The Central Bank of Uzbekistan has issued another new high value banknote denomination, the third high value denomination to be added to the banknote series since 2017.
The central bank issued a new 10,000-som denomination in March 2017 followed by the 50,000-som denomination in August the same year.
The increasingly high value banknote denominations have been issued by the Central Bank reportedly due to the increasing average wage in the country, previously stating that they will aid the public to “pay salaries, pensions and benefits as well as to make cash calculations.”
The central bank says higher value banknotes help to reduce cash flows and minimise the associated costs associated with the transportation, delivery and storage of cash.
The new note joins the UZS 25, 50, 100, 200, 500, 1,000, 5,000, 10,000 and 50,000 denominations in the current banknote series.
The banknote is printed on “specially protected paper”, presumably a varnished cotton-paper substrate. It is 144mm by 78mm in size, as per the other denominations in the series, and has a predominantly yellow/brown colour scheme.
The theme of the banknote is dedicated to famous Uzbek scholar Mirzo Ulugbek and features illustrations showcasing his achievements in astronomy.
Security features include:
- a 5mm windowed security thread with “3D effect”, thought to be either MOTION® or RAPID® thread by Crane Currency
- colour changing ink used to display the numerals “100000” changing from red to brown when the banknote is tilted
- see through register
- tactile feature for the visually impaired consisting of five vertical lines with a circle on top
The 100,000-som banknote was issued yesterday, the 25 February 2019.
Read the press release (Language: Uzbek) from the Central Bank of the Republic of Uzbekistan.
Uzbekistan issues new high value 50,000 banknote
Uzbekistan issues new high value 10,000 banknote