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...
Recent Updates
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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-5-2023
Jordan – New banknote of 50 dinars issued today.
The Central Bank of Jordan has issued today its new banknote of 50 dinars (JOD50.3). The front shows the portrait...
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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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Feb-3-2023
Gambia – New family of banknotes is in the works.
The Central Bank of The Gambia has reached in August 2022 an agreement with De La Rue for the printing...
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Feb-2-2023
Argentina – New banknote of 2,000 pesos. (Corrected).
The Banco Central de la República Argentina approved today the issue of a new banknote of 2,000 pesos (ARS2,000.1). The...
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Feb-2-2023
Australia – New design for the 5 dollars banknote.
The Reserve Bank of Australia has announced yesterday that it has decided to update the $5 banknote to feature a new...
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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Nigeria – Central Bank extends redemption of withdrawn banknotes.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-26-2023
Afghanistan: New banknotes distributed to Commercial Banks.
The Central Bank said in a statement that the first tranche of 100 million new banknotes in denominations of 10;...
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Jan-26-2023
Somalia – New banknotes in mid-2024.
Ali Yasin Wardhere, Deputy Governor of the Central Bank of Somalia, told Xinhua in a recent interview that there are...
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Jan-24-2023
Russia – Production of 5 rubles notes has been resumed. (Corrected).
For the first time since 2001 banknotes of 5 rubles are being produced again. These notes (RUB5.2b) dated 1997 are...
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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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Jan-22-2023
Argentina and Brazil studying creation of a common currency.
Argentina and Brazil are studying a project toward establishing a common currency. Eventually other South American nations may be invited...
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Jan-21-2023
Sierra Leone – Old currency still being used.
Old pre-redenomination banknotes are still prevalent in the market. They were originally to be demonetized by end-September 2022. The date...
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Jan-21-2023
Poland: Image of new Copernicus commemorative banknote unveiled.
The National Bank of Poland will issue on 9 February 2023 a polymer banknote of 20 zlotych (PLN20.13) honoring Nicolaus...
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Jan-20-2023
Guernsey – Improved banknotes introduced.
The States of Guernsey has introduced improved banknotes of 5 pounds (GGP5.9), 10 pounds (GGP10.5) and 20 pounds (GGP20.7)...
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Jan-17-2023
MRI BANKERS’ GUIDE TO FOREIGN CURRENCY™
The new 99th Edition II.2023 of the MRI BANKERS’ GUIDE TO FOREIGN CURRENCY™ will be ready for shipment on 30...
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Jan-17-2023
Somalia – Central Bank plans to issue a new banknote.
Bloomberg reports that the Central Bank of Somalia plans to issue in 2024 redesigned banknotes of 1,000 shillin (SOS1,000.2). Presently...
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Jan-16-2023
Czech Republic – Commemorative banknote to be issued in February – CORRECTED.
The Czech National Bank will issue on 8 February its new banknote of 1,000 korun (CZK1,000.2) commemorative of the 30th...
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Jan-15-2023
Argentina – Argentina’s Government plans to issue larger banknotes.
It has been confirmed that the issue of new banknotes of 5,000 pesos (ARS5,000.1) or 10,000 pesos (ARS10,000.1) is being...
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Jan-13-2023
Argentina – A banknote of 5,000 pesos is being discussed.
The issue of a 5,000 pesos banknote (=USD15 at the free market rate) is being discussed by officers of the...
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Jan-13-2023
Malawi – Two women charged with “damaging and unlawful use of currency.”
Malawi police have arrested two women after they used 70 banknotes of 500 kwacha as decorations for a cake they...
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Jan-10-2023
Iraq – Will current notes of 25,000 dinars be replaced by new ones of 20,000 dinars?
Mustafa Ghaleb Makhaif, Governor of the Central Bank of Iraq, confirmed on Sunday that there are 4 benefits for issuing...
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Jan-10-2023
Nigeria – Bank cash withdrawals limited to NGN20,000 per week for individuals.
As of yesterday the Central Bank of Nigeria has limited cash withdrawals from bank accounts by individuals to NGN20,000 (=...
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Jan-7-2023
Jordan – Central Bank reveals designs of the banknotes of the new family.
The Central Bank of Jordan has revealed the images of the banknotes of Fifth Family, of which the first...
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Jan-7-2023
Lebanon – Improved 100,000 lives banknotes released.
The previously announced banknote of 100,000 livres (LBP100,000.5B) with a blue security segmented strip is already in circulation, as...
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Jan-6-2023
Philippines – Banknote with new Central Bank’s logo issued.
The banknote of 1,000 piso (PHP1,000.4) with new Central Bank’s logo is already in circulation. Courtesy: Alex Zlotin. Click...
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Jan-5-2023
Isle of Man – Banknotes with King Charles III to be issued in future.
The Isle of Man plans to issue coins with the portrait of King Charles III in the coming months. Banknotes...
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Jan-5-2023
Somalia – Central Bank calls for printing of new banknotes.
Yesterday, 4 January 2023, in a meeting in Mogadishu chaired by Prime Minister Hamza Abdi Barr the Central Bank of...
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Jan-4-2023
Nigeria – Senate urges Central Bank to extend old banknotes withdrawal.
The Nigerian Senate has urged the Central Bank to extend the withdrawal period of previous banknotes of 200; 500 and...
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Jan-2-2023
Croatia – Kuna banknotes and coins redemption information.
These are the details of the exchange of kuna to euro: In Croatia: Kuna coins and banknotes are legal tender...
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Jan-2-2023
India – Supreme Court ruled that 2016 demonetization of large banknotes is legal.
By a 4-1 decision the Indian Supreme Court declared today 2 January that the demonetize of older notes of 500...
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Jan-1-2023
Armenia – New banknote of 1,000 drams.
The Central Bank of Armenia announced that it will issue on 23 January 2023 a new banknote of 1,000 drams...
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Jan-1-2023
Croatia – Euro replaces kuna.
Croatia starts using euros as of today 1 January 2023. Kuna banknotes and coins remain legal tender up to 14...
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Dec-29-2022
Ukraine – New commemorative banknote. CORRECTED.
The National Bank of Ukraine has issued today a 500 hryven banknote (UAH500.3) commemorative of the 300th Anniversary of the birth...
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Dec-28-2022
Philippines – Details of improved banknotes.
Bangko Sentral ng Pilipinas presented on 7 December 2022 the new family of banknotes with the new logo...
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Dec-27-2022
Bangladesh – New commemorative banknote.
Bangladesh Bank will issue tomorrow 28 December 2022 a new banknote of 50 taka (BDT50.7) commemorative of the opening of...
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Dec-26-2022
Ukraine – New commemorative banknote.
The National Bank of Ukraine has recently issued a 500 hryven banknote (UAH500.3) commemorative of the 300th Anniversary of the birth...
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Dec-26-2022
Jordan – New banknote of 1 dinar issued today.
The Central Bank of Jordan has issued today a new banknote of 1 dinar (JOD1.5), the first of the...
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Dec-24-2022
Guyana – Improved banknote of 5,000 dollars.
Bank of Guyana has issued on Tuesday 20 December 2022 an improved banknote of 5,000 dollars (GYD5,000.2). While their design...
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Dec-24-2022
Argentina – Messi and Argentine football team proposed for new banknote.
According to several local publications Banco Central de la República Argentina is considering the idea of printing a banknote commemorative...
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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-22-2022
Nigeria – Cash withdrawal limits increased.
The Central Bank of Nigeria has increased the limits for weekly cash withdrawals for individuals to NGN500,000 (=USD700 or USD1,120...
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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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Dec-21-2022
Afghanistan – New banknotes arrived in November are still not in circulation.
Da Afghanistan Bank said yesterday that the banknotes arrived from Poland in November have not yet being released to circulation....
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Dec-21-2022
Syria – Currency’s drop in value makes cash transactions bulky.
With the drop of value of the Syrian pound in the parallel market to over 6,000 per U.S.dollar the value...
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Dec-19-2022
England – New monarch banknotes unveiled.
Bank of England presented today the new polymer banknotes with the portrait of King Charles III. The new banknotes will be...
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Dec-19-2022
Trinidad and Tobago – Counterfeit polymer banknotes of 100 dollars.
Trinidadian counterfeit polymer notes of 100 dollars (TTD100.5) are being found in alarming quantities. The forgeries are of excellent quality,...
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Dec-19-2022
Nigeria – New banknotes issued today. Previous ones will be demonetized soon.
The supply of new banknotes received by commercial banks has proven to be insufficient to meet demand, forcing them...
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Dec-19-2022
Jamaica – Additional details on new family of banknotes.
Natalie Haynes, Deputy Governor of Bank of Jamaica, clarified details of the process of release to...
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