Sep-5-2023
Northern Ireland – Paper notes of 50 and 100 pounds cease to circulate at month’s end.
Paper banknotes of 50 and 100 pounds issued by Bank of Ireland and Ulster Bank will cease to be legal...
Withdrawal
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May-25-2023
Qatar – Latest information on older banknotes redemption confirmation.
There is no conversion of banknotes of the previous series for new banknotes at the Qatar Central Bank. Commercial banks...
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May-24-2023
Qatar – Latest information on older banknotes redemption.
It is reported that the National Bank of Qatar will accept for deposit into accounts up to QAR20,000 in notes...
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May-23-2023
Qatar – Problems with the redemption of older banknotes.
According to an unconfirmed report the Central Bank of Qatar has decided to stop the redemption in person of their...
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Mar-22-2023
Costa Rica – Redemption of paper banknotes.
Costa Rican banknotes printed on paper, which were withdrawn from circulation last year, may be redeemed by depositing them...
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Mar-13-2023
NIGERIA – Central Bank issues Press Release confirming legal tender status of older notes.
The Central Bank of Nigeria has issued today a Press Release in which it informs that “In compliance with the established...
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Mar-8-2023
NIGERIA – Current status of naira banknotes.
This is the current situation in respect to the old naira banknotes of 500 (NGN500.1) and 1,000 naira (1,000.1.) ...
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Mar-7-2023
NIGERIA – Silence from the Central Bank.
Following last week’s ruling of the Supreme Court ordering all older banknotes to remain in circulation until the end of...
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Mar-3-2023
NIGERIA – Supreme Court orders older banknotes to remain valid until the end of the year.
The Supreme Court ordered today that the banknotes of the previous family will retain legal tender status until the end...
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Feb-28-2023
Central African States – Banknotes of the 1992 Series cease to be legal tender today.
The banknotes of the 1992 Series of 500 francs (XAF500.1) – 1,000 francs (XAF1,000.1) – 2,000 francs (XAF2,000.1) – 5,000...
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Feb-20-2023
Nigeria – Chaos in currency situation.
With Presidential elections slated for this weekend these are some of the things that happened in the last few days...
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Feb-18-2023
Nigeria – Council of State advises Central Bank to print more new notes or recirculate the old ones.
The National Council of States, an organ of the Nigerian Government which has no executive power, but advises on policy...
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Feb-18-2023
Nigeria – Central Bank opens portal for the redemption of old 500 and 1,000 naira banknotes.
The Central Bank of Nigeria has reopened the redemption of previous banknotes of 500 (NGN500.1) and 1,000 naira (NGN1,000.1) through this...
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Feb-16-2023
Nigeria – Old notes of 200 naira continue to be legal tender for 60 days.
In a message to the nation President Buhari decreed that old banknotes of 200 naira (NGN200.1) (=USD 0.26 in the...
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Feb-15-2023
Nigeria – Supreme Court adjourns until 22 February
The Supreme Court decided today to adjourn until next Wednesdays 22 February to decide on the demonetization of the previous...
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Feb-10-2023
Nigeria – Government will comply with Supreme Court injunction.
Abubakar Malami, Attorney General of the Federation, declared today that the Government will comply with the Supreme Court interim suspension...
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Feb-8-2023
Nigeria – Supreme Court suspends demonetization of old banknotes. Political battle ensues.
Yesterday Nigeria’s Supreme Court granted at the request of three State Governors an interim injunction to the demonetization of naira...
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Feb-7-2023
Nigeria – Legal battle over older naira banknotes redemption.
The poor way in which the exchange of old for new naira banknotes has been planned and executed by the...
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Feb-7-2023
Nigeria – Political and legal ramifications of the naira redesign.
The naira redesign operation snafu is getting more complicated. Other than the chaos and suffering caused by the way in...
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Feb-5-2023
Nigeria – State Governors meet President Buhari over cash crisis.
State governors from the All Progressives Congress, the ruling party, have meet yesterday 4 February 2023 with President Muhammadu Buhari...
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Feb-4-2023
Nigeria – Central Bank asks for ‘understanding’.
As reported today in The Nation Godwin Emefiele, Governor of the Central Bank of Nigeria, has asked Nigerians to show...
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Jan-29-2023
Nigeria – Central Bank extends redemption of withdrawn banknotes.
The Central Bank of Nigeria has announced today 29 January 2023 that the redemption of older banknotes, subject to limits...
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Jan-22-2023
Nigeria – Central Bank authorizes (very) limited cash exchange in rural areas.
With only 8 working days left before they become worthless the Central Bank of Nigeria has authorized the direct exchange...
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Dec-22-2022
BULGARIA – Commemorative 2005 banknotes will be retired from circulation.
The National Bank of Bulgaria announced today that the commemorative banknotes of 20 leva dated 2005 (BGN20.2) will be withdrawn...
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Dec-21-2022
Guatemala – One quetzal banknotes withdrawn form circulation.
Alvaro Gonzales Ricci, President of Banco de Guatemala, announced yesterday that the banknotes of 1 quetzal will be retired from...
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Oct-26-2022
Nigeria – New banknotes soon.
Godwin Emefiele, Governor of the Central Bank of Nigeria announced today the imminent issue of new banknotes of 200 naira...
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Oct-12-2022
Ukraine – One way traffic for banknotes issued 2003 through 2016.
The banknotes of the family issued between 2003 and 2016 are being retired as they are deposited or paid to...
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Sep-29-2022
Costa Rica – Paper banknotes of 10,000 colones cease to be legal tender.
The Central Bank of Costa Rica has withdrawn from circulation on short notice the paper banknotes of 10,000 colones...
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Sep-18-2022
Guinea (Conakry) – Withdrawal of banknotes of 10,000 francs of 2012.
The banknote of 10,000 francs dated 2012 (GNF10,000.3) has ceased to be legal tender as of 2 May 2022 and...
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Sep-17-2022
Sierra Leone – Legal tender status of old notes extended.
The Bank of Sierra Leone announced on 15 September 2022 that the legal tender status of old banknotes denominated in...
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Sep-8-2022
England / Scotland / Northern Ireland – Three weeks left to use paper £20 and £50 banknotes.
The last date to use paper notes of 20 pounds of the Adam Smith type (GBP-BoE20.5) and 50 pounds of...
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Aug-19-2022
South Sudan – Government to phase out small denomination banknotes.
The Government of South Sudan has decided on 3 August 2022 to withdraw from circulations its banknotes of 1; 5;...
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Jul-31-2022
Burundi – Improved banknote of 1,000 francs. Withdrawal of older notes. UPDATED.
The Banque de la République du Burundi has issued on 26 July 2022 an improved banknote of 1,000 francs (BIF1,000.5)....
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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)...
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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...
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Jun-23-2022
England / Scotland / Northern Ireland – 100 days to use or deposit paper £20 and £50 banknotes.
The last date to use paper notes of 20 pounds of the Adam Smith type (GBP-BoE20.5) and 50 pounds of...
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Jun-4-2022
Cuba – Redemption extended for pesos convertibles.
Banknotes denominated in pesos convertibles (CUC) will be redeemable for additional 90 days starting 17 June until 14 September 2022...
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Mar-1-2022
Czech – Withdrawal of many banknotes issued between 1995 and 1999.
Česka narodni banka has decided to withdraw from circulation as of 1 July 2022 all it banknotes of 100 through...
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Jan-25-2022
Northern Ireland – First Trust Bank to cease issuing banknotes.
First Trust Bank will cease issuing banknotes. Current notes can be used until 30 June 2022. After that date these...
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Jan-9-2022
Angola – Banknotes of the 2012 family withdrawn from circulation.
You saw it here first… Effective 1 January 2022 all banknotes of the 2012 family are being withdrawn from...
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Jan-5-2022
Costa Rica – Legal tender status of cotton paper notes of 20,000 and 50,000 colones extended.
The Banco Central de Costa Rica extended the legal tender status of the cotton paper banknotes of 20,000 (CRC20,000.1) and...
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Dec-30-2021
Cuba – Redemption of pesos convertibles ends tomorrow.
Tomorrow is the last day for Cubans to redeem banknotes denominated in “Pesos Convertibles”. First issued in 1994 by Banco...
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Dec-15-2021
Georgia – Banknotes withdrawn from circulation.
You saw it here first… Banknotes issued between 1995 and 1999 will lose their legal tender status, and will...
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Nov-29-2021
Qatar – Redemption of previous banknote family of banknotes.
The exchange of banknotes of the Fourth Issue at commercial banks will cease at the end of the year....
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Nov-25-2021
India – Old style smaller notes are being retired.
The Reserve Bank of India has started a “one way” mode for old style banknotes of 100; 10 and...
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Oct-29-2021
Trinidad and Tobago – Status of paper 50 dollar notes.
As there were doubts about the validity of cotton paper banknotes of 50 dollars (TTD50.2 and TTD50.3) the Bankers Association...
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Oct-8-2021
Costa Rica: Improved polymer banknotes to be issued; cotton paper ones withdrawn from circulation.
You saw it first here… Banco Central de Costa Rica will issue on 15...
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Oct-5-2021
Trinidad and Tobago – Paper notes to be withdrawn from circulation.
The cotton paper notes of 1 through 20 dollars will cease to be legal tender as of 31 December 2021....
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Sep-29-2021
England – One year left to spend paper 20 and 50 pounds banknotes.
You saw it first here… Bank of England announced today that paper notes of 20 pounds (BBP-BoE20.5) and 50...
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Sep-29-2021
Venezuela – Withdrawal of older small notes.
As of 1 October 2021 all banknotes of 5,000 bolívares soberanos dated 2017 to 2019, as well as all other...
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Sep-14-2021
Croatia – Preparatives for access to the European Monetary Union.
According to several publications Croatia is on track to adopt the euro in 2023, if it complies with the conditions...