The Central Bank of Azerbaijan has announced that it will soon be circulating a new high value 200 manat denomination banknote, following the country’s economic growth. Azerbaijan’s current high value circulating banknote is the 100 manat note, valued at around US $59. However, following a decade of growth, the Central Bank decided that its current currency structure needed to…
PNO Global, supplier of banknote varnish and solutions for fitness sorting, quality control and counterfeit analysis, has entered into a joint development agreement with De La Rue. PNO Global is the producer of the Snowfish® banknote sorter range. The partnership between the two companies is intended to incorporate “joint product development and related sales execution on…
The Bank of Russia has issued a commemorative 100-ruble polymer banknote to mark the 2018 FIFA World Cup which is to be hosted by Russia. The vertically orientated design of the FIFA banknote features illustrations of footballs including a goalkeeper in action and small child holding a football. The predominant colours used in the design are…
The International Currency Association (ICA) has appointed Wolfram Seidemann of Giesecke&Devrient Currency Technology as its new Chairman. The previous Chairman, Barna Barabas of JURA, stepped down from the position but remains a Board member. The ICA, founded in 2016, states it is “a voice for cash, promoting its continuing role as part of diverse, open and…
Sweden’s Sveriges Riksbank has stated that it will find a replacement banknote supplier following Crane’s announcement that it is relocating to Malta. The announcement from the Central Bank came following news published last week that Crane Currency will be relocating its banknote printing facilities from Tumba in Sweden to Malta. The Bank responded to Crane’s relocation news on Friday…
The Central Bank of Macedonia has begun circulating polymer versions of its lowest two banknote denominations, the 10 and 50 denar notes. Macedonia’s two lowest value banknote denominations have been upgraded from traditional cotton paper substrate to polymer. The Central Bank’s aim is to reduce long-term banknote production and processing costs through increased banknote durability. The new polymer…
Crane Currency has announced that it will close its printing plant in Tumba, Sweden, moving its banknote printing operations to its newly opened facility in Malta. The paper mill, design team and related departments will continue to operate from the Tumba facility. The Swedish banknote printing plant has been operating since 1755 when it was run by the…
The Central Bank of Venezuela has confirmed that a new International Organization for Standardization (ISO) code will be assigned to its soon to be denominated currency. The ISO code “VES” will be used to identify the new Sovereign Bolivar that comes into effect on 04 June 2018, replacing the previous ISO code of “VEF”.. The Venezuelan currency is to…
Crane Currency has released an educational film detailing MOTION SURFACE™, their latest micro-optics security feature product. MOTION SURFACE™ is an evolution of Crane’s MOTION® security thread feature, developed to enable the MOTION® micro-optics technology to be applied as a patch. MOTION® was first used in a circulating banknote in 2006, by Sweden’s Riksbank on the 1,000-krona note. RAPID®, the first…
The Central Bank of Bolivia has launched its new banknote series with the issuance of the new Bs10 banknote. The new Bolivia Bs. 10 banknote entered circulation on 10 April 2018, the first of the new banknote series called Primera Familia de Billetes (PFB), which translates to the First Family of Banknotes. The design of the banknote…