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Trinidad & Tobago wins 2014 Bank Note of the Year

Banknotes, NewsBy SMI 11/05/2015

The International Bank Note Society (IBNS) has announced that the winner of the 2014 Bank Note of the Year award is the 50 dollar polymer note from the Central Bank of Trinidad and Tobago. The note, collaboratively produced by the Central Bank and De La Rue, commemorates the Bank’s 50th anniversary and has been in…

Burundi Issues New Banknotes

Banknotes, NewsBy SMI 04/05/2015

On the 29th April 2015, the Bank of the Republic of Burundi (BRB), the country’s Central Bank, launched a new series of banknotes consisting of BIF 500, BIF 2000, BIF 5,000 and BIF 10,000 notes. The paper notes are designed using bright colours, different to the design of the denominations before them: the 500 is…

Scottish polymer banknote begins circulating

Banknotes, NewsBy SMI 23/03/2015

The first fully polymer banknote to be circulated in Great Britain has been launched this week by Clydesdale Bank. The new plastic £5 banknote is available from Clydesdale Bank branches from today, a year before the Bank of England plans to issue its own polymer banknotes. The limited edition banknote is being launched to coincide…

Royal Mint reveals new pound coin design

Coin, NewsBy SMI 18/03/2015

The Royal Mint has today revealed the design of the new one pound coin, which has the same shape as the old 12-sided threepence piece (3d) last used in 1971. The reverse (“tails”) side of the coin has been designed by 15 year old David Pearce from Walsall, who took part in a competition launched…

Sweden introduces new banknotes and coins

Banknotes, Coin, Currency, NewsBy SMI 17/02/2015

On Monday 16 February 2015 the Riksbank, the Central Bank of Sweden, introduced its new series of banknotes and coins. It is the first series to be launched in 30 years, and the new designs include a new denomination 200 krona banknote and 2 krona coin – the 2 krona coin was last issued in…

Australian banknotes to include features for visually impaired

Banknotes, NewsBy SMI 13/02/2015

A press release from the Reserve Bank of Australia (RBA) on 13 February 2015 advises that the next generation of Australian banknotes will include a tactile feature aimed at people with vision impairments to enable them to distinguish between banknote denominations more easily. The current series of polymer banknotes uses bright colours, large and bold…

Cuba issues new high denomination banknotes

Banknotes, Currency, NewsBy SMI 19/01/2015

From the 1st February 2015, the Central Bank of Cuba will issue new denomination banknotes, 200,500 and 1000 pesos, into circulation. The aim is for the new high denomination banknotes to ease economic transactions, as currently the highest denomination banknote is the 100 peso note. All three notes will have the same dimensions, 150 x…

Kazakhstan issues new 1000 tenge banknote

Banknotes, NewsBy SMI 17/12/2014

On the 01 December 2014 the Central Bank of Kazakhstan issued its new 1000 tenge banknote into circulation. The new paper banknote design, which is predominantly coloured yellow and brown, includes 2 SPARK security features from SICPA. It also includes a windowed security thread and watermark amongst other modern anti-counterfeit security features. The note will…

Russia to issue Crimea commemorative banknote

Banknotes, Coin, Currency, NewsBy SMI 12/12/2014

A report by The Moscow Times, states that Russia’s Central Bank is to release a 100-ruble banknote commemorating the annexation of Crimea from Ukraine. The banknote is currently being designed and the artwork is yet to be made public. This follows the release of two 10-ruble coins which feature Crimean landmarks – one a Crimean castle and…

Mauritania issues new Guardian® polymer banknote

Banknotes, NewsBy SMI 05/12/2014

Innovia Security have issued a statement advising that the Central Bank of Mauritania has issued its new 1000 Ouguiya banknote printed on Guardian® polymer substrate. Guardian® is now used in 78 banknote denominations, by 24 countries. The Central Bank has reduced the size of the 1000 Ouguiya banknote to 142mm by 70mm which, it says,…