banknotes

This tag is associated with 132 posts

Angola Reserve Bank unveils new currency series

The Angola Reserve Bank unveiled its new currency series this week, which includes new banknotes and coins. Officials from the Reserve Bank say the new notes are equipped with new security features that will help prevent counterfeiting. “The bills bear codes of high standards of trust and more durability,” AllAfrica.com reported. The new notes are […]

Bank of Canada Set To Release New $20 Note

The Bank of Canada will continue with its new polymer banknote series by releasing the new $20 bill in less than a month. The new banknote – set for release on November 7 – is the third bill in Canada’s new polymer series. The $50 and $100 bills were released earlier this year. Polymer notes […]

Iran May Not Be Able to Print Enough Rials

A few days ago, the New York Times reported that due to Western economic sanctions imposed on Iran over its disputed nuclear program have severely depressed the value of their national currency, the rial, resulting in higher inflation and forcing Iranians to carry larger quantities of banknotes to purchase daily items. At a time of […]

Zambia Reveals New Banknote Features

The Bank of Zambia revealed the first look at its new banknotes this week, complete with enhanced security features. The new notes come on the heels of a decision made by the Zambian government in January to rebase the national currency – the kwacha – after an extended period of inflation. The banknotes will come […]

QR Codes Could Reduce Counterfeiting Say Researchers

Researchers at the University of South Dakota and the South Dakota School of Mines and Technology published a report this week that suggests QR codes could be used on banknotes to prevent counterfeiting. According to the report, published in IOP Publishing’s journal Nanotechnology, the QR code “will add an increased level of security over existing […]

South Africa Unveils Mandela Banknotes

The central bank of South Africa unveiled a new series of banknotes featuring the image of former president Nelson Mandela. “We are pleased to issue this new series of banknotes which reflects South Africa’s pride as a nation and pays tribute to a much-loved world icon,” said Reserve Bank Governor Gill Marcus. The banknotes series […]

Interior BC Sees Spike In Fake Banknotes

The RCMP British Columbia has asked businesses to be on the lookout for counterfeit banknotes after a recent spike in fake bills hit communities in interior BC this month. According to a report published by the Vernon Morning Star, the RCMP have received 23 complaints of counterfeit currency in communities such as Lake Country, Salmon […]

New Argentinian Banknote Features Eva Perón

Argentina unveiled a new 100-peso banknote this week featuring the image of Eva Perón, the country’s former first lady. At a ceremony in which the design of the note was revealed, current Argentina President Cristina Fernández de Kirchner said the note was a fitting tribute to Perón. “It’s a homage that we don’t just owe […]

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 […]