Cuba devalues convertible peso to match US dollar
According to a BBC report dated 14 March 2011, Cuba is devaluing the convertible peso by approximately 8% to place it at par with the US dollar in an effort to boost exports and local production, and to make travel to Cuba more affordable to tourists. Courtesy of Aidan Work.Read More…
Scotland replacement note info requested
Collector Mick Wilson is trying to obtain a full breakdown of replacement Scottish banknotes. He seeks info on the following: Bank of issueDenominationDate on noteSerial number300-dpi scans of the note. Anyone who can assist Mick is encouraged to email him directly.Read More…
Bank of Estonia publishes third part of money catalog
Eesti Pank, the Bank of Estonia, has published the third part of Estonia’s money catalog. The first and second volumes of the catalog published in 2007 include banknotes and circulation and collector coins that were issued during both the first Republic (1918-1940) and after the monetary reform of 1992 inRead More…
Nepal withdraws King Gyanendra notes on 15.03.2011
According to a BCC report, Nepal Rastra Bank is withdrawing all banknotes bearing the portrait of the former king, Gyanendra, as of 15 March 2011, though they can still be exchanged for new notes depicting Mount Everest at bank branches for several more weeks.Read More…
Canada first polymer notes scheduled for November 2011
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…
Ukraine new signature varieties reported for introduction in June 2011
Persuant to the National Bank of Ukraine resolution No.55 dated 4 March 2011, NBU will issue banknotes with the signature of Serhii Arbuzov, the bank’s new governor appointed 19 January 2011, following this schedule: 50-hryvnia (US$6.30) note will be issued 1 June 2011. 10-hryvnia (US$1.25) note will be issued 1Read More…
Tanzania refutes rumors of recall of new note family (B139a – B143a)
According to an artilce in The Citizen dated 10 March 2011, Bank of Tanzania has refuted rumors that it was withdrawing the new family of notes (B139a – B143a) that it had just introduced on 1 January. Apparently there have been widespread complaints that the new notes are of inferiorRead More…
United States could save billions by eliminating 1-dollar note
According to a US Government Accountability Office report dated 4 March 2011, the US could save $5.5 billion over 30 years by replacing the 1-dollar banknote with a coin because coins last longer in circulation. This is the fourth time the GAO has made this recommendation in the past twoRead More…
Israel new note family to feature poets, not politicians
According to a press release dated 10 March 2011, the Bank of Israel has announced that poets and scholars—specifically, Natan Alterman, Leah Goldberg, Shaul Tchernichovsky, and Rachel the Poetess—will be featured on new Israeli banknotes which will be issued over three years, starting in 2012. The bank’s choices must beRead More…
Tajikistan revised 5-somoni note (B206b) confirmed
Like B206a, but central vignette in blue, not gray. Intro: 2010. Courtesy of banknoteshop@gmx.net.Read More…