The Central Bank of Seychelles released in circulation upgraded 50, 100 and 500 Rupee notes on June 7, 2011.
The new banknotes consist of a very attractive hologram that replaces the gold and silver sailfish foil.
On the 50 Rupee banknote, the silver holographic sailfish foil security feature reflects the Aldabra Rail and the figure 50 when the banknote is held at different angles.
On the 100 Rupee banknote, the gold holographic sailfish foil security feature reflects the Seychelles Giant Tortoise and the figure 100 when the banknote is held at different angles.
On the 500 Rupee banknote, the gold holographic sailfish foil security feature reflects the Seychelles Scops-Owl and the figure 500 when the banknote is held at different angles.
Additional security upgrades include 2.5mm fluorescent security thread on the 50 Rupee, 2.5mm color shifting security thread on the 100 Rupee and the 3.0mm shifting security thread on the 500 Rupee; The GEMINI feature on all three denominations is a novel ultra-violet teller assist feature that fluoresce under ultra-violet light but appear normal under daylight.
The general color distinction between the different denominations has been further improved by the introduction of the colored denominational text. The 50 Rupee is more greenish, the 100 Rupee is more red and the 500 Rupee is more orange in color compared to the original banknotes currently in circulation.
Another new feature on the banknotes is that they all indicate the year in which they are printed. Moreover, the new banknote are all signed by the current Central Bank Governor, Mr. Pierre Laporte.
The current 50, 100 and 500 Rupee banknotes remain legal tender.