The European Central Bank (ECB) has today revealed the new €50 euro banknote which is to begin circulating on 4 April 2017. The new banknote is the latest of the Europa banknote series issued by the central bank, gradually replacing the original euro currency issued in 2002 with one that includes up-to-date security features to reduce the risk…
On 1 July 2016, the National Bank of the Republic of Belarus redenominated the Belarusian ruble, following a decision taken by Edict of the President of the Republic of Belarus No. 450 dated 4 November 2015. This has resulted in, for the first time in the history of the Belarusian ruble, coins being introduced into…
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…
The European Central Bank (ECB) has confirmed that it will stop producing the euro 500 banknote denomination due to concerns it is helping to facilitate illegal activities. Today’s decision from the Governing Council of the European Central Bank followed a review of the denominational structure of the Europa series which, it says, “[took] into account concerns that this…
A new app will soon be available from the Swiss National Bank to help the public familiarise themselves with the new 50-franc banknote. The free mobile app, compatible with Apple iOS and Android smartphone operating systems, allows users to position their mobile device over the new banknote and, using the device’s camera, view details regarding the…
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…
The European Central Bank (ECB) has today issued the new euro 20 banknote, the latest in the second series of euro banknotes, named “Europa”. The paper banknote, which is mainly blue in colour, consists of new and up-to-date security features to help combat the use of counterfeit banknotes, including tactile features for the visually impaired,…
Bulgaria’s Central Bank, the Bulgarian National Bank (BNB), has announced that it will issue a new 2 leva circulating coin on the 7th December 2015. The bi-metal coin, which will be issued alongside the current 2 leva banknote, was designed by Vanya Dimitrova and will consist of a yellow coloured central core with a silver…
Sweden’s Central Bank, Sveriges Riksbank, has now launched their new series of 20-, 50- 200- and 1,000-krona banknotes, with the 100- and 500- krona banknotes and 1-, 2- and 5-krona coins to be issued next year in October. The new banknotes were launched on the 1 October, 2015 by the bank, after working on the…
A press release issued by MasterCard yesterday talks of their plans to enable limitless contactless payments across Europe by 2017. MasterCard states that during the second quarter of 2015, contactless payments, also known as “Tap & Go”, grew by 170% year on year across Europe. They also state that the value of euro contactless payments…