According to an article in Tehran Times dated 7 April 2011, Mahmoud Bahmani, the governor of the Central Bank of the Islamic Republic of Iran, said the bank has begun studying plans to remove four zeros from the rial, and will seek approval from the Monetary and Credit Council withinRead More…
According to an article in The East African dated 4 April 2011, Kenya’s new constitution requires that names of individuals be removed from the front of banknotes and coins. The country’s current notes, originally issued in 2004, all feature a named portrait of Kenya’s first president, Mzee Jomo Kenyatta. ThisRead More…
According to a Bloomberg Businessweek article dated 30 March 2011, the Bank of Southern Sudan plans to release its own currency, called the South Sudan pound, when the new African country declares independence in July 2011 and after either the US or the UK recognizes Southern Sudan as an independentRead More…
According to a Bank of Canada press release dated 10 March 2011, new 100-dollar (US$103) polymer banknote will be issued in November 2011, with a polymer 50-dollar note to follow in March 2012. The bank also provided further technical and background information about the new notes. Additional details regarding securityRead More…
At a press conference on 20 November 2010, Alhasanne Barry, governor of the Banque Centrale de la République de Guinée, unveiled new 1,000-, 5,000-, and 10,000-franc (US$0.15, 0.70, and 1.45, respectively) banknotes to commemorate the 50th anniversary of Guinean currency. In addition to the 50th anniversary logo on theRead More…
On 22 November 2010, the Central Bank of Suriname issued new 20- and 50-dollar notes dated 1 SEPTEMBER 2010 with the following improved security features: The notes now have a holographic strip at right front. An electrotype CBvS has been added to the watermark. The signature of the previous presidentRead More…
,,,,, According to a press release from the Hong Kong Monetary Authority, the HKMA and the three note-issuing banks (Standard Chartered Bank (Hong Kong) Limited, The Hongkong and Shanghai Banking Corporation Limited, and Bank of China (Hong Kong Limited) introduced new 500-dollar (US$64.20) banknotes of the new 2010 series onRead More…
According to a Radio Fiji article dated 1 March 2011, Fiji’s prime minister, Commodore Frank Bainimarama, has announced that the country will replace the 2-dollar (US$1.10) banknote with a coin, the color of the current 5-dollar (US$2.75) note will be changed from brown to green, and there will be newRead More…
B1077 (P206): 20 piso (pesos) (withdrawn 00.12.2019) Orange. Front: Filipino text; Filipino as the National Language 1935; Manuel Luis Quezón; seal of Philippine president; Bangko Sentral ng Pilipinas seal; Malacañang Palace (presidential residence) and Pasig River in San Miguel, Manila. Back: English and Filipino text; map; palm civet (Paradoxurus HermaphroditusRead More…
An East African Business Week article dated 14 February 2011, contains interesting information on the continuing plans to form an East African Community Monetary Union similar to the European Union, wherein all the partner states will replace their individual currencies—the Burundian franc, Kenyan shilling, Rwandan franc, Tanzanian shilling, and UgandanRead More…