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India reveals new ₹50 banknote denomination

Banknotes, NewsBy SMI 21/08/2017

The Reserve Bank of India has revealed the design of the new ₹50 banknote denomination, part of the new Mahatma Gandhi Series. The new banknote denomination features a portrait of Mahatma Gandhi on the front of the note and an illustration of the Stone Chariot – a shrine dedicated to Gandhi which stands in the Indian village…

Uzbekistan issues new high value banknote

Banknotes, NewsBy SMI 16/08/2017

The Central Bank of Uzbekistan is set to issue a new high value 50,000-soum banknote denomination, to begin circulating on August 22, 2017. According to the Central Bank, the new 50,000-soums (US$12) denomination has been introduced due to the increasing average wage in the country, aiding citizens to “pay salaries, pensions and benefits as well…

Australia announces September issue date for new $10

Banknotes, NewsBy SMI 14/08/2017

The Reserve Bank of Australia has confirmed that its new $10 polymer banknote will begin circulating on Wednesday 20 September 2017. The new $10 will be the second of the Next Generation banknote series to be issued, following the release of the $5 on the 1 September last year. The design of the banknote is centred around…

RBS polymer £10 banknote to be issued in October 2017

Banknotes, NewsBy SMI 14/08/2017

The Royal Bank of Scotland has announced that it will issue its new polymer £10 banknote printed on SafeGuard® substrate on 4 October 2017. It is the first time in thirty years that the Royal Bank of Scotland (RBS) has issued a new £10 banknote design. The banknote denomination is the second in the RBS “Fabric of Nature”…

Vanuatu launches new 5,000 polymer banknote

Banknotes, NewsBy SMI 31/07/2017

The Reserve Bank of Vanuatu has issued the next denomination of their polymer banknote family, the 5,000-vatu printed on Guardian™ substrate. The new family of polymer banknotes are being gradually circulated. The first denomination to be issued was the 10,000-vatu, circulated on the 28 July 2010. The 200, 1,000 and 2,000-vatu denominations were all released in…

New coins from Philippines due to be minted this year

Coin, NewsBy SMI 24/07/2017

A new family of circulation coins will be issued by the Bangko Sentral ng Pilipinas, the Central Bank of the Philippines, later this year but it will no longer include the 10-cent denomination coin. According to a report by centralbanking.com, the Central Bank of the Philippines intends to issue its new family of coins by the end…

Bank of England unveils the new ten pound banknote

Banknotes, NewsBy SMI 18/07/2017

The Bank of England has unveiled the design of the new ten pound polymer banknote due to begin circulating on the 14 September 2017. The new polymer banknote is the second of the new series of banknotes to be issued by the Bank of England, following the release of the New Fiver last September. Celebrating the works…

Madagascar begins circulating new banknote series

Banknotes, NewsBy SMI 17/07/2017

A new family of banknotes has today begun to circulate, issued by the Central Bank of Madagascar with the addition of a new high value denomination. Today, Madagascar banknote denominations of 2,000, 5,000, 10,000 and a brand new high value denomination of 20,000 Ariary (US $6.80) have been issued into circulation. The remaining 100, 200, 500 and…

Armenia changes denominations of new 3rd Generation Banknote series

Banknotes, NewsBy SMI 14/07/2017

The Central Bank of Armenia has announced that they will be changing the denomination structure of their next 3rd Generation Banknote series, with the addition of a lower value banknote and removal of the highest value note. Citing an increased use in cashless payments within the country, the Central Bank has confirmed that the 100,000 dram…

Syria issues new denomination 2000 pound banknote

Banknotes, NewsBy SMI 04/07/2017

The Central Bank of Syria has issued a new high denomination 2,000 pound banknote featuring President Bashar al-Assad, the first time he has appeared on Syrian currency since he assumed office in July 2000. The note is one of several printed years ago, reportedly by Goznak, but, says Central Bank Governor Duraid Durgham, it was delayed…