The first fully polymer banknote to be circulated in Great Britain has been launched this week by Clydesdale Bank. The new plastic £5 banknote is available from Clydesdale Bank branches from today, a year before the Bank of England plans to issue its own polymer banknotes. The limited edition banknote is being launched to coincide…
The Bank of Thailand has launched a new 100-Baht banknote. The new banknote is part of the 16th series of banknotes issued by Thailand’s Central Bank, and entered circulation on the 26 February 2015. According to the Bank’s press release, the new banknote continues to use the same colour and dimensions as its predecessor, but…
The European Central Bank has unveiled the new €20 banknote, the latest in the Europa series. The new note, which is the third to be released of the second series of euro banknotes, is to enter circulation on 25 November 2015. It has a number of new security features including an eye catching portrait window…
Have you ever wondered about that banknote in your wallet? Where was it made? How old is it? How many times has it been used in transactions? What will happen to it in future? To find out, watch this interesting film made by the European Central Bank about the life cycle of a euro banknote.
On Monday 16 February 2015 the Riksbank, the Central Bank of Sweden, introduced its new series of banknotes and coins. It is the first series to be launched in 30 years, and the new designs include a new denomination 200 krona banknote and 2 krona coin – the 2 krona coin was last issued in…
A press release from the Reserve Bank of Australia (RBA) on 13 February 2015 advises that the next generation of Australian banknotes will include a tactile feature aimed at people with vision impairments to enable them to distinguish between banknote denominations more easily. The current series of polymer banknotes uses bright colours, large and bold…
Germany’s Central Bank, The Deutsche Bundesbank, has released their 2014 counterfeit banknote statistics which shows a large increase in comparison with 2013. The number of counterfeit banknotes removed from circulation during 2014 by banks, retailers and police authorities totaled 63,000 notes, with a nominal value of €3.3 million, a 63% rise compared to 2013. Though…
The European Central Bank (ECB) has released its banknote counterfeit figures for the second half of 2014, showing an increase in the number of fake banknotes withdrawn from circulation. 507 thousand counterfeit banknotes were removed, an increase of 53% compared to the first half of 2014 and an increase of 44% compared to the same…
From the 1st February 2015, the Central Bank of Cuba will issue new denomination banknotes, 200,500 and 1000 pesos, into circulation. The aim is for the new high denomination banknotes to ease economic transactions, as currently the highest denomination banknote is the 100 peso note. All three notes will have the same dimensions, 150 x…
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…