Latest News

Astrid Mitchell

1 Feb. 2023

6 min read

New Series for Barbados – Bajan to the Bone

At the end of last year, the Central Bank of Barbados issued a new banknote series, coinciding with the 50th anniversary of its foundation, which is only the second major redesign in its half-century history of issuing the national currency (the 2013 series being the first).

Banknotes

Astrid Mitchell

22 Dec. 2022

4 min read

Unfit Banknote Recycling Solutions – a Study from Kusters

Kusters, a family-owned company founded in 1911, has been at the forefront of destruction and shred handling equipment for both banknotes and coins since the 1970s, and has an installed base of more than 700 systems in various applications in over 80 countries.

Banknotes Sustainability

Astrid Mitchell

22 Dec. 2022

2 min read

Bank of England Unveils New Charles III Notes

The new look of banknotes featuring the image of King Charles has been unveiled by the Bank of England. The portrait will be the only change to existing designs of £5, £10, £20 and £50 notes and will start to enter circulation from mid 2024.

Banknotes

Astrid Mitchell

22 Dec. 2022

3 min read

A Celebration of Independence – and Technology

In November 2022, Algeria’s central bank, the Banque d’Algérie, issued a new 2,000 dinar banknote to commemorate 60 years of Algerian independence and to mark the occasion of the 31st Summit of the League of Arab States, which was hosted in Algiers.

Banknotes

Astrid Mitchell

2 Dec. 2022

1 min read

FIFA World Cup Banknote

The Qatar Central Bank has issued a commemorative banknote to mark the FIFA World Cup, which is taking place in the country from 18 November to 20 December.

Banknotes

Astrid Mitchell

2 Dec. 2022

3 min read

US Dollar Production Reverts to Pre-Pandemic Norms

The production of US banknotes for 2023 will likely be below that of the previous two years, according to the 2023 Federal Reserve order for currency published in early November.

Banknotes

Astrid Mitchell

2 Dec. 2022

3 min read

Liberia Reaches for the Stars

The Central Bank of Liberia is currently replacing its 2016 banknotes with a new series, which include updated designs and a new high denomination of L$1,000.

Banknotes

Astrid Mitchell

4 Nov. 2022

2 min read

BSP Estimates Savings with Polymer

The Bangko Sentral ng Pilipinas has said it will save as much as P2.4 billion (US$40 million) from the conversion of paper 1,000 piso banknotes to polymer due to their longer lifespan.

Banknotes Substrates, Features

Astrid Mitchell

4 Nov. 2022

8 min read

Neighbours – a Perfect Campus for Polymer Note Production

Currency News™ spoke to Malcolm McDowell, CEO of NPA, and Neil Sanders, Managing Director of CCL Secure, about their story, how their cooperation works, and the environmental as well as commercial benefits of their physical proximity.

Banknotes Interviews

Astrid Mitchell

4 Nov. 2022

4 min read

From Gold to Blockchain – Casa de Moneda Chile Reinvents Itself for the 21st Century

Despite being the oldest company in Chile (it was founded in 1743), in the last four years the state-owned firm Casa de Moneda Chile has gone ‘from the physical to the cloud’.

Banknotes Companies

Astrid Mitchell

4 Oct. 2022

4 min read

Indonesia Issues New Series on Independence Day

Bank Indonesia has designed a completely new series of banknotes, with significantly improved security features over the previous designs, selecting the nation’s Independence Day, 17 August, to launch them.

Banknotes

Astrid Mitchell

4 Oct. 2022

5 min read

New Monarch, New Currencies

The death of HM Queen Elizabeth II on 8 September was a time of mourning and reflection on her remarkable life as the second longest reigning monarch in history.

Banknotes Coins Free Free

Astrid Mitchell

30 Aug. 2022

1 min read

Indonesia Issues New Series for 2022

Bank Indonesia has issued a new series of banknotes in seven denominations to coincide with the country’s 77th anniversary of independence.

Banknotes

Astrid Mitchell

30 Aug. 2022

2 min read

FNMT Becomes BnEI Member

The Banknote Ethics Initiative (BnEI), launched in 2013, now has 15 members, after the Spanish banknote printer and papermaker Fábrica Nacional de Moneda y Timbre – Real Casa de la Moneda was formally accredited by the BnEI Accreditation Council.

Banknotes

Astrid Mitchell

30 Aug. 2022

2 min read

IBDA to Close its Doors

The International Banknote Designers Association (IBDA) is to be wound up, 12 years after the organisation was founded, at the first International Banknote Designers Conference in Geneva in 2010.

Banknotes News

Astrid Mitchell

30 Aug. 2022

2 min read

New Paper Mill for India

India is to take a further step and future-proof its plans for self-sufficiency in currency production with the construction of a new banknote paper mill, at a cost of INR 25 billion ($310 million).

Banknotes

Astrid Mitchell

1 Aug. 2022

3 min read

Green Light for New French Printworks

The Banque de France (BdF) has announced that the construction of a new banknote printworks on the same site as its paper mill in Vic-le-Comte (Europafi) is going ahead, and will be completed in 2026 at a cost of €220 million.

Banknotes Central Banks Free Free

Astrid Mitchell

29 June 2022

2 min read

Two New Apps for Banknote Authentication

In May, we covered Koenig & Bauer Banknote Solutions’ two offerings for app-based banknote authentication and education. This month it is the turn of two more – from De Nederlandsche Bank and Orell Füssli Security Printing.

Banknotes

Astrid Mitchell

29 June 2022

4 min read

JUMP™ – A Giant Leap Forward for Banknote Security and Beauty

Several studies have revealed how overt security features are not only more efficient, but are easy to recognise and authenticate, when they are well integrated in the banknote design.

Banknotes Substrates, Features

Astrid Mitchell

29 June 2022

4 min read

New Look, More Security for the Latest in a Long Line of Tunisian Banknotes

In April, the Central Bank of Tunisia completed the introduction of its latest series of four banknotes, the 11th since its inception in 1958, making it one of Africa’s most prolific banknote issuers.

Banknotes