Thumbnail image of the new India 50-rupee banknote denomination, 2017.

India reveals new ₹50 banknote denomination

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…

Thumbnail image of Uzbekistan 50 thousand banknote 2017

Uzbekistan issues new high value banknote

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…

Thumbnail image of the Vanuatu 5,000 polymer banknote.

Vanuatu launches new 5,000 polymer banknote

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

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…

Thumbnail image of the new Madagascar banknote family

Madagascar begins circulating new banknote series

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…

Thumbnail image of new 2,000 pound banknote from Syria.

Syria issues new denomination 2000 pound banknote

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…