New Zealand new note family reported for introduction in Q4 2015

According to an article on Bloomberg dated 26 June 2014, the Reserve Bank of New Zealand plans to introduce its seventh series of notes in 2015. “The new banknotes, which aim to improve design and security features, were originally intended to enter circulation” in 2014.

According to a press release dated 5 July 2014, the new notes will be designed and printed by the Canadian Bank Note Company, which currently prints Canada’s notes. New Zealand’s new notes will remain printed on polymer substrate, and they will retain the same denomination structure and sizes of the current series, as well as the same themes, with the same people and other elements, although in revised designs. The “near final” designs are expected to be unveiled publicly in November 2014, and the finished notes are expected to enter circulation in the fourth quarter of 2015.

Courtesy of Cleo Phas and Aidan Work.

Leave a Reply