yesterday that it had joined forces with Japanese printing company Dai Nippon Printing Co., Ltd (DNP) to collaboratively develop anti-counterfeit technologies for secure identity documents. The announcement said that the agreement was signed earlier this month and that the partnership will: “centre on the development and delivery of sophisticated new…
During the annual Currency Conference, held this year in Vancouver, Canada, the International Association of Currency Affairs (IACA) announced that the sixth issue of Kuwaiti Dinar banknotes had been awarded the 2015 International Award for Best Banknote Issue. The highly noted IACA award was determined by Central Banks from around the world and other international…
The Dutch National Bank (DNB) has released an app which can be used to identify if a euro banknote is genuine or counterfeit. The app, which can be used on the iPhone 5 or higher, uses the device’s camera to scan the banknote and, the DNB claims, in many cases can identify straightaway whether the…
The Maldives Monetary Authority, the country’s Central Bank, has announced that its next series of banknotes will be printed using De La Rue’s Safeguard® polymer substrate. The new family of notes will consist of denominations currently circulating (10, 20, 50, 100 and 500 Rufiyaa), the new 1,000 Rufiyaa note which is due to be issued in…
The International Bank Note Society (IBNS) has announced that the winner of the 2014 Bank Note of the Year award is the 50 dollar polymer note from the Central Bank of Trinidad and Tobago. The note, collaboratively produced by the Central Bank and De La Rue, commemorates the Bank’s 50th anniversary and has been in…
On the 29th April 2015, the Bank of the Republic of Burundi (BRB), the country’s Central Bank, launched a new series of banknotes consisting of BIF 500, BIF 2000, BIF 5,000 and BIF 10,000 notes. The paper notes are designed using bright colours, different to the design of the denominations before them: the 500 is…