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...
Recent Updates
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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-17-2023
Argentina – Additional details about the planned 2,000 pesos banknote.
An article published today by bloombergonlinea.com reveals several details about the new banknote of 2,000 pesos (ARS2,000.1). In it we...
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Feb-17-2023
CAYMAN ISLANDS – New family of banknotes.
The Cayman Islands Monetary Authority is preparing a new family of banknotes in which the portrait of King Charles III...
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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
Paraguay – Oberthur Fiduciaire will design new family of banknotes.
The French company Oberthur Fiduciaire won the bid to design the new family of Paraguayan banknotes. A total of seven...
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Feb-15-2023
Mongolia: Bank of Mongolia releases application to check its banknotes.
The Bank of Mongolia launched a new smartphone application to prevent the forgery of national currency banknotes and to provide...
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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-14-2023
GUATEMALA – Five quetzales note with new imprint.
Banco de Guatemala has recently issued a 5 quetzales banknote (GTQ5.4D) dated 14 April 2021 with the new imprint of...
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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-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...