Redenomination

• 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...

• 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...

• 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...

• Jul-13-2022

  Iran – New redenominated banknotes of 1 and 2 new toman issued.

  The banknotes of 1 new toman (IRT1.1) and 2 new toman (IRT2.1) announced in 2021 are being issued to circulation...

• Jul-3-2022

  Sierra Leone – Redenominated banknotes confirmed in circulation.

  The re-denominated banknotes are in circulation since 1 July 2022. Older notes will co-circulate until 30 September 2022. The rate...

• Jul-1-2022

  Sierra Leone – ISO 4217 code for the redenominated monetary unit is SLE. Limits for exchanges.

  The code for the new redenominated Leone is SLE. One new Leon (SLE) is equal to 1,000 old leones (SLL)...

• Jun-30-2022

  Sierra Leone – Redenominated family of banknotes to be issued tomorrow.

  According to a Public Notice issued on 16 June 2022 the new redenominated banknotes will start circulating tomorrow 1 July...

• May-30-2022

  Argentina – Redenomination proposed.

  A project of a law to redenominate the monetary unit has been presented in the Argentine Cámara de Diputados (the...

• Mar-16-2022

  Sierra Leone – New ISO 4217 code for the redenominated Leone.

     You saw it here first… Effective 1 April 2022 the ISO 4217 code for the Sierra Leone redenominated monetary...

• Mar-11-2022

  Sierra Leone – Redenominated family of banknotes to be issued tomorrow.

  According to a Public Notice issued on 16 June 2022 the new redenominated banknotes will start circulating tomorrow 1 July...

• Sep-28-2021

  Venezuela – New banknotes of 5 and 10 bolívares digitales in October.

     You saw it first here… Delcy Rodríguez, Vice President of Venezuela, announced yesterday that the new notes of 5...

• Sep-22-2021

  Colombia – New life for redenomination.

      The National Federation of Merchants and Entrepreneurs has again promoted the idea of redenomination of the Colombian currency...

• Aug-19-2021

  Venezuela – New banknotes denominated in bolivares “digitales” in October.

     You saw it first here… According to reports published in the local media the banknotes expressed in “bolivares digitales”...

• Aug-14-2021

  Sierra Leone – Redenomination.

     You saw it here first. Bank of Sierra Leone announced this week in a press release that it will...

• Aug-5-2021

  Venezuela – New re-denomination and digital currency.

     You saw it here first… In a release published today Banco Central de Venezuela announced the creation of the “digital...

• Jul-13-2021

  Peru – Updated banknote of 50 soles. Commemorative notes in production.

  You saw it here first… Banco Central de Reserva del Perú has issued very recently the new banknote 0f 50...

• Jul-2-2021

  Venezuela – New reconversion being discussed.

  According to severals sources a new reconversion is being discussed in Venezuela. It would be the third one since 2008....

• Mar-14-2021

  South Sudan – Currency replacement.

     You saw it first here… According to an article published yesterday by Kenya Wall Street the Bank of South...

• Feb-9-2021

  Iran – Transitional banknotes to be issued.

  Amir Sokri. head of the Security Printing and Minting Organization, announced the future issue of new banknotes with dual denomination...

• May-4-2020

  Iran – Redenomination.

  The Iranian parliament voted today to approve the creation o a new monetary unit, the toman, equal to 10,000 current...

• Feb-20-2020

  Iran – Re-denomination process advancing.

  Re-denomination of the Iranian currency by removing four zeros will be discussed in a future Parliament session. If approved, it...

• Feb-11-2020

  Uzbekistan – No re-denomination or larger banknotes.

  Behzod Khamroyev, Deputy Chairman of the Central Bank of the Republic of Uzbekistan, declared on 1 February that there are...

• Jul-31-2019

  Iran – Currency redenomination.

  The Iranian Cabinet approved today the redenomination of the Iranian currency, creating a new unit, the toman equal to 10,000...

• Jan-13-2019

  Uzbekistan – New banknote of 100,000 sum; redenomination and withdrawal.

  According to several publications Shavkat Mirziyayev, president of Uzbekistan, ordered the issue of new banknotes of 100,000 sum (UZS100,000.1)  to...

• Jan-7-2019

  Iran – Re-denomination.

    Abdolnaser Hemmati, governor of the Central Bank of Iran, announced last week that a bill to cut four zeros...