Oct-5-2025
Iran – Shura Council passed today the law to slash four zeros and create the new rial.
Iran Shura Council passed today the law to slash four zeros and create the new rial equal to 10.000 old...
Redenomination
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Aug-22-2025
Syria – Plans rumored about re-denominated new banknotes.
According to several sources the Central Bank of Syria plans to re-denominate its currency by removing two zeros. This change...
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Aug-9-2025
IRAN – Currency redenomination.
On 3 August the Parliament Economy Committee approved the proposal to create a new monetary unit worth 10,000 of the...
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Dec-14-2023
CHINA – Year of the dragon commemorative banknote.
The Peoples’ Bank of China has issued a 20 yuan banknote (CNY20.6) commemorative of the Year of the Dragon. It...
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Nov-2-2023
Nigeria – No plans to redenominate the naira.
The Central Bank of Nigeria has issued on 31 October 2023 a Press Release to deny rumors that were circulating...
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Jun-27-2023
Uzbekistan – Redenomination rumors.
The Central Bank of the Republic of Uzbekistan has officially denied information circulating in social media about a possible redenomination...