The Central Bank of Venezuela has confirmed that banknotes from its new re-denominated currency will start circulating on 4 June 2018. The news was confirmed by the Central Bank of Venezuela in a press release issued today. News of the new denominations, which will have three zeros removed from each denomination’s value, was announced last month by…
The next Swiss banknote of the new Ninth Series will begin circulating in August 2018. The Swiss National Bank, Switzerland’s Central Bank, confirmed the news via a press release yesterday. The new 200-franc banknote will be the fourth denomination to be issued from the Ninth banknote series, following the launch of the 50-franc note in…
The Central Bank of Venezuela has begun circulating an upgraded version of its highest value banknote denomination, the 100,000 bolivar note. According to the Central Bank of Venezuela press release, the new banknote has an upgraded watermark with “the face of the Liberator” (Simón Bolívar) and the Central Bank’s initials “BCV” shown in electrotype. The upgraded note…
The Bank of Canada has unveiled the new $10 banknote featuring the iconic Canadian woman Viola Desmond on International Women’s Day. The launch of the new $10 banknote, expected to begin circulating in late 2018, marks the first time that an iconic Canadian woman has been included in a circulating Bank of Canada banknote. An…
The National Bank of Moldova has issued new coins of 1, 2, 5 and 10-lei that will circulate alongside existing banknotes of the same value, shifting the country’s coin-note boundary. The National Bank of Moldova (NBM) performed a broad economic study on cash use within the country, conducting public consultations with independent experts, local and central authorities, representatives of the business…
As part of its program to upgrade its family of banknotes, the Central Bank of Hungary has begun circulating a new upgraded 1,000 forint banknote. The Magyar Nemzeti Bank (MNB) issued a statement in August last year confirming the issue of the new note which contains new design elements and security features. Whilst the new note became legal tender on the…
South Africa will soon be celebrating Nelson Mandela’s birth centenary with the launch of a commemorative set of banknotes and a new five rand circulation coin. According to the South African Reserve (SARB), the country’s Central Bank, the commemorative banknotes will be launched this year in denominations of R10, R20, R50, R100 and R200. Though they…
The Central Bank of Uruguay has issued the Series G 100-peso and Series E 1,000-peso banknotes, now circulating within the country. The upgraded Uruguay banknotes have a similar design as their predecessors and continue to be printed on cotton paper substrate but contain upgraded security features including optically variable ink, used to depict a map…
The 2018 Central Banking Awards have been presented to companies and organisations within the industry, honouring excellence within the community. The awards recognise excellence in the Central Banking community, and 2018 sees the fifth year of presentations. Judges sitting on the Awards panel are made up of the Central Banking Editorial Team and Editorial Advisory Board, all…
The Central Bank of Sri Lanka will soon issue a new set of stainless steel circulating coins, helping to address the current coin shortage in the country. The new coins from the Central Bank of Sri Lanka will be in denominations of Rs. 1, 2, 5 and 10 and will be silver in colour. The…