Ukraine to issue new 100 hryvnia banknote

According to a statement released by the National Bank of Ukraine, a new 100 hryvnia banknote will be released into circulation on March 9, 2015. The new banknote is the result of a long term project to replace the previous banknote series issued between 2003 and 2007. The new notes will run alongside the previous…

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Euro €20 to be unveiled in February 2015

The European Central Bank (ECB) has announced that the €20, the next banknote from the Europa series of banknotes, will be unveiled on 24 February 2015. The new €20 is the third banknote to be released from the second series of Euro banknote, following the €5 and €10 issued in May 2013 and September 2014 respectively.…

Russia to issue Crimea commemorative banknote

A report by The Moscow Times, states that Russia’s Central Bank is to release a 100-ruble banknote commemorating the annexation of Crimea from Ukraine. The banknote is currently being designed and the artwork is yet to be made public. This follows the release of two 10-ruble coins which feature Crimean landmarks – one a Crimean castle and…

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Rwandans advised to use less cash

According to an article by the Rwandan news agency The New Times, Rwandans have been advised to use less cash in their daily transactions to help minimise banknote wear and tear. John Rwangombwa, Governor of the National Bank of Rwanda, is promoting the use of cashless payment methods, such as electronic cards, and mobile phone…

Cuba to issue new banknotes

According to various news reports, the Central Bank of Cuba (Banco Nacional de Cuba) has announced that it will be introducing new security features to its banknotes as part of its monetary reform. The denominations affected will be the 20, 50 and 100 pesos and will notably have an updated watermark image.   Source: CubaSi

New Zealand reveals new banknote designs

The Reserve Bank of New Zealand has unveiled designs for their next series of banknotes. Named “Brighter Money”, the new notes use bright colours in their designs and will also incorporate modern security features whilst continuing to use polymer substrates. The Bank states that the new banknote series will continue to use the same denominations,…

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Mauritius begins “Clean Bank Note Program”

On the 3rd November 2014, the Central Bank of Mauritius announced that it is to embark on a “Clean Bank Note Programme” due to finding an increasing number of banknotes which have been defaced. “The Bank has noted, with concern, an increasing number of instances where banknotes are being defaced, either by writing, printing, drawing…