In case you missed it, 8 March was International Women’s Day. It was an opportunity for organisations to celebrate the achievements of the women in their workforce, notably on social media. The currency industry, traditionally viewed as a bastion of male dominance, was no exception.

Each February and March we cover the previous year’s results for the leading companies in cash management, most of whose financial years run from January to December. Between them these results provide a useful means of taking the pulse of our industry.

There is a perception that in 2022 and 2023 the currency ‘industry’ was a little flat, even lacking self-confidence, in the face of the fall out from the pandemic and the huge surge in digital payments as societies rapidly went online. The evidence of 2024 tells a rather different story.

The first Directory of Currency Suppliers™ was published in 2004. This year has seen the publication of the seventh edition. Here, we take a look at changes between the sixth edition from 2018 and today, and a slightly higher level look at 2004 and today.

Is dollarisation a cure-all for unstable, hyper-inflationary nations? It is very hard to make that judgement, especially since stronger currencies, whether it be the dollar or euro, are also subject to changes in their value which may or may not benefit the dollarised economies in the short-term.

An unscientific rule of thumb taught to those entering the banknote industry used to be that a country needed a population of about 40 million people to justify having their own banknote printing works. This article considers how accurate, or relevant, this rule is in modern times.

2024 has kicked off with a focus on cash, particularly a series of initiatives by central banks to safeguard access to cash.

This is the first in a series of articles that explores the cultural aspect of money that goes beyond its function as a means of payment or store of value. Many societies have a long-standing tradition of gifting money (banknotes and coins) to mark auspicious occasions – births and birthdays, weddings and other special events, where the value of the gift is as much social as it is financial.

Currency News™ has officially ‘come of age’! That is, if reaching its 21st birthday counts as the coming of age – which in many societies it does.

Cash & Payment News™ (CPN) is the sister publication to Currency News™. It was first published in July 2018 as the successor to Payment News Quarterly and, while Currency News focuses on the product that is ‘cash’, CPN has concentrated on the use of cash once issued.