Banknote Production

This category contains 88 posts

Malaysia To Issue New Banknotes Next Week

Bank Negara is set to release a new series of Malaysian banknotes next week equipped with “the latest banknote technology to enhance security features.” The series will include banknotes in the RM1, RM5, RM10, RM20 and RM100 denominations. The new series marks the reintroduction of the RM20 note to Malaysia and introduces RM1 and RM5 […]

Angola To Release New Banknote Series In 2013

The Angola Reserve Bank (BNA) announced this week they would release a new banknote series “early in 2013.” The decision to issue a new series was approved by the National Assembly and passed into law by a majority vote of 155 to 15. According to AngolaPress, one of the biggest selling points for the new […]

Congo To Issue New Banknotes

The Democratic Republic of Congo announced it would release three new higher denomination banknotes next month. Currently, the highest denomination in circulation is the 500 Congolese franc. The new bills will introduce denominations of 1,000, 5,000, and 10,000 francs. According to an article published by Reuters, the announcement of these new denominations was cause for […]

Jamaica Introduces New Banknotes

In celebration of the country’s Golden Jubilee, the Bank of Jamaica (BOJ) introduced a special series of 50th anniversary commemorative banknotes this week. The series will consist of the five denominations currently in circulation: the $5000, $1000, $500, $100 and $50 and will feature the national logo for the 50th anniversary of independence. The notes […]

Setting The Stage For The Greek Drachma

With recent election results demonstrating many Greeks want to back out of the country’s Eurozone agreement, financial analysts say the drachma could return to Greece soon. Following three years of economic struggle and several bailouts totally nearly $800 billion, Greece could reinstitute its old currency should they pull out of the Eurozone. Hartmut Grossman, an […]

Bank Of Canada Unveils New $20 Bill This Week

The Bank of Canada is set to unveil its new $20 bill this week, the third in its series of new polymer banknotes. The new $20 note will feature an updated portrait of Queen Elizabeth II on the front and the Canadian National Vimy Memorial on the back. According to a press release, the design […]

Sweden Unveils Look At New Banknotes

Nearly a year after Sweden’s central bank announced the country’s banknotes would be changing design, Sveriges Riksbank unveiled the first glimpse of the new notes. The new notes will span all the denominations – 20, 50, 100, 200, 500 & 1,000 kronor – and the design will feature famous Swedes such as film director Ingmar […]

Sweden Hints At World’s First QR Banknotes

On the heels of coins embedded with QR codes released by the Royal Dutch Mint last year, Sweden unveiled a glimpse at what could be the world’s first banknotes embedded with QR codes. QR codes – also known as Quick Response codes – play the role of an enhanced barcode. The pattern consists of black […]

United Arab Emirates Banknotes Pose Problems for ATMs

Five months after the United Arab Emirates (UAE) introduced new Dh500 bills, the Central Bank said it is still experiencing problems with automated teller machines (ATMs) accepting the new banknotes. The bills feature new anti-counterfeiting devices such as transparent windows that are proving to be incompatible the existing ATMs. Rashid Al Fandi, executive director of […]

Commemorative Jersey Note Features Queen Elizabeth Hologram

The States of Jersey unveiled a special commemorative banknote that features a holographic portrait of Queen Elizabeth this week. Available June 1, the £100 banknote is a special edition note that marks the Queen’s Diamond Jubilee. In order to manufacture the note, a law dating back to 1959 that limited the maximum denomination of any […]