Latest News

Astrid Mitchell

29 Feb. 2024

2 min read

BSP Ups Orders for Polymer Notes

Bangko Sentral ng Pilipinas (BSP) will be circulating an additional 1 billion P1,000 polymer banknotes in 2024, double the amount previously ordered in 2021 for the circulation trial of the polymer versus the paper version.

Banknotes

Astrid Mitchell

29 Feb. 2024

10 min read

Ancient and Modern – Using Kazakhstan’s Unique Cultural Heritage to Create Pioneering New Banknote Series

Last November, the National Bank of Kazakhstan (NBK) issued a commemorative 10,000 tenge banknote to celebrate the 30th anniversary of the national currency, followed in December by the issue of the first banknote in a new note series, the 5,000 tenge.

Banknotes Central Banks Free Free

Tim Berridge

29 Feb. 2024

4 min read

Polymer’s Not the Problem. It’s the Green Choice

The problems with plastic are widely known – but not well understood. The truth is, sometimes plastic is necessary. And when it comes to banknotes, polymer substrate is the green choice.

Banknotes Sustainability

Astrid Mitchell

1 Feb. 2024

2 min read

Note And Coin News

The People’s Bank of China (PBC) has issued a 20 yuan commemorative legal tender banknote to celebrate 2024’s Lunar Year of the Long (Chinese Dragon), which begins on 10 February.

Banknotes Coins

Astrid Mitchell

1 Feb. 2024

2 min read

Speaker Highlight – 2024 Banknote Conference

The Banknote Conference is the industry’s premier technology-focused event with a long and rich history of hosting the world’s technology experts from central banks, printing works, and industry suppliers and providing an unparalleled opportunity to discuss emerging trends, technologies, and innovation.

Banknotes Events

Astrid Mitchell

22 Dec. 2023

4 min read

Recognising Excellence in Banknotes from Asia

This year’s prestigious Regional Banknote of the Year Awards for Asia were presented at a special ceremony during the High Security Printing™ (HSP) Asia conference earlier this month.

Banknotes

Astrid Mitchell

22 Dec. 2023

1 min read

Master Blaster Graces New ECCB Note

The Eastern Caribbean Central Bank (ECCB) has issued a new denomination $2 commemorative banknote in celebration of its 40th anniversary.

Banknotes

Astrid Mitchell

1 Dec. 2023

4 min read

National Day of Currency in Kazakhstan

In November 1993, the first President of Kazakhstan, Nursultan Nazarbayev, signed a decree ‘On the introduction of the national currency of the Republic of Kazakhstan’. Following this, the tenge became the official currency of the country.

Banknotes

Astrid Mitchell

1 Dec. 2023

2 min read

Nigeria Bins Demonetisation

The Central Bank of Nigeria (CBN) has confirmed that it will allow old banknotes that were due to be phased out in December to remain legal tender indefinitely, following a ruling by the country’s Supreme Court.

Banknotes Cash Handling

Astrid Mitchell

1 Dec. 2023

2 min read

Morocco Rolls out New Note and Coin Series

Bank Al-Maghrib has issued a new coin series as part of its latest round of currency updates. Alongside new 10 and 20 centimes, and ½ dirham, 1, 5 s and and 10 dirham coins, an updated 100 dirham banknote has also been issued as the first in a new note series.

Banknotes Coins

Astrid Mitchell

1 Dec. 2023

2 min read

Design of New Euro Banknote a Choice Between Culture and Nature

Euro banknotes are set to be adorned with either rivers and birds, or images of European culture, as the Governing Council of European Central Bank (ECB) whittles down options for the first redesign of the currency since its inception.

Banknotes

Astrid Mitchell

28 Sept. 2023

1 min read

BSP Collects Award for Banknote of the Year

After the International Bank Note Society (IBNS) announced earlier this year that the Philippines’ new polymer 1,000 piso was the 2022 Banknote of the Year winner (see CN April 2023), the Melbourne branch of the IBNS formally presented the award to Bangko Sentral ng Pilipinas Assistant Governor Mary Anne Lim in a ceremony held at Note Printing Australia.

Banknotes

Astrid Mitchell

27 Sept. 2023

2 min read

A Quantum Leap for Meta Materials

Meta Materials, under its former name of Nanotech Security Corporation, has been a pioneer in banknote OVD technology for the past decade with innovations in micro-, nano- and now plasmonic structures.

Banknotes Companies

Astrid Mitchell

24 Aug. 2023

4 min read

Neurocash – A New Way of Designing Cash

Miguel López, Research and Development Unit Manager in Banco de España recently presented a new way of designing cash, Neurocash, at both the EMEA and Latin American High Security Printing conferences.

Banknotes

Astrid Mitchell

24 Aug. 2023

2 min read

Get the Vibe with New Thread from SURYS

In his interview in last month’s Currency News, Frederic Trojani, CEO of SURYS, referenced a new thread from the company, Vibes™.

Banknotes Technology

Astrid Mitchell

24 Aug. 2023

2 min read

Fiji Issues Lucky Dragon Note

The Reserve Bank of Fiji has released a commemorative banknote to celebrate the Chinese Lunar Year of the Dragon. The date of issue – the eighth day of the eighth month– is an auspicious one, the number 8 being the luckiest in Chinese culture, symbolising wealth and good fortune.

Banknotes

Astrid Mitchell

24 Aug. 2023

3 min read

Next Generation Cash Processing from G+D

Giesecke+Devrient has announced the next generation of its BPS® M systems for banknote processing – the BPS® M evo series.

Banknotes

Alan Eckford

24 Aug. 2023

4 min read

Banknote Design Concepts of the Future

Banknotes have changed considerably since De La Rue printed its first paper money for Mauritius in 1860. The adoption of lithography introduced more colourful designs, patterns, and imagery. Security features such as watermarks, polymer windows, threads, novel inks, and applied features then additionally introduced contrasting textures and sheen, movement and complexity.

Banknotes

Chander S Jeena

24 Aug. 2023

2 min read

Banking on World Heritage

Banking on World Heritage, a first-of-its-kind exhibition, was held at the Indira Gandhi National Centre for the Arts (IGNCA) in New Delhi from 30 June to 9 July. It was conceptualised and curated by Ms Rukmini Dahanukar, an independent research scholar under her proprietary research, ‘Money Talks’, that unfolds the untold story of banknote art and design from around the world.

Banknotes

Astrid Mitchell

31 July 2023

2 min read

Latest News on Composting Banknote Waste

Biobanknote, developer of solutions for repurposing end of life banknotes and the Banco Central de Reserva del Perú have recently conducted a composting test with the waste from banknotes withdrawn from circulation at the Control Ambiental plant.

Banknotes Sustainability