currency

This tag is associated with 30 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 […]

ECB Unveils New 5 Euro Banknote

Officials from the European Central Bank (ECB) unveiled their new €5 banknote this week at a ceremony in Germany. The €5 banknote is the first in a new series that will be launched over the coming years. As with many new series, the focus of the new euros will be on increased security features to […]

Libya Withdraws 5 and 10 Dinar Banknotes

The Central Bank of Libya announced this week that it would be withdrawing five-dinar and ten-dinar bank notes from circulation as of Thursday, November 1. The notes are part of the fourth and fifth series released by the country. “The bank said it had decided to withdraw the notes ahead of issuing newly-designed five and […]

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 […]

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 […]

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 […]

Canadian Government Eliminates Penny

Unveiling their 2012 federal budget yesterday, Canada’s government announced their plans to eliminate the penny from the country’s currency landscape. The government said the one-cent coin costs too much produce and was described as “a burden to the economy” in a pamphlet released on Thursday. According to an article published by the CBC, it costs […]

£30,000 Counterfeits Made

Using digital images of real money and an ink- jet printer, almost £30,000 in fake bank notes were counterfeited. On Monday at the Glasgow Sheriff Court, Ian Beaton admitted to creating the fake notes. After police searched his car near Aberdeen and found £2000 of seized counterfeit notes with his fingerprints on the envelope the […]

Greek Drachmas Worth 240 Million Euros Unclaimed

ATHENS -Greece swaps a record-breaking debt this week which were overshadowed by the equivalent of 240 million euro’s unclaimed,  in exchange for now-obsolete Greek drachmas. Nearly 82 billion drachmas ($320 million) in banknotes were unaccounted for when the deadline for withdrawal ended on March 1 by the Bank of Greece, said Kathimerini daily. Drachma coins […]