B298 (P163): 5,000 pesos (US$7.85) Red. Front: Spanish text; stylized sun in red-to-gold OVI; stylized corazón del copihue (heart of Chilean bellflower); Gabriela Mistral (pseudonym of Lucila de María del Perpetuo Socorro Godoy Alcayaga); denomination as registration device. Back: Spanish text; denomination as registration device; Chilean palm trees and owlRead More…

According to a VNBusinessNews.com article dated 02.12.2009, Nguyen Ngoc Bao, the director of the Monetary Policy Department, has denied rumors that the State Bank of Vietnam plans to issue 1,000,000-dong (US$54) banknotes. At present the largest denomination in Vietnam is the polymer 500,000-dong note (B348, shown above). Courtesy of ThomasRead More…

According to a Gulf News article dated 16 December 2009, Gulf Cooperation Council (GCC) leaders concluded their annual two-day summit with an agreement to form a monetary union, paving the way for a single currency for Bahrain, Kuwait, Qatar, and Saudi Arabia; Oman and the United Arab Emirates opted out.Read More…