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 June 2014. The remaining 500-vatu polymer banknote is expected to be issued by the end of 2017.
All the denominations of the Vanuatu polymer banknote family use CCL Secure’s Guardian™ polymer substrate.
Security features used by several of the banknotes include: clear windows featuring images of shells, shadow images which are visible when the notes are raised to a light source, CCL Secure’s G-Switch™ colour changing feature, offset and intaglio print features, microtext, see through patterns, patterns visible under ultraviolet light and tactile features to assist those with visual impairments to identify the note’s denomination.
The Governor of the Reserve Bank of Vanuatu, Mr Simeon Athy, stated that the choice to use polymer banknotes was to increase the country’s banknote durability. This appears to have been achieved – the Governor has advised that “very few notes withdrawn because of wear and tear, and no good quality counterfeits attempted” since polymer banknotes began circulating within the country.
Read the press release by CCL Secure.