Myanmar to issue new 5,000 kyat banknote

The Central Bank of Myanmar will issue a new 5,000 kyat banknote from 1 October 2014. The new note will have a new design and updated security features. All existing 5,000 kyat banknotes (first introduced in 2009) will remain legal tender.

There are currently no less than 11 denominations in circulation in Myanmar, which are 1, 5, 10, 20, 50, 100, 200, 500, 1,000, 5,000 and 10,000 kyat.

A picture of the new note will be added once I find one.

Steven | Friday 19 September 2014 at 09:34 am | | news | One comment
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Scotland votes 'No!'

Scotland has voted to stay in the United Kingdom after voters rejected independence with a wider margin than most people expected. For our hobby this means that not much will change in regards to the Scottish banknotes. Next year we'll see the introduction of the new polymer note by the Clydesdale Bank.  

Steven | Friday 19 September 2014 at 09:19 am | | news | No comments
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New additions week 38 - 2014

Recently I wrote about the new fantasy banknote set from the Mujand Trading Company. This fourth set is from the "Nation of Andaqesh" and features 7 banknotes. More background on this nation can be read here as well as other stories from the planet of Blissdane Naïve which can be found here. I love the whole mythology which has been created and the different banknote sets which reflect the various nations. The booklet which accompanied this particular set gave a preview of future sets so it seems we can expect more beautiful crafted sets from Mujand.

To buy this set, go to this site. If you're quick you might be able to buy one of the first seven sets and get a banknote with a #1 serial. Unfortunately the 500.000 finto note with a #1 serial number is no longer available ;-).

Steven | Wednesday 17 September 2014 at 09:50 am | | new additions | Two comments
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Dominican Republic to issue new banknotes

The Central Bank of the Dominican Republic has issued a statement that a new set of banknotes will be issued in October. The denominations of 50, 100, 200, 500, 1000 and 2000 dominican peso will get a new design and updated security features.

The design of the new notes will incorporate the national flower of the Dominican Republic: the Pereskia Quisqueyana (a.k.a. the Bayahibe Rose). The new notes will be issued from 1 October 2014 and will circulate alongside the current banknotes.

Update 17 September 2014: Pictures! Thanks to banknotenews.com.

Steven | Wednesday 10 September 2014 at 1:21 pm | | news | No comments
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De la Rue to print the UK's polymer pounds

As expected the Bank of England (BoE) has announced that banknote printer De la Rue is the "preferred bidder" for the new polymer 5 and 10 pound notes, which basically means De la Rue is going to print them. De la Rue lost out on a bid to provide the polymer sheets (which went to Innovia) but it was widely expected to retain the order to print the pounds, which it has been doing for the past decade.

The new notes will be smaller (by around 15%). The first polymer note to be printed and issued will be the £5 note with the image of Sir Winston Churchill. This note will enter circulation in 2016, shortly followed by the £10 note with the image of Jane Austen.

Steven | Tuesday 09 September 2014 at 09:21 am | | news | No comments
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Tunisia cancels old 5 and 10 dinar notes

The Central Bank of Tunisia has announced that old versions of the 5 and 10 dinar notes will be withdrawn from circulation by the end of 2014. Specifically the type 1993 and 2008 of the 5 dinar and the type 1986, 1994 and 2005 of the 10 dinar notes. The banknotes can only be exchanged for new banknotes from 1 January 2015 until 31 December 2019 at the office of the Central Bank.

The cancelled notes:

Steven | Friday 05 September 2014 at 09:39 am | | news | No comments
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Bulgaria will replace 2 lev note with a coin in 2015

Last year I wrote about the news that the Bulgarian National Bank was planning to replace the 2 lev note with a coin. No date was known at that time but according to rumours this week, this will happen in 2015.

Paper notes will continue to be used for a certain period of time, however the damaged bills will be withdrawn from circulation.

© banknoteworld.com

Steven | Tuesday 02 September 2014 at 11:09 am | | news | No comments
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Hungary to replace banknotes, issues new 10,000 forint

The Central Bank of Hungary is about to replace all issued banknotes, starting with a new 10,000 forint note issued today. The whole operation is scheduled to be finished in 2018. The new banknotes will get an updated design, new security features and the printing process will be made more cost efficient. The new banknotes are expected to last for another 20 years.

Steven | Tuesday 02 September 2014 at 10:48 am | | news | No comments

Joh. Enschedé to print dutch 10 euro notes

Dutch banknote printer Royal Joh. Enschedé has won a tender to print the new 10 euro notes for De Nederlandsche Bank (the dutch Central Bank). It’s for the first time since 2009 that Enschedé will print the dutch euro notes.

From early September the company will print a total of 413 million banknotes. This is very good news for the dutch company which has been in business since 1703 and was saved from bankruptcy early this year. The new 10 euro note will be issued from 23 September in Europe.

Steven | Tuesday 02 September 2014 at 10:30 am | | news | No comments
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Is India finally introducing polymer notes?

After years of deliberation and rumours it seems the Reserve Bank of India is finally ready to introduce its first polymer banknotes. The first issue will be in 5 cities accross India as a test to see how the plastic money will hold up in different weather conditions. These 5 cities will be: Kochi, Mysore, Jaipur, Bhubaneswar and Shimla. A total of 1 billion notes will be issued in 2015 and these will all be notes with low denominations.

After the pilot has been evaluated a decision will be made on the introduction of polymer money nationwide.

Steven | Thursday 28 August 2014 at 08:37 am | | news | No comments
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Mujand Trading Company releases new set

Collectors of fantasy banknotes can add a new set to their collection from the Mujand Trading Company. This is the 4th series in their collection of fantasy banknotes from the fictional planet Blissdane Naïve. This 4th edition is from the nation of Andeqesh and has the same level of detail and design as the previous three series. You can get the full set for $12 on the Mujand website. If you're quick you might be able to buy one of the first seven sets and get a banknote with a #1 serial number.


Steven | Thursday 28 August 2014 at 08:22 am | | news | No comments
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Trans-Dniester issues new commemorative notes

News from Trans-Dniester, the small breakaway state which issues its own banknotes after declaring independence from Moldova in 1990. The 'country' (though not recognized by any UN member state) has announced (Google translate) it will issue a commemorative set of notes commemorating "20 years of national currency 1994-2014".

The banknotes of 1, 5, 10, 25 rubles banknotes modified in 2012 will have an emblem on the lower right corner on the front which says "20 years of the national currency of 1994-2014". A booklet with more information can be found here.

Steven | Wednesday 27 August 2014 at 09:30 am | | news | No comments