Banknote Production
Ethopia To Replace 50Br and 100 Br Banknotes
The National Bank of Ethopia (NBE) accepted three offers from European companies last week who were vying for a contract to replace several denominations of the country’s current series of banknotes. The UK’s De La Rue Currency, Germany’s Giesecke & Devrient, and France’s Francois-Charles Oberthur submitted technical offers to print an order of 50 Br [...]
Bank of England Considers Polymer Notes
In an effort to make some of their banknotes more durable and counterfeit proof, the Bank of England is considering the introduction of polymer banknotes. The £5 banknote is the most likely candidate to be switched first as it is the lowest denomination and therefore the most frequently used, however the Bank has also said [...]
Bank of Canada Invited Public Opinion On New Banknote Design
As the Bank of Canada prepares to put new polymer $50 and $100 banknotes into circulation, more details are being released about the design on the new bills. Last month, we wrote about the years of work it took to develop the security features for the new notes. The design of the bills also went [...]
New Zealand Banknotes Will Retain Similar Design
Though some believed the currency could see a massive overhaul, bank officials in New Zealand announced that the design of their new banknote series will remain similar when the notes are released in 2014. A point of contention for the new notes was the depiction of Queen Elizabeth on the country’s $20 banknote. A recent [...]
Bank of Canada’s Currency Development Team At The Helm of New Banknotes
Though the Bank of Canada unveiled the first two banknotes in their upcoming polymer series last month, Canadians will still have several months to wait until the new $50 and $100 bills are introduced into circulation. Much like other currency campaigns, the Bank of Canada will use the interim months to educated banks, businesses and [...]
New Zealand Plans Potential Banknote Overhaul
For the first time in over a decade, the Reserve Bank of New Zealand is planning on introducing a new series of banknotes. “In its annual statement of intent for 2011-2014, the bank said it would soon begin planning for a new series…which would include adding new security features to prevent counterfeiting,” Stuff.co.nz wrote last [...]
Artists Put Creative Touches On $100 US Bill
Nearly a year ago, the US Treasury Department unveiled what they were calling “the next generation one hundred” – a newly designed, high-tech $100 banknote. Set to be unveiled in February 2011, the bills were equipped with a 3D ribbon crossing the center of the bill and a colour-changing Liberty Bell alongside some other tradition [...]
Algeria Introduces 2000-Dinar Banknote
Beginning April 28, 2011 the Bank of Algeria will introduce a 2,000-dinar banknote into circulation. This is the highest denomination that will be available to the Algerian public. The bank says the new denomination will be placed into circulation in order to “ease liquidity” but will also to introduce a new series of security features [...]
Famous Swedes Will Grace New Banknotes
A new Swedish banknote series is embracing the “out with the old, in with the new” adage. Nineteenth century singer Jenny Lind, and famed scientist Carl Linnaeus will be among those making way for more contemporary celebrities such as Swedish poet Evert Taube and Hollywood icon Greta Garbo. Other personalities to be featured on [...]
