The Central Bank of Hungary has released upgraded versions of the 2000 and 5000 banknotes into circulation including advanced security features. Each note has a date of issue of the 15 November 2016, though they actually began circulating on 1 March 2017. The Central Bank, the Magyar Nemzeti Bank, will withdraw the previously circulating versions of each denomination from circulation by…
The Narodowy Bank Polski (NBP), The Central Bank of Poland, has started issuing revised circulating coins consisting of 1, 2, 5, 10, 20 and 50 grosz, and 1 zloty. The 10 grosz coin has been issued today, 15 February 2017, and the 1 zloty coin is expected to be issued on 20 February. The remaining denominations will…
The Narodowy Bank Polski, the Central Bank of Poland, has issued a new high denomination banknote into circulation, the 500 złoty banknote. The new 500 note joins the currently circulating family of banknotes consisting of the 10, 20, 50, 100 and 200 zloty. According to a Central Bank press release, the new denomination will ensure the uninterrupted…
There has been a drop in the number of counterfeit euro banknotes detected during 2016 compared to the previous two years, according to the latest figures from the European Central Bank (ECB). In total, 684 thousand counterfeit banknotes were withdrawn from circulation during 2016, a 23.9% reduction from those withdrawn in 2015 and an 18.4%…
The Bank of Latvia has issued a new five euro collector coin called “The Earth”, uniquely made of translucent perlucor. The coin has a silver outer ring and a symbol of the Earth is shown in the centre of the transparent coin. The coin’s graphics, by architect M. Kalniņš, was the winning design in a competition held…
The National Bank of the Republic of Macedonia has issued two new banknotes to mark 70 years of central banking activities. The new 200 and 2,000 Denar banknote denominations from Macedonia are circulating banknotes, joining the current family of banknotes that began circulating in the 1990’s. The new banknotes have been printed by UK banknote printers…
Dutch security printers Royal Joh. Enschedé have issued a press release advising that, following a change to their strategy, they will soon stop producing banknotes due to over capacity in the banknote market. Instead, the company will focus on being a High Security Printer in the international market for Stamps, Visas and Tax Labels, as well as brand…
The National Bank of the Republic of Macedonia has confirmed that it will soon be introducing new denominations to its banknote series, the 200 and 2,000 denar. The new notes will be circulated from 15 December 2016. At the same time, the central bank will begin to withdraw the…
The counterfeiting of euro banknotes has decreased during the first half of 2016, figures from the European Central Bank show. The counterfeiting of euro banknotes has decreased during the first half of 2016, figures from the European Central Bank show. During the first half of 2016, 331,000 counterfeit euro banknotes were withdrawn from circulation. This continues…
Following yesterday’s unveiling of the new euro €50 banknote, which will be issued on 4 April 2017, the European Central Bank (ECB) have posted a video detailing five facts about the new banknote. The video looks at the 50 euro banknote’s use throughout the Euro system, how often the current circulating denomination is counterfeited, its production costs, and…