Lithuania adopts the euro

On 1 January 2015 the new year began and this marked the end of the litas as a currency. Lithuania is the 19th member of the eurozone and has adopted the euro as its currency. The litas was already pegged to the euro since 2 february 2002. The litas has been replaced at a rate of EUR 1.00 = LTL 3.45280. 

The new eurozone looks like this (dark blue area):

© www.wikipedia.org

Steven Vrijdag 02 Januari 2015 at 09:01 am | | news | Geen reacties
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Happy New Year

I wish you all a happy 2015 and hope that your wishes may come true this year! Happy collecting!

Steven Vrijdag 02 Januari 2015 at 08:59 am | | fun | Geen reacties

'Concerns' over new 50 dollar note

Just a few days ago the new polymer 50 dollar banknote was introduced in Trinidad and Tobago and already concerns have been issued. Or 'concerns' as I should rather put it. Because the problem borders on the ridiculous. 

On the reverse side of the note an image of a young female masquerader in an award-winning carnival costume can be seen. Some people however see a depiction of a serpent queen and even the devil. For more clarity, the image of the banknote and the photo which was used for the note below.

Honestly: don't people have better things to worry about?

Steven Maandag 29 December 2014 at 10:35 am | | news | Twee reacties
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Happy holidays!

Since I probably won't have much time to post any updates the coming days, I wish you all happy holidays!

Steven Donderdag 25 December 2014 at 09:01 am | | fun | Geen reacties

Cape Verde issues first notes of the new series

As expected the Central Bank of Cape Verde has issued the first notes in the new series. The 200, 1,000 and 2,000 escudos notes have been issued on 23 December 2014.

The remaining 500 and 5,000 escudos notes will follow in January 2015 September 2015

  • The new 200 escudo note honours the physician and Cape Verdean writer Henrique Teixeira de Sousa and his native island, Fogo. This is the only note of the three which is made of polymer.
  • The new 1000 escudo note has a picture of musician and composer Codé di Dona, whose real name was Gregório Vaz, one of the foremost exponents of funaná music
  • Singer Cesaria Evora's “morna” music is honoured on the 2,000 escudo note. 
© www.banknotenews.com
© www.banknotenews.com

© www.banknotenews.com
© www.banknotenews.com

© www.banknotenews.com
© www.banknotenews.com

Steven Donderdag 25 December 2014 at 08:34 am | | news | Geen reacties
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With paper money, tiny details lead to big adventures

"Often a design on a piece of paper money can lead you down a trail of adventure without ever leaving your desk." Thus begins a great article on Coinworld.com, which is probably very recognizable for collectors like us.

Steven Vrijdag 19 December 2014 at 1:02 pm | | links | Geen reacties

ECB will unveil new 20 euro note on 24 February 2015

The ECB has announced that the new €20 banknote will be unveiled on 24 February 2015.

From the website: "The new €20 is the third banknote of the Europa series to be introduced after the €5 and €10. The ECB and the national central banks of the euro area – the Eurosystem – will unveil the banknote and announce its exact issuance date on 24 February 2015. The Europa series is being introduced to further improve the integrity of euro banknotes and to keep ahead of counterfeiters."

Steven Vrijdag 19 December 2014 at 12:42 pm | | news | Geen reacties
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Canadians propose their ideas for future banknotes

The Bank of Canada has published the results from the public consultation into its banknote design principles. The public was asked in October of this year to participate in the design process for future banknotes, including the recently announced commemorative issue which is to be issued in 2017.

The results of the consultation can be found in this press release: "Of the nearly 2,000 Canadians who participated, about 80 per cent said they support the principles the Bank put forward. There was considerable interest in how bank notes reflect Canada and many respondents said greater emphasis should be put on representing gender equality, multiculturalism and aboriginal culture. Others said bank notes should show iconic Canadian activities and achievements, landscapes and famous Canadians."

Not really a surprising result is it? Canadian citizens still have the opportunity to propose ideas for the new commemorative note until 8 January 2015.

Steven Woensdag 17 December 2014 at 12:02 pm | | links | Geen reacties
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Ethiopia seeks to print its own banknotes

The websites allAfrica.com and addisfortune.net report that the National Bank of Ethiopia has issued a tender to, first, investigate if the country is capable to print its own banknotes and second, (if the answer is yes) to set up a national banknote printing facility.

"The Bank announced a tender two weeks ago to hire an international consultancy firm to conduct a feasibility study for the printing plant on the state owned daily newspaper, The Ethiopian Herald.

The main aim of planting the factory is to save the foreign currency that the country is spending to print banknotes in foreign countries. The other reason is to centralise the printing of banknotes in one place, according to a senior official from the Bank.

(...) Currently, NBE predominantly prints banknote in European countries, mainly in England and France. It has made an order for new banknote, as the notes that are in circulation have become worn out from use. The old notes will be collected and disposed of by burning."

Steven Woensdag 17 December 2014 at 11:51 am | | news | Geen reacties
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Iran issues new 20,000 rial note

Banknotenews reports that Iran has issued a new banknote of 20,000 rial. The new blue colored note shows ayatullah Khomeini on the front and a building on the back.

From what I can gather from the press release (Google translate isn't fluent in Farsi it seems) the building is an example of a so-called wind tower (Persian: Bâdgir, which literally means windcatcher), an age-old form of air conditioning for houses. From what I'm able to find online the building appears to be the Aghazadeh House in the city of Abarkuh, but please correct me if I'm wrong.

© www.banknotenews.com
© www.banknotenews.com

Update: Yeah, I'm pretty sure it is the Aghazadeh House (source):

Steven Woensdag 17 December 2014 at 08:37 am | | news | Geen reacties
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Kazakhstan introduces new 1,000 tenge banknote

The National Bank of Kazakhstan announced it has issued a new 1,000 tenge banknote to the public. The front of the yellow and brown note shows doves and the Kazakh Eli monument in Astana we have seen on other notes in this series. The back of the note shows a mountain landscape and the Ustyurt Plateau.

Could this be the next winner of the IBNS Banknote of the Year contest? Three previous notes (1, 2, 3) in this series have already won the price and they had a very similar design which obviously appeals to the members of the IBNS. I'm still not wild about the design because it's too chaotic for my taste but we'll see next year if Kazakhstan has another winner.

Steven Woensdag 17 December 2014 at 08:04 am | | news | Geen reacties
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Trinidad and Tobago issue new 50 dollar note

The Central Bank of Trinidad and Tobago has unveiled and issued the new 50 dollar commemorative note. The new note is made of polymer and gold in colour. The note shows the national coat of arms on the front of the note.  It also shows an artistic rendering of a red hibiscus flower and an image of the Red-capped Cardinal bird in flight against a clear, transparent window. The reverse shows a young, female masquerader in an award-winning carnival costume.

Below is a video showing the beautiful new note.

Steven Dinsdag 16 December 2014 at 10:18 am | | news | Geen reacties

Dominican Republic issues new 2,000 pesos note

The Central Bank of the Dominican Republic has issued the new 2,000 pesos dominicanos note last week as part of the new family of banknotes introduced last October.

© www.banknotenews.com
© www.banknotenews.com

Steven Vrijdag 12 December 2014 at 11:52 am | | news | Geen reacties
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Trinidad and Tobago about to introduce new $50 note

As announced on 29 October 2014 the Central Bank of Trinidad and Tobago is introducing a redesigned 50 dollar note on 13 December. The new note is made of polymer and commemorates the 50th anniversary of the country. It’s also introduced because the current 50 dollar note looks too much like the 5 and 10 dollar note.

Update 10 December: Oops.... it turns out the supposed picture of the new note I posted yesterday isn't the new note at all. Thanks for pointing that out Shrinivas Kesavan! Mental note to self: don't post when you're too busy to check your sources. We'll just have to wait until Saturday for the new note. There is this teaser available while we wait.

Read More

Steven Dinsdag 09 December 2014 at 09:35 am | | news | Drie reacties

Mauritania issues new 200 ouguiya note

Besides a new 1,000 ouguiya note the Banque Central de Mauritanie has also issued a new 200 ouguiya banknote. This note is printed on regular paper and not the polymer substrate the new 1,000 ouguiya note is printed on.

The new note is similar to the existing 200 ouguiya note but it's smaller in size and has updated security features.

Steven Dinsdag 09 December 2014 at 08:49 am | | news | Geen reacties
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