The 2016 Best Regional Banknote of the Year has been awarded to the Banco Central de Nicaragua, the country’s central bank, for its new cordoba series of banknotes. The annual award was presented by Reconnaissance International at the recent High Security Printing Latin America conference held in Mexico on 21 June 2016. According to Reconnaissance, the Banknote of the…
The new euro €50 banknote will be unveiled on 5 July 2016 by the European Central Bank. A press release issued today by the European Central Bank (ECB) confirms that the new euro €50 banknote will be unveiled to the public on 5 July 2016. The €50 note is the fourth of the second series of euro…
Zimbabwe is suffering from a shortage of cash in the form of US dollars, the main accepted currency in the country since it abandoned its own in 2009 following sustained hyperinflation. A press release issued yesterday by the Governor of the Reserve Bank of Zimbabwe, DR. J.P. Mangudya, has highlighted the Zimbabwe cash shortage, and…
The Bank of England has confirmed that the new £5 polymer banknote will be issued in September 2016. The new banknote will be the first of three new polymer banknotes to be issued by the Bank, consisting of the £5, £10 and £20 banknote denominations. On the 2nd June full details of the new five pound…
Yesterday, the Bank of Russia issued a statement confirming that it plans to supplement its banknotes with two additional denominations: the 200 and 2,000 rubles. The new banknotes, which are expected to enter circulation by the end of 2017, are being introduced to make cash payments easier for its citizens, citing that they will help to reduce the…
The Swiss National Bank (SNB) has unveiled the new 50 franc banknote, the first of the banknotes from the long awaited ninth series. The design focuses on the element of wind. The note, which is 70mm by 137mm, is made using Landqart’s Durasafe® substrate composed of a central transparent polymer layer between two cotton paper layers…
Poland’s Central Bank, the Naradowy Bank Polski, will issue a new collector 20 zloty banknote on the 12th April 2016 to commemorate the 1050th anniversary of the Baptism of Poland. The note, which was designed by Kristin Michalczuk and printed by the Polish Security Printing Works (PWPW S.A.), contains several modern security features, including De La Rue 3D lens technology based security…
Ukraine’s Central Bank, the National Bank of Ukraine, has manufactured its first batch of banknote paper using linen fibres. A press release issued by the Bank on 23 March 2016 details how Ukrainian banknote paper manufacturers have been investigating the possibility of manufacturing banknote paper by mixing traditional cotton fibres with other plant fibres, such…
Sveriges Riksbank, the Central Bank of Sweden, has served a notice to the Swedish parliament calling for access to cash to be a legal right. The notice, which was submitted to the country’s Ministry of Finance on the 16 March 2016, asks for the nation’s banks to provide a cash service to ensure access to accounts…
There have been several reports in the global media regarding an increase of counterfeit banknotes in Australia. The sources relate to the Reserve Bank of Australia’s Annual Report which identified a 63% increase in counterfeit banknotes withdrawn from circulation during the 2014/15 period. This equated to 37,000 notes with a nominal value of $2.0 million, which…