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The polymer New Fiver banknote issued today in UK

Banknotes, NewsBy SMI 13/09/2016

The Bank of England has today issued the New Fiver banknote using a polymer substrate, the first to be used by the Bank. The banknote is printed by De La Rue and uses Innovia Security’s Guardian® substrate, which, say Innovia, is resistant to dirt and moisture helping to improve the banknote’s longevity – at least 2.5…

Increase in euro counterfeit banknotes

Banknotes, NewsBy SMI 27/01/2015

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its banknote counterfeit figures for the second half of 2014, showing an increase in the number of fake banknotes withdrawn from circulation. 507 thousand counterfeit banknotes were removed, an increase of 53% compared to the first half of 2014 and an increase of 44% compared to the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…

Kazakhstan issues new 1000 tenge banknote

Banknotes, NewsBy SMI 17/12/2014

On the 01 December 2014 the Central Bank of Kazakhstan issued its new 1000 tenge banknote into circulation. The new paper banknote design, which is predominantly coloured yellow and brown, includes 2 SPARK security features from SICPA. It also includes a windowed security thread and watermark amongst other modern anti-counterfeit security features. The note will…

Mauritania issues new Guardian® polymer banknote

Banknotes, NewsBy SMI 05/12/2014

Innovia Security have issued a statement advising that the Central Bank of Mauritania has issued its new 1000 Ouguiya banknote printed on Guardian® polymer substrate. Guardian® is now used in 78 banknote denominations, by 24 countries. The Central Bank has reduced the size of the 1000 Ouguiya banknote to 142mm by 70mm which, it says,…

De La Rue shares plunge after profit warning

Banknotes, NewsBy SMI 26/09/2014

UK based banknote printer De La Rue has seen its shares drop 30% after it issued a profits warning, with this year’s profits expected to be £20m lower than the previous financial period. The company, which produces the UK’s biometric passports and prints banknotes for countries worldwide, warned that industry trading conditions had “deteriorated” causing prices…

New euro €10 banknote issued today

Banknotes, NewsBy SMI 23/09/2014

The European Central Bank has today released the new €10 banknote into circulation. The new cotton-paper banknote includes various new security features making it more resistant to counterfeiting but, says the ECB, is still easy for users to check its authenticity using the feel, look and tilt method. As with all banknotes within the new Europa series,…

Myanmar to issue new 5,000 kyat banknote

Banknotes, NewsBy SMI 19/09/2014

According to various local websites, the Central Bank of Myanmar is due to issue a new 5,000 kyat banknote. The new design will incorporate modern security features to prevent counterfeits being accepted in circulation. It is thought that the new banknote will be put into circulation on the 1st October 2014, and the existing 5,000…

Bank of England selects De La Rue as preferred bidder

Banknotes, NewsBy SMI 08/09/2014

It has today been announced that the Bank of England (BoE) has selected De La Rue as the preferred bidder in the tender for its banknote printing contract starting in April 2015. The BoE advised that De La Rue had been awarded the contract “as a result of scoring highest in the Bank’s evaluation process for…

Bulgaria to replace 2 leva banknote with coin

Banknotes, Coin, Currency, NewsBy SMI 01/09/2014

According to local news reports, the Bulgarian National Bank will replace the 2 leva banknote with a 2 leva coin in 2015. The coin will be bi-metal – 2 metals of different colours (similar to the 1 lev coin) but with a yellow/gold centre and white/silver ring. The 2 leva coin will be slightly larger…

Reserve Bank of India to issue new ₹1,000 banknote

Banknotes, Currency, NewsBy SMI 15/08/2014

The Reserve Bank of India has issued a statement declaring that a new ₹1,000 denomination banknote will be released shortly. The statement, dated August 14th 2014, advised the new notes will incorporate the new Indian currency symbol (₹) with “R” inset letter in the Mahatma Gandhi Series-2005. The printing year ‘2014’ will be displayed on …