Venezuela: According to local newspapers the first 10,000 bolivares notes have arrived to Venezuela. (Source: El Nacional) 19JAN17
Ghana: Bank of Ghana will present in March an improved note of 5 cedis.
(Source StarrFM) 19JAN17
Gibraltar: The polymer 100 pounds note commemorative of the Centennial of the Birth of Gibraltar’s First Chief Minister, Sir Joshua Hassan, will probably be released to circulation next week.
(Courtesy Numismatic Section, Treasury, Government of Gibraltar) 17JAN17
Venezuela: The new notes are finally in circulation. The legal tender status of the 100 bolivares notes has been further extended until February 20.
(Source: Globo Vision) 16JAN17
Guatemala: Banco de Guatemala will issue on Monday an improved note of 20 quetzales, which has a scroll at right of front printed on Optical Variable Ink.
(Source : Siglo21, Courtesy Cleophas Schockem) 14JAN17
Bahrain: The Central Bank of Bahrain is revamping all the denominations with the addition of blind friendly marks on the 1/2; 1 and 5 dinars banknotes, which will be issued very soon. (Source: GDN Online) 12JAN17
Bangladesh: The color of the 2016 dated 5 taka notes has been changed from brown to purple. The name of the bank in the front and back is written in Bengali and other details has been changed. (Source Ebay, courtesy Claudio Marana) 10JAN17
Venezuela: President Nicolás Maduro has announced that the new notes will start circulating on January 16. He also said that 60 million notes of 500 bolívares, 4.5 million notes of 5,000 bolívares and 2.9 million notes of 20,000 bolívares have been received from the printers. (Source: El Universal) 10JAN17
Uruguay: Here is the picture of an acutal circulating note of the new 200 pesos version issued on the 29 of December. (Courtesy Waldemar Alvarez, Gales Servicios Financieros) 06JAN17
Indonesia: Moslem groups are unhappy about the new notes because some show women without a veil. They also complain that several of the men selected for the new series are not Moslem. (Source Hoholok) 04JAN17
India: The Reserve Bank of India extended the time for NRI (Non resident Indians) to redeem the withdrawn 500 and 1000 rupees notes until 30 June 2017.
(Source: The Economic Times) 01JAN17
Uruguay: The Banco Central del Uruguay issued on December 29 an improved note of 200 pesos uruguayos dated 2015. The new notes are of the Series F and dated 2015. They have a new OVI seal and blind friendly marks on both sides. These notes were printed by Casa de Moneda, Chile. (Source: Banco Central del Uruguay) 01JAN17
Venezuela: President Nicolás Maduro said that in January he will announce the exact date in which the new banknotes will be issued. Several planes have already arrived, presumably with supplies of the new 500; 5,000 and 20,000 bolívares.
(Source: La Patilla) 30DEC16
Venezuela: The validity of the 100 bolivares notes has been extended until January 20, 2017. It's quite possible that it will be further extended. The new 500 bolivares notes are not yet in circulation as of today. 29DEC16
The Philippines: The Bangko Sentral ng Pilipinas has decided today to extend the time to exchange the old series of notes to March 31, 2017. The original date was December 31, 2016. (Source: Bangko Sentral ng Pilipinas) 28DEC16
Saudi Arabia: The Saudi Arabian Monetary Authority has started distributing the new banknotes and coins. Individuals can obtain up to SAR3,125 in a mixture of coins and notes. The new notes are not yet available in ATM's, and salaries will be paid in old style notes. (Source: Saudi Gazette) 28DEC16
Paraguay: The Banco Central del Paraguay has released yesterday new improved versions of the banknotes of 20,000; 50,000 and 100,000 guaraníes. The characteristics are: 100,000 2015 serie I (printed by Oberthur Technologies) with color shifting segmented security thread, with value repeated. 50,000 2015 serie I (printed by Oberthur Technologies) with color shifting segmented security thread, with value repeated. 20,000 2015 serie G (printed by Casa de Moneda Chile) with double line segmented security thread. There is also a 2016 5,000 guaraníes printed on polymer, which is similar to the one dated 2011. Both were printed by the Canadian Bank Note Company.
(Courtesy Miguel Pratt, Numismatica Independencia, Banco Central del Paraguay, Cleophas Schockem) 27DEC16
Uganda: A multi-billion currency printing deal to a German firm has put President Museveni, Finance minister Matia Kasaija and other senior government officials against Central Bank Governor, Emmanuel Tumusiime-Mutebile. The governor of Bank of Uganda opposes printing the notes in Uganda, because he sees inherent dangers in the scheme. (Source 4-Traders) 23DEC16
Russia: Bank Rossiya is planning to issue a 100 rubles banknote commemorative of the 2018 Football World Cup. The note will be printed on a plastic substrate. There are six designs, of which one will be eventually selected.
(Source Goznak, courtesy Cleophas Schockem) 23DEC16
Ukraine: The National Bank of Ukraine will most likely issue a note of 1,000 hryvnia in 2017. (Source Ukranian Hot News, courtesy Cleophas Schockem) 23DEC16
Rep. of Korea: Bank of Korea plans to issue a 2000 won note commemorative of the 2018 Winter Olypmpic Games that will take place in PyeongChang. The design of the note has been criticized as being amateurish. (Source Korea Times) 22DEC16
Bahrain: The Central Bank of Bahrain has recently issued modified notes of 10 and 20 dinars. The changes include improved seals in the left of front and blind friendly marks at right, and "Motion" wide security segmented thread on back.
(Source Banknoteworld & emiro50) 21DEC16
Nepal: Nepal Rastra Bank has released to circulation modified notes of 20 rupees. The new notes, dated 2016, have two deers at back. (Courtesy Claudio Marana) 20DEC16
Perú: The Banco Central de Reservas del Perú has started releasing in late November the improved notes dated 2012. The main difference in the front is the value printed in ”SPARK” ink.
(Courtesy María Antonieta Avila) 20DEC16
Zimbabwe: Here is a picture of the new Zimbabwe bond note. 20DEC16
Indonesia: Here are good pictures of the new Indonesian banknotes issued yesterday.
(Source Bank Indonesia) 20DEC16
Pakistan: Senate passed a resolution recommending the withdrawal of the 5,000 rupees banknotes. It proposes a gradual withdrawal of the notes over three to five years, with the purpose of encouraging people to use bank accounts.
(Courtesy Pieter Lim, Canada Currency Centre. Source The Indian Express) 20DEC16
Iran: There are new limits for the import/export of currency by travelers. Amounts of or over USD10,000 must be declared. (Courtesy Central Bank of Iran) 19DEC16
Bosnia Hercegovina: The notice published on December 2 about the end of the exchange of the notes 0.50; 1 and 5 konvertibilnih maraka was in error. These notes will cease to be redeemed on December 31, 2017. We regret the error. 19DEC16
Malawi: The Reserve Bank of Malawi Governor Charles Chuka on Friday said that Malawians should expect new bank note soon. He may be referring to a 5,000 kwacha note. (Courtesy Nyika Daily News) 19DEC16
Malaysia: Bank Negara Malaysia has refuted rumors about the issued next year of a new series of banknotes. (Courtesy The Star) 19DEC16
Venezuela: A shipment of 272 crates, each with 50,000 notes of new 500 bolívares Fuertes notes has arrived to Caracas on Sunday. The Government blames the delay on the United States Treasury. (Courtesy DW) 19DEC16
Indonesia: The new family of notes has been issued today.
Courtesy (Tempo, Pojok Network, Peter Liem and Cleophas Schockem) 19DEC16
Guinea-Conakry: The time limit for the exchange of all older 5,000 francs notes issued from 1985 to 2012 has been extended until the end of March 2017.
(Courtesy GCI) 19DEC16
Argentina: The Banco Central de la República Argentina made public the intended design of the notes that will complete the new family of notes. It is understood the the definite design may be slightly different.
(Courtesy Cleophas Schockem and Minuto Uno) 19DEC16
Australia: The Government has created a taskforce to study the cash economy. One of the issues it will consider is the role of the 100 dollars bill, and its possible recall. (Courtesy Radio Australia) 19DEC16
Venezuela: The legal tender status of the 100 bolívares Fuertes notes has been extended until January 2, 2017. President Maduro blames the delay in receiving the new banknotes on "international sabotage." Borders with Brazil and Colombia remain closed. (Courtesy Antje Bird and TeleSur) 18DEC16
Venezuela: The Banco Central de Venezuela has not yet issued any of the new notes announced for yesterday release. Apparently they are writing new rules about cash import and export, before they release the notes. The Bank is issuing the new coins, which present less risk of being smuggled out. A “futures” market is being created in the social media, where there are takers of the large 20,000 bolívares, when issued, at a premium. Presumable the takers plan to use them for deals in Colombian or Brazilian border towns. 16DEC16
Venezuela: The time to exchange the demonetized 100 bolívares fuertes notes has been shortened to 5 days, and ends on December 20. The exchange may be made also at private banks. (Courtesy Sumarium) 16DEC16
Vietnam: Police arrested a person spreading fake news on social media about the replacement of banknotes in Vietnam. He claimed that the new notes were being printed in China, and also recommended that people withdraw their money from banks, and exchange it for gold and foreign currency. (Courtesy Vietnam News) 16DEC16
Switzerland: The Swiss National Bank announced that the new 20 francs note will be issued on 17 May 2017, with the 10 francs note following later.
(Courtesy Agefi and Cleophas Schockem) 15DEC16
Tajikistan: The National Bank is considering the use of President Emomali Rahmon's portrait on a proposed new 1,000-somoni banknote, which would be worth about $127. (Courtesy RFERL) 15DEC16
Saudi Arabia: The new family of banknotes will circulate from December 26.
(Courtesy Arab News) 15DEC16
Indonesia: Bank Indonesia will start issuing notes of the new family on Monday December 19. The new notes have improved security devices.
(Courtesy Jakarta Globe) 15DEC16
Macedonia: The National Bank of Macedonia released today the new banknotes of 200 and 2,000 dinara. The designs show small differences with respect to the "concept" notes that were previously published.
(Courtesy National Bank of Macedonia and Cleophas Schockem) 15DEC16
Venezuela: As of 11am local time, the new banknotes have not yet arrived to the Central Bank. It is unknown which denominations will arrive. 15DEC16
Venezuela: It is unclear which is the actual last day to exchange the 100 bolivares notes at the Central Bank. The "Aviso oficial" of the Central Bank specifies December 25, 2016. The "Gaceta Oficial Extraordinaria"of December 11 gave December 24 as the last day; while the president of the Central Bank declared that the last day is the 29th. 15DEC16
Venezuela: The Banco Central de Venezuela set limits for the import and export of local currency. The new limits are 306 "Unidades Tributarias" (VEF54,162) for people entering or leaving by air, and 200 UT's (VEF35,400) for land crossing.
(Courtesy El Universal) 15DEC16
Venezuela: Nelson Merentes, President of the Banco Central de Venezuela announced today that new rules for the export of National Currency are being prepared to prevent the export of large amounts of local coins and banknotes. (Courtesy Telesur) 14DEC16
Venezuela: We have been informed by private sources that the exchange of the 100 bolívares fuertes, which are being withdrawn from circulation, is going on in a relatively orderly way. In the previous weeks the pension payments have been made with smaller notes, probably in anticipation of this measure. Therefore low income people have very few, if any “large bills” left to exchange. Today there were long lines at the banks, which moved relatively fast because most of the notes being retired are being deposited to bank accounts or paid by cash cards. Few people demand smaller notes in exchange. 13DEC16
Venezuela: The Banco Central de Venezuela confirmed by an official announcement that the exchange of notes of 100 bolívares fuertes may be made at any bank from today until Thursday 15. From December 16 until the 29th the exchange can be made at the designated windows of the Central Bank. (Courtesy Caraota Digital) 13DEC16
Saudi Arabia: The Saudi Ara M A has presented a video with the pictures of the new notes and coins which are dated 2016.
(Courtesy Saudi Arabian Monetary Authority and Antje Bird) 13DEC16
Saudi Arabia: An article in QBS News presents photos of the new Saudi notes
to be presented tomorrow. (Courtesy QBS News and Dr. Wolfgang Schuster) 12DEC16
Venezuela: The Government of Venezuela clarified the terms of the
demonetization of the 100 bolívares notes:
1. Today is a Bank Holiday, therefore there are no operations.
2. The deposit of these notes to bank accounts can be done only from
opening of business of 13 December till close of 15 December.
3. The exchange for other notes or coins can be done only at
government banks during the same dates.
4. Afterward these notes mayo only exchanged until December 24 at
the offices of the Central Bank in Caracas and Maracaibo.
(Courtesy Efecto Cocuyo) 12DEC16
Malawi: The Minister for Finance, Economic Planning and Development Goodall
Gondwe is considering doing an Indian-style change of currency, to flush out the cash stashed away by corrupt officials. (Courtesy The Nation) 12DEC16
Iran: The Governor of the Central Bank of the Islamic Republic of Iran declared that the switch from rials to tomans will be smooth. Notes in both currencies will coexist. (Courtesy Financial Tribune) 12DEC16
Saudi Arabia: King Salman bin Abdul-Aziz Al-Saud was presented with a set of the new coins and notes to be made pubic tomorrow. (Courtesy GDN online) 12DEC16
India: There are rumors in the social media about the use of the radioactive isotope P32 in the ink of the 2,000 rupees notes. This would allow the authorities to detect places, other than banks, where large accumulations of these notes are present. Likely, these rumors are false. (Courtesy India Today) 12DEC16
Venezuela: In a surprise and inexplicable move, Nicolás Maduro, president of Venezuela, ordered the withdrawal from circulation of the 100 bolívares banknotes (worth about 2 to 3 U.S. cents ,) which will cease to be legal tender in three days, and will lose all value by December 24. This will give two weeks to exchange billions of notes. If that would not be enough, the exchange will be made only at Government banks and at the Central Bank. Airports and borders will be closed to prevent the reimportation of notes held outside of Venezuela. Obviously the public banking system will not possibly be able to cope with the process. (Courtesy Reuters and Antje Bird) 12DEC16
Iran: Due to the recently approved law to adopt the toman as the new monetary unit of Iran, it is quite possible that in 2017 there will be new notes expressed in that country. Each toman will be equal to 10 rials. (Courtesy Financial Tribune) 11DEC16
Saudi Arabia: The Saudi Arabian Monetary Authority will present on Tuesday a new family of coins and currency. (Courtesy Asharq Al-Awsat and Cleophas Schockem and Dr Wolfgang Schuster) 11DEC16
Saudi Arabia: The Saudi Arabian Monetary Agency changed its name to Saudi Arabian Monetary Authority effective December 4, 2016. (Courtesy Arab News) 09DEC16
Colombia: The Banco de la Republica has issued on December 7 the new note of 10,000 pesos which honors anthropologist Virginia Gutiérrez. This denomination completes the new family of Colombian notes. 09DEC16
India: The Government has informed Parliament that the process to start to issue plastic or polymer 10 rupees notes has been initiated.
(Courtesy NDTV and Shibu Paul) 09DEC16
Iran: The Government plans to re-denominate the currency. The proposed new unit will be the "toman" equal to 10 current rials. While the rial has been the official monetary unit, in practice everybody already deals in tomans. This measure will only make official what is already happening in the marketplace. (Courtesy Financial Tribune) 08DEC16
Canada: The Bank of Canada has chosen Viola Desmond, a civil rights pioneer, as the first non Royal female to appear in the next 10 dollars note.
(Courtesy Global News) 08DEC16
Venezuela: The Banco Central de Venezuela made public the design of the new banknotes to be issued from December 15th. The first denomination to be issued will be the 500 bolivares fuertes, followed by the 5000's and the 20,000's. Other denominations will follow later.
(Courtesy El Universal, Dr Wolfgang Schuster and Cleophas Schockem) 07DEC16
India: The Reserve Bank of India has announced that it will issue notes of 100 rupees with minor modifications with respect to the current ones.
(Courtesy Narada News) 07DEC16
Kyrgyzstan: The National Bank of Kyrgyzstan will issue modified notes dated 2016, which include advanced security devices and improved designs.
The new notes, which will be known as the Fourth Series, are to be issued in January 1st, 2017 in the denominations of 200; 500 and 1,000 soms, and were printed by De La Rue. The denominations of 20; 50; 100 and 5,000 soms are printed by Oberthur Technologies and will be issued later on. Banknotes of the previous issues will be gradually taken out of circulation. (Courtesy News Agency 24, Kabar and Cleophas Schockem) 06DEC16
Seychelles: The Central Bank of the Seychelles will issue today its new banknotes printed by De la Rue. These notes have very advanced security features.
(Courtesy DelaRue) 05DEC16
Venezuela: The Banco Central de Venezuela announced officially in a communiqué dated December 4 that it will issue, beginning December 15, new notes of 20,000; 10,000; 5,000; 2,000; 1,000 and 500 bolívares Fuertes, as well as coins of 50; 20 and 10 bolívares Fuertes. (Courtesy Banco Central de Venezuela) 05DEC16
India: There is an image that went viral in the Indian social media that purports to be that of the not yet issued new note of 1,000 rupees. (Note of the editor: There are reasons to suspect that it may be a doctored photo of the new 2,000 rupees note.)
(Courtesy India.com) 03DEC16
Republic of Korea: Bank of Korea wants to convert to a coinless economy by 2020. The plan is to have convenience stores return small change by way of cash cards, or credit to the customer bank or credit card account. (Courtesy ZDnet) 03DEC16
Bosnia Hercegovina: The notes of 0.50; 1 and 5 convertible marks will cease to be redeemable by December 31st. (Courtesy Guy Turner & Gabriel A. Leichen) 02DEC16
Venezuela: According to Representative Ricardo Sanguino the Banco Central de Venezuela has already ordered the printing of 500 bolívares notes, which will arrive and will be issued this month. (Courtesy Globovision) 02DEC16
Polymer notes: As a consequence of the objection of the English people to the use of animal fat in the composition of the polymer notes, people in other countries using the same kind of substrate, most notably Canada and New Zealand, are asking their Central Banks to stop doing so. 01DEC16
England: Innovia, the polymer supplier for the Bank of England 5 pounds notes, is working on producing a substrate that does not have animal fat in it. There was a petition signed by more than 100,000 people to stop using animal fat in the polymer notes. (Courtesy Bloomberg) 01DEC16
England: One of the ingredients in polymer used for the new Bank of England 5 pounds notes is tallow, an animal fat. This greatly upsets vegetarians whether by choice or because of religious beliefs. (Courtesy EBL News) 30NOV16
Colombia: The Banco de la República issued today its new note of 2,000 pesos, which honors artist Débora Arango, with the “Five colors river” the Caño Cristales in the La Macarena hills. The 10,000 pesos note will be released on December 7th.
(Courtesy Banco de la Republica) 29NOV16
India: The Reserve Bank of India admits that there are variances in different batches of the new 500 rupees notes, which are due to the rush in producing them.
(Courtesy Huffington Post) 29NOV16
Egypt: An interesting article published by Madamasr mentioned by "Counting on currency" deals with projected designs for new Egyptian notes.
(Courtesy Mada) 29NOV16
Zimbabwe: Here is a picture of the new 2 dollar bill already in circulation.
(Courtesy Claudio Marana)
Bhutan: The Royal Monetary Authority has announced on September 22 the issue of a 1,000 ngultrum note commemorative of the Birth of the Gyalsey, meaning the birth of the Prince of Bhutan. The RMA has ordered 3,240,000 notes, which were printed by Giesecke and Devrient.
(Courtesy Royal Monetary Authority of Bhutan & Claudio Marana) 28NOV16
Barbados: The Central Bank of Barbados has issued on November 21st a 50 dollars banknote commemorative of the 50th Anniversary of Independence.
(Courtesy Central Bank of Barbados) 28NOV16
Panama: Travelers leaving Panama with more than USD10,000 or equivalent in other currencies must declare them to Customs. Before August it was only required to declare large amounts on arrival, but now it must also be declared on departure.
(Courtesy Critica.com) 27NOV16
Zimbabwe: The Reserve Bank of Zimbabwe announced that 2 and 5 dollars bond notes and 1 bond dollar coins will be released tomorrow Monday 28. The notes were reported to have arrived to Zimbabwe yesterday aboard an Ukrainian airplane. The opposition political parties are against the bond notes, which according to some are illegal.
The government wants people to use bank and credit card accounts, and has limited the withdrawals of the new notes to $50 per day and no more than $150 per week. Defacing the notes is punished by up to seven years prison.
The 2 dollars notes is green, with the Balancing Rocks on front with the Independence Flame on the back, and the $5 are purple, also with the Balancing Rocks on front and wildlife on back.
The initial issue will amount to 10 million dollars. The total amount of coins and notes to be issued is 200 million dollars, which are backed by a AfrexinBank facility. Bond notes can be deposited to existing bank “Multicurrency accounts.”
(Courtesy TechZim and Cleophas Schockem) 27NOV16
Bahrain: The import or export of currency, local or foreign, in amounts of EUR10,000 or more, or its equivalent must be declared. (Courtesy Bahrain Customs) 26NOV16
Namibia: The limits for the import/export declaration of currency have been raised to NAD100,000 or its equivalent in foreign currency as of Oct. 1, 2016.
(Courtesy Bank of Namibia) 26NOV16
Nepal: Nepal Rastra Bank has declared the new Indian notes of 500 and 2,000 rupees “illegal” in Nepal. From last year the prohibition of importing large notes by Nepalese and Indian residents into Nepal was lifted under the Foreign Exchange Management Act (FEMA.) Now that these notes have been replaced by the new ones of 500 and 2,000 rupees, the Nepalese Central Bank deems that the new notes, not being mentioned in FEMA, are illegal. (Courtesy Times of India and Gabriel Leichen) 26NOV16
Liberia: The Government of Liberia has established the requirement of declaration for the import or export of USD10,000 or more or its equivalent in local or other foreign currencies. (Courtesy The Liberia Official Gazette) 26NOV16
Bangladesh: The amount of local currency that a visitor can bring in has been increased from BDT500 to BDT5,000. (Courtesy Bangladesh Customs) 26NOV16
Afghanistan: The import and export of amounts over USD10,000 or its equivalent in foreign cash, precious metals, gems and bearer negotiable instruments must be declared. The export of amounts exceeding USD20,000 is prohibited.
(Courtesy FinTRACA) 26NOV16
Angola: The limits for the requirement of a declaration for the import/export of foreign currency have been reduced from USD 15,000 or its equivalent to:
Residents aged 18 years or older USD10,000
Residents under 18 years USD 3,500
Visitors aged 18 years or older USD 5,000
Visitors under 18 years USD1,500
The amount to be exported cannot exceed the amount declared on arrival.
(Courtesy Banco Nacional de Angola) 26NOV16
Canada: Bank of Canada released the short list of the five finalists who could be features on the banknote to be issued in 2018. The short list includes Viola Desmond, who fought racial discrimination in Nova Scotia, Pauline Johnson, a poet who was the daughter of a Mohawk chief and an English woman, and Elsie MacGill, the first woman in Canada to receive a bachelor's degree in electrical engineering and a master's degree in aeronautical engineering. (Courtesy Financial Post) 26NOV16
South Sudan: Kornelio Korlom, Governor of the Bank of South Sudan, has declared that the rumors about new notes of the incoming issue of notes of 200; 500 and 1000 South Sudanese are false. (Courtesy Eye Radio) 26NOV16
Venezuela: According to newspaper reports the new notes of 500 bolívares fuertes will be issued on December 15; while the denominations of 1,000; 2,000; 5,000; 10,000 and 20,000 will be released in January 2017. (Courtesy Sumarium) 22NOV16
Nicaragua: The Banco Central de Nicaragua will issue two new notes of 1,000 córdobas. On December 1, 2016 it will release a note commemorative of the Centennial
of the death of poet Rubén Darío. It will be of a limited issue. In January 2, 2017 it will put in circulation a regular note of the Serie 2015. Both notes are printer on cotton paper substrate, measuring 161 x 67 mm. (Courtesy Nuevaya and Cleophas Schockem) 22NOV16
Myanmar: It has been reported that there are plans to issue a new family of notes with the portrait of Bogyoke Aung San, the statesman considered to be the "Father of the Nation." However it seems that this is not going to happen soon.
(Courtesy Coconut Yangon) 22NOV16
Norway: Norges Bank has made public the designs of its new notes.
(Courtesy Norges Bank and Cleophas Schockem) 22NOV16
Guinea-Conakry: The older notes of 5,000 francs dated 2006 to 2012 will cease to be legal tender as of 31 December 2016. However, a fair amount is still found in circulation. These will be redeemable afterwards at the Cenral Bank.
(Courtesy Guinee News) 18NOV16
Venezuela: The Banco Central de Venezuela ordered banks to limit daily cash withdrawals to 10,000 bolívares fuertes (= USD5.26) per day.
(Courtesy Panampost) 18NOV16
Hungary: The National Bank of Hungary will issue improved notes of 2,000 and 5,000 forint in March 2017. Current notes of the same denominations will remain in circulation until end of July 2017. These can be redeemed from August 2017 until end of July 2020 in any commercial bank or post office, and afterwards for twenty years at the National Bank. (Courtesy Szabolcs Online and Cleophas Schockem) 18NOV16
India: Some language experts allege that the Urdu spelling in the new 2,000 rupees notes is wrong, but other say that there is no error. The typeface used is correct, but it may be misunderstood. (Courtesy Hindustan Times) 17NOV16
Colombia: Here are the images of the new banknote of 2,000 pesos to be issued November 29. (Courtesy Bluradio and Cleophas Schokem) 17NOV16
Pakistan: The State Bank of Pakistan has embarked in a campaign to improve the quality of the notes in circulation. The main objective is to make sure that the notes currently in circulation are machine readable, especially for their use at ATM’s. As part of this project the notes of 500; 1,000 and 5,000 rupees will be improved by additional security features. The improved notes are planned for release in mid-2017.
(Courtesy State Bank of Pakistan) 16NOV16
Pakistan: Minister for Finance Ishaq Dar has refuted rumors about the demonetization of the 5,000 rupees notes.Probably these rumors started and were fueled by the Indian sudden withdrawal of their large denomination notes. (Courtesy The News) 16NOV16
Venezuela: There are contradicting reports about the new notes that are said to be released in mid-December. Some sources say that the notes are printed by Crane in the USA, others mention European printers, most likely German. Some reports mention the denominations of 1,000; 2,000 and 5,000 bolívares fuertes, others talk about six denominations, which also include the 500 and 20,000 bolívares fuertes, while still others say that the note of 20,000 bolívares will be issued in 2017. 15NOV16
India: Persons exchanging old 500 and 1,000 rupees notes will be marked with indelible ink, to avoid repeated redemptions. (Courtesy Kashmir Monitor) 15NOV16
Egypt: The Central Bank of Egypt denied rumors about new design for its banknotes. (Courtesy Daily News) 15NOV16
Kazakstan: The National Bank of Kazakstan will issue a 10,000 tenge note honoring President Nursultan Nazarbayeb. The note will be issued on December 1st, coinciding with the National Currency Day. Only 100,000 notes will be issued.
(Courtesy Tengri News and Cleophas Schokem) 15NOV16
Iran: According to an article published today by Financial Tribune of Iran, polymer notes are being considered, and will be issued “whenever the conditions are ready.” (Courtesy Financial Tribune) 14NOV16
Malawi: The Reserve Bank of Malawi will issue in December a new note of 2,000 kwacha. The note shows in the front the portrait of Rev. John Chilembwe, and in the back the Malawi University of Science and Technology at Ndata in Thyolo.
(Courtesy Nyasa Times) 11NOV16
Costa Rica: The Banco Central de Costa Rica will soon issue 5,000 colones notes of the Series B. While the design has not been changed, the security thread is now wide and red. Also the new notes are signed by the new President and General Manager. (Courtesy El Mundo) 11NOV16
Argentina: The Banco Central de la República Argentina will issue the new 1,000 pesos notes in January 2017. (Courtesy Te Leemos las Noticias) 11NOV16
Venezuela: According to news published in today’s newspapers, the Banco Central de Venezuela will issue in December new notes of 500; 1,000; 2,000; 5,000; 10,000 and 20,000 bolívares Fuertes. These notes are being printed in Europe, presumably in Germany. For the last couple of years the Central Bank was asking Pres. Maduro to authorize the issue on higher denomination notes. At present the highest circulating note, the 100 bolívares Fuertes, is worth less than 8 U.S. cents. While the designs where not yet made public, it is believed that one of the denominations will have the portrait of Hugo Chávez. (Courtesy El Nacional) 11NOV16
Colombia: The Banco de la República issued its new note of 5,000 pesos on November 9. (Courtesy El Espectador) 11NOV16
India: The exchange of current 500 and 1,000 rupees notes in amounts of 4,000 rupees or less can be done at any bank or post office from November 10 till November 24. Amounts over 4,000 rupees can be exchanged from Nov 25 until the end of the year.
The deposit of old notes into bank and post office accounts can be made until Dec 30 without limit. After that date and until the 31 of March can be made at locations specified by the Reserve Bank of India.
Cash withdrawal from bank or post office accounts is limited to 10,000 rupees per day, with a maximum of 20,000 rupees per week. ATM withdrawals are limited to 2,000 rupees per day until November 18, and 4,000 rupees per day afterwards.
As of November 8 all notes cannot be used for any purchase or payment.
(Courtesy Shibu Paul) 09NOV16
Libya: The notes of 20 and 50 dinars printed in Russia, called the Tobruk dinars, with the uniform size serial numbers, are legal tender throughout Libya, because the two competing Central Banks of the Western and Eastern parts of Libya have so agreed. However these are not accepted in all areas. It is possible that eventually everybody will get the message, and they will be accepted widely.
Notes of Series 6 and 1 dinar notes with Kaddafi’s image are widely used.
(Courtesy Tristan Kolm) 08NOV16
India: The Government of India has demonetized the current notes of 500 and 1000 rupees. These have lost their legal tender status as of today, and will be accepted only for payment of medical services and funerary expenses until November 11. Petrol stations can also take until that date, but must register the identity of customers.
There will be a relatively short period to exchange the old notes at banks, with proper identification.
Holders of these notes may also deposit them in banks and post offices.
New notes of 500 and 2,000 rupees will replace them. The ones of 500 rupees seem to be ready, while the 2,000’s will be issued soon. Bank will be closed tomorrow, and withdrawals will be restricted to small amounts only.
This measure has been taken in order to fight tax evasion, and punish holders of undeclared cash. (Courtesy NDTV and Gabriel A. Leichen) 08NOV16
Macedonia: The National Bank of Macedonia will release banknotes of 200 and 2,000 dinara on December 15. At the same time it will retire from circulation the notes of 5,000 dinara, which remain exchangeable at commercial banks until 28 February 2016. Afterwards they are only redeemable at the National Bank.
(Courtesy Independent) 06NOV16
Haiti: The Polymer note of 10 gourdes is already in ciculation.
(Courtesy Pieter Liem, Canada Currency Centre) 03NOV16
Gibraltar: The stock of polymer 100 pounds notes Commemorative of the Centennial of Sir Joshua Hassan is due to arrive in Gibraltar before the end of the month. It is expected that the notes will be released to circulation in December.
(Courtesy Government of Gibraltar) 03NOV16
Seychelles: the Central Bank of Seychelles has announced that it will issue in December a new family of notes. (Courtesy Central Bank of Seychelles and Gabriel A. Leichen) 03NOV16
Georgia: The new notes of 100 lari have been released today to circulation.
(Courtesy Agenda.ge) 01NOV16
Zimbabwe: The Bond Notes soon to be issued have been declared legal tender by a Presidential Order. The move has been considered to be unconstitutional by analysts. (Courtesy Mail Guardian Africa) 01NOV16
Zimbabwe: According to newspaper reports the issue of "bond" notes in denominations of 2 and 5 dollars is to happen in a few weeks, with the 10 and 20 dollar ones to follow later. 31OCT16
Taiwan: The amount of local currency that can be imported or exported without requiring declaration has been increased to TWD100,000. (Courtesy Taiwan Customs and Paul-Henri Longuet) 30OCT16
Colombia: The Banco de la República announced that it will issue the new 5000 pesos note on November 9.
(Courtesy El Colombiano, Cleophas Schockem and Alejandro Brill) 27OCT16
Argentina: The Banco Central de la República Argentina has released to circulation today the new note of 200 pesos. The note is slightly different than the "concept" note made public a few months ago. Courtesy Banco Central de la Argentina, Cleophas Schockem, and Eduardo Colantonio) 26OCT16
Venezuela: According to newspaper reports, the Banco Central de Venezuela has ordered the minting of 1,000 bolívares coins and the printing of notes of 5,000; 10,000 and 20,000 bolívares, due to arrive before the end of the year. (Courtesy ACN) 26OCT16
India: It has been reported that the Reserve Bank of India will soon issue notes of 2000 rupees, which are already printed. (Courtesy IB Times) 22OCT16
Thailand: The Governor of Bank of Thailand declared that the banknotes with the portrait of the late King Bhumibol Aduldayej remain valid.
(Courtesy Star TV) 21OCT16
Canada: The Bank of Canada is considering not putting the image of Prince Charles on its $20 notes when Elizabeth II ceases to be Queen. (Courtesy The Age) 15OCT16
Liberia: Money changers discount the value of the new banknotes by asking a higher USD rate when paid with these. (Courtesy All Africa) 14OCT16
India: The Reserve Bank of India has announced that soon will release to circulation notes of 20 and 50 rupees slightly different from the current ones. The new notes will be printed by offset, and present minute differences in the design.
(Courtesy The Reserve Bank of India) 10OCT16
Seychelles: A 10 rupees note commemorative note of the 40th Independence Anniversary will be released soon. It will be of limited issue.
(Courtesy Claudio Marana) 10OCT16
Argentina: The new note of 200 pesos will be presented in Puerto Madryn on October 26. (Courtesy Cleo Schokem and El Patagonico) 08OCT16
Russia: The poll to choose the motifs for the new 200 and 2,000 rubles notes ended, with Sevastopol and Kazan selected. (Courtesy Latest World News) 07OCT16
Liberia: The Central Bank of Liberia has started issuing the new family of notes yesterday. (Courtesy Front Page Africa) 07OCT16
Zimbabwe: According to rumors published in Zimbabwe, the "bond" notes will not be released until early November. (Courtesy All Africa) 06OCT16
Argentina. Notes of USD 20 and EUR 20 and smaller are being discounted up to 5% in the informal market. Travelers should bring clean notes of the latest series of EUR 50 and 100 or USD 50 and 100 to obtain the best rate. 05OCT16
Nepal: Nepal Rastra Bank has issued yesterday notes with new backs.
(Courtesy Glocal Khabar) 04OCT16
Scotland: Bank of Scotland has issued today a new polymer 5 pounds note.
(Courtesy AOL and Cleophas Schockem) 04OCT16
Guinea Conakry: A new 100 francs note dated 2015 has been recently issued. (Courtesy Fernando Iglesias).30SEP16
Sweden: On October 3 the Sveriges Riksbank will release the new 100 and 500 krona notes. Members of the public are invited to visit the bank between 2 and 7 p.m. when they will be able to obtain these notes as well as the new coins, and visit a special exhibit. (Courtesy Sveriges Riksbank and Dr. Wolfgang Schuster) 30SEP16
Russia: Bank Rossiya is studying the possibility of issuing polymer notes.
(Courtesy Z-News) 30SEP16
Nepal: Nepal Rastra Bank plans to replace the animals on the back of its notes. The denominations of 50 and 100 rupees have already been modified, while the 5, 20 and 1000 rupees will follow. (Courtesy Setopati) 30SEP16
Liberia: President Ellen Johnson Sirleaf was presented with the new 100 dollars banknote to be issued soon. The NEW NOTES OF 5; 10; 20; 50 and 100 dollars are expected to be released in October. There is no indication of when the 500 dollar notes will be issued. (Courtesy GNN Liberia) 30SEP16
Australia: The Governor of the Reserve Bank of Australia, Phil Lowe, has announced today that the $50 will be the third denomination of the next generation of banknotes to be issued. As previously advised, the second denomination – the $10 – is expected to be issued in late 2017. Specific issuance dates for the $10 and $50 banknotes have not yet been announced. However, as previously advised, the Reserve Bank will aim to issue roughly one denomination per year. 30SEP16
The Bahamas: The Central Bank of the Bahamas is updating the design of their currency notes. The new series is called CRISP Evolution, and the first denomination issued yesterday was the 10 dollar note, other denominations will follow as needed.
(Courtesy The Central Bank of the Bahamas & Claudio Marana) 29SEP16
Malaysia: Notes of 50 ringgit with the signature of the new Governor of Bank Negara Malasia Datuk Muhammd Ibrahim will go into circulation tomorrow. The notes are identical to the current ones, except for the signature.
(Courtesy The Malay Mail Online) 28SEP16
Georgia: The new 100 lari notes will be released in November.
(Courtesy Caucasus Business Week) 23SEP16
Argentina: The new 200 pesos banknotes will be issued in late October or early November. 21SEP16
Zimbabwe: Since last week the possession of amounts over USD300 in currency by residents is illegal, subject to penalties and confiscation. This measure has been taken to force the public to deposit the extra cash at their bank accounts. (Private source.) 20SEP16
Zimbabwe: The country's central bank announced that it will start circulation of the "Bond notes" by the end of October. (Courtesy CNN Money) 20SEP16
Tunisia: There have been calls to replace the current banknotes in order to flush out untaxed money and curtail black market operations. However the Banque Centrale de Tunisie has rejected the plan, citing its impracticability. It takes several years between conception of a new issue and its release to circulation, and current regulations cannot force people to open bank accounts, which are necessary to control the flow of cash.
(Courtesy African Manager) 20SEP16
United Kingdom: This is the schedule of release of new polymer notes:
---Bank of England
---10 pounds Jane Austen Summer 2017
---20 pounds JMW Turner 2020
---5 pounds Sir William Arrol/Forth bridge 27 September 2016
---Royal Bank of Scotland
---5 pounds Nan Shepherd 27 October 2016
---10 pounds Mary Somerville 2017
---Bank of Scotland
---5Pounds Sir Walter Scott/The Mound 4 October 2016
(Courtesy Gabriel Leichen) 16SEP16
Bolivia: Marcelo Zabalaga, president of the Banco Central de Bolivia, announced that new banknotes honoring Native leaders will be issued in 2018. The denomination of 500 bolivianos will not be issued. (Courtesy Correo del Sur) 14SEP16
Indonesia: President Joko "Jokowi" Widodo announced today that the new banknotes and coins to be issued later this year will have portraits of National Heroes.
The notes will be issued in the name of "Negara Kesatuan Republik Indonesia,"
"The Unitary State of the Republic of Indonesia" instead "Bank Indonesia,"
and will have the following portraits:
100,000 rupiah ...Founding fathers Soekarno and Mohammad Hatta
50,000 rupiah .....Former Prime Minister Juanda Kartawidjaja
20,000 rupiah .....First governor of Sulawesi Gerungan Saul Samuel Jacob Ratulangi
10,000 rupiah .....National hero Frans Kaisiepo
5,000 rupiah ...... K.H. Idham
2,000 rupiah .......M.H. Thamrin
1,000 rupiah .......Tjut Meutiah
(Courtesy The Jakarta Post) 14SEP16
England: The Bank of England issued yesterday the new polymer 5 pounds note
honoring Winston Churchill. 14SEP16
Iceland: Islands Bank has ceased to redeem the 50 and 100 krónur notes. While these were already demonetized, as a courtesy the Bank kept accepting them, but now has stopped doing so. 13SEP16
Ukraine: The non-circulating commemorative note honoring Ivan Franko is available now from several dealers. (Courtesy Ebay) 06SEP16
Afghanistan: Local authorities in several provinces are banning the use of Pakistani rupees, or plan to do it soon, with the intention of propping up the value of the afghani, Same thing may be happening with the Iranian rial in provinces bordering Iran.
(Courtesy Heart of Asia) 06SEP16
Russia: Bank Rossiya has announced the 10 designs pre-selected by the public for the new notes of 200 and 2,000 rubles to be issued next year. In a next stage two out of the ten will be selected as definitive motifs for these notes. 06SEP16
Mauritius: Some businesses are refusing to accept the 2,000 rupees banknotes, because there are many forgeries. These banknotes have not been improved with advanced security devices since originally issued in 1999.
(Courtesy AllAfrica) 06SEP16
Australia: The Reserve Bank of Australia has issued today the New Generation 5 dollars note. For the first time it includes tactile marks to help the blind identify it. (Courtesy Reserve Bank of Australia) 01SEP16
Argentina: Damaged current 100 pesos notes are now redeemed on the spot by the Central Bank. The rule that required them to be taken on collection for further inspection seems not to apply any longer. 31AUG16
Somalia: The governor of the Central Bank of Somalia announced that it will need 20 million dollars to pay for the printing of notes 1,000; 2,000; 5,000; 10,000 and 20,000 shillings. (Courtesy Al-Shahid) 29AUG16
Belarus: A set of never issued 1993 Belarussian specimen banknotes has appeared in an auction by Stack’s and Bowers. It seems that these were ordered to replace the coupons used at the time, but were never issued because the state symbols haved changed. Apparently the entire printing was delivered to the bank, and eventually destroyed.
(Courtesy Belarus Feed) 29AUG16
Ukraine: The National Bank of Ukraine will issue on September 1st a commemorative banknote honoring the 160th Anniversary of the birth of poet Ivan Franko. One million notes will be issued, of which 20,000 will be sold in a special folder, at the price of UAH30, while the rest will be sold at UAH27 each.
(Courtesy Korrespondent) 26AUG16
Vanuatu: The tender process for the printing of the 500 and 5,000 vatu notes is about to be completed. The notes will probably be released in mid 2017.
(Courtesy Heva Alilee, Reserve Bank of Vanuatu) 25AUG16
Bahrain: The Central Bank of Bahrain announced that improved notes will be issued in September. The new notes will be similar to the current ones. Those of 10 and 20 dinars will have an improved segmented security strip, and all denominations will have the blind recognition marks position changed. Current notes will co-circulate.
(Courtesy DT News) 24AUG16
Eastern Caribbean: The Eastern Caribbean Central Bank has improved the security of its notes of 10; 20; 50 and 100 dollars by the addition of a wide segmented security strip. (Courtesy Claudio Marana and Owen Linzmayer) 22AUG16
Tunisia: These are new limits for the import/export of currency by travelers:
Local currency in: TND 100 Out: forbidden.
Foreign currency in or out: Declaration required for amounts exceeding the equivalent of TND 5,000. (Courtesy David Girbau, Rafer Change, Barcelona) 18AUG16
Algeria: These are the new limits for the import/export of currency by travelers:
Local currency in or out: DZD 5,000.
Foreign currency in or out: Declaration required for amounts exceeding the equivalent of EUR 1,000. (Courtesy David Girbau, Rafer Change, Barcelona) 18AUG16
Ecuador: The export of amounts exceeding USD 1,098 or equivalent in other currencies by foreign visitors remaining less than 90 days is tax-free, provided these were declared on arrival. Otherwise there is a “Impuesto de Salida de Divisas” (Currency export tax) of 5%. The limit for minors younger than 18 years is USD366. Failure to pay the tax in punished with a 50% penalty on the amount exceeding the USD 1,098 or USD 366, as applicable. (Courtesy David Girbau, Rafer Change, Barcelona) 18AUG16
Venezuela: Maduro nixed the issue of 2,000 bolivares notes. When technicians from the Banco Central de Venezuela proposed the issue of notes of 200; 500; 1,000 and 2,000 bolivares, it has been reported that he refused to authorize the largest one, probably because it would mean recognizing the disastrous state of the Venezuelan economy. A note of 2000 bolivares would be worth between two or three dollars.
(Courtesy Descifrado) 18AUG16
Venezuela: Some banks are refusing to accept deposits of small denomination notes. It has to be noted that USD1,000 converted at the unofficial rate of exchange into 2 bolivares notes will weigh half ton. (Courtesy Que Pasa) 18AUG16
Egypt: A new 50 pounds banknote dated 2016 has been recently released. It is similar to the current ones, except that it has an "OVI" seal at top right of front.
(Courtesy Thomas Augustsson and Owen W. Linzmayer banknotenews.com) 17AUG16
The Philippines: The limit for the import and export of Philippine currency has been raised from 10,000 to 50,000 pisos. Courtesy Pieter Liem, Canada Currency Center. 17AUG16
Nigeria: The value of the currency has fallen, with 1,000 naira, the largest note in circulation, being worth less than USD3 at the free market rate. There are calls for either to issue larger notes, or to redenominate at the ratio of 1,000 old naira for a new one. (Courtesy Vanguard) 17AUG16
Albania: The redemption of mutilated banknotes is done by commercial banks which charge a 20% fee. 15AUG16
Colombia: This is a better picture of the new 50000 peso bill to be issued on August 19.
(Courtesy Alejandro Brill) 10AUG16
Colombia: The Banco de la República announced that the new banknote of 50,000 pesos will be issued on August 19.
(Courtesy Pulzo and Cleophas Schockem) 06AUG16
Thailand: The Bank of Thailand has announced that it will release on August 11 a note of 500 baht commemorative of the 7th cycle birthday anniversary or Queen Sirikit. There have been printed 20 million of these notes, which will be available for regular circulation. (Courtesy Thai PBS and Claudio Marana) 01AUG16
Saudi Arabia: The Saudi Arabian Monetary Authority has issued a statement on July 14 clarifying that all images and information on the release date of the new issue are completely incorrect and baseless, and confirms that there is no plan to issue a SR1,000 banknote. (The actual text is unavailable in English in the SAMA’s webpage.) 01AUG16
The Bahamas: Following rumors of devaluation, the Central Bank of the Bahamas has issued on July 20 a press release denying that there are any reasons for immediate or short time change of the fixed rate of exchange.
(Courtesy The Central Bank of the Bahamas)01AUG16
Liberia: Here is the complete report of the new family of Liberian notes which are to be issued soon.
(Courtesy Fernando Iglesias, Central Bank of Liberia, and Polaris) 01AUG16