banknote paper
Central Bank of the Bahamas Introduces New $100 Banknote
This week the Central Bank of the Bahamas (CBB) introduced a new purple, blue, green & mauve $100 banknote into circulation bearing a picture of Queen Elizabeth II on the front and a blue marlin on the back. But colour and images aren’t the only changes that have been made.
The new $100 banknote [...]
Turkey Enters Second Phase of Currency Reform
On January 1, 2010, Turkey will begin the second phase of its planned currency reform that will see the country stop production of their current banknotes (the New Turkish Lira) and replace them with a new currency series, simply called the Turkish Lira.
This second phase comes five years after the country first redenominated its currency [...]
FOXNews.com: “The Dollar Bill Goes High-Tech”
Counterfeiting has never been easier. All it takes these days is a fairly inexpensive color printer, some graphic design software and a willingness to spend a few decades in jail if you get caught.
But desperate times call for desperate measures, so criminals struggling in a tough economy and savvy with advanced printing equipment have figured [...]
Iranian’s shift protest movement to banknotes
Protesters in Iran have launched what they are calling a “second level” of protesting, shifting from overt public displays such as street demonstrations and rallies, to more covert tactics like writing protest notes and slogans on rial banknotes – the Iranian currency.
With staunch government crackdowns on protest movements throughout the country, pro-democracy protesters are focusing [...]
Japanese company unveils multiple currency ATM
It’s been over 40 years since the world was first introduced to the convenience of an automatic teller machine (ATM).
Invented by inventor John Shepherd-Barron, the ATM first made its appearance in London in 1967. Though the machine used PIN (personal identification number) codes it was dependent on checks impregnated with the (slightly) radioactive isotope [...]
North Korea Changes Currency and Rates 100 to 1
The North Korean government announced this week that it would be redenominate their current currency and replace old banknotes with new ones of a drastically lesser value.
Though the currency will keep the same name (the won) one hundred old won is now only worth one won – 1/100th of their previous worth.
The government made the [...]
“Top 10 Things You Didn’t Know About Money”
With the US Mint launching the release of a new $1.00 coin in November, Time Magazine drafted this list of top-ten tidbits about money that may surprise you:
#1 – The Largest Banknote: Measuring in at roughly the size of a sheet of legal paper, the world’s largest single banknote is the 100,000-peso note created by [...]
Helping Protect Financial Integrity
History has shown that our increasing complex financial system faces some unique challenges. Recently, the world of high finance collided with Main Street and the average investor was left to decipher why esoteric instrument such as derivates, swaps, counter-party agreements, packaged subprime loans and credit default swaps were impacting their investments and retirement savings. [...]
Worldwide Banknote Demand is Increasing
More and More people are pulling out the plastic when making everyday purchases. Debit and credit cards are being used to pay for everything from coffee to cars. But in spite of plastic for purchases increasing, the demand for banknotes is actually growing each year. Besides the familiarity and convenience of paying with good old [...]
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