Sunday, October 30, 2011

Ukraine Issued New 50 Hryvnia Commemorative banknote

On October 5, 2011, Ukraine released into circulation banknotes commemorating the 20th anniversary of the establishment of the National Bank of Ukraine.

The notes are similar to the 2004 issue, except with the phrase "НБУ 20 років" (NBU - 20 years) printed in special ink on the front. When the banknote is held at different angles, the inscription changes color from golden to green.

The notes will have serial numbers from НБ0000001 to НБ0001000.

Pictures courtesy of Claudio Marana.

Tuesday, October 25, 2011

Bhutan Royal Wedding Commemorative Banknotes

The Royal Monetary Authority of Bhutan has issued a 100 Ngultrum banknote to commemorate the royal wedding of King Jigme Khesar Namgyel Wangchuck and Queen Jetsun Pema on October 13, 2011. The notes are on sale for 500 Ngultrum at Bank of Bhutan, Bhutan Development Bank Limited, and at the BOB counter in Paro Airport from October 13 until November 4, 2011.

Front: Mythical angel carrying the Raven Crown; national emblem; royal wedding logo consisting of khorlo (wheel) signifying royalty, circles with dhar (ceremonial scarf) signifying eternal union of thap (method) and sherab (wisdom), and the dham tshig tsangma and lotus, symbolizing purity of union; King Jigme Khesar Namgyel Wangchuck and Queen Jetsun Pema.

Back: Dragons; Punakha Dzong (aka Pungtang Dechen Photrang Dzong, meaning “the palace of great happiness or bliss”). Solid security thread with demetalized ROYAL WEDDING.

Saturday, October 22, 2011

Uganda Won 2011 Best Banknote Series Award at IACA Conference

The Bank of Uganda has won the 2011 Best Series Award and its 50,000 Shilling note, the Best Note award at the International Association of Currency Affairs (IACA) Conference that took place in Singapore from October 3-7, 2011.

All notes issued within the past 18 months were eligible for the competition.

This is the first time that a Central Bank wins both the Best series Award and the Best Note award.

According to Bank of Uganda Deputy Governor Louis Kasekende, Uganda beat stiff competition from the Philippines and Sri Lanka to win the coveted banking award that is intended to promote and recognize excellence in the currency industry. Kasekende says the banknotes were recognized for excellence in harmonizing aesthetics with security features.

This is the second international award the country receives for its banknotes coming shortly after winning the award for the Uganda 50,000 Shilling banknote as the Best banknote of the Year 2010 by the International Banknote Society. Kasekende says that this is the first time a central bank wins both honours.

The 2010 banknote series was designed along the dual themes of “Gifted by Nature” and “Uganda Through the Times” depicting Uganda’s unique natural endowment, cultural heritage and history. This was the first time Uganda’s banknotes were atheistically designed by indigenous artists.

Friday, October 14, 2011

India 10 Rupee Note With the New Rupee Symbol

The Reserve Bank of India has issued on October 3, 2011 a 10 Rupee note without inset letter, in the Mahatma Gandhi series, bearing the signature of Governor Subbarao, dated 2011, and incorporating the new rupee symbol.

Info and pictures courtesy of Claudio Marana.

Saturday, October 1, 2011

New Bank of England £50 Note

The Bank of England will introduce a new-style £50 banknote into circulation on 2 November 2011. The note will feature the 18th century business partnership of entrepreneur Matthew Boulton and engineer James Watt.

The Boulton and Watt £50 bank note is the first time that two portraits have appeared together on the back of a Bank of England bank note. It will also be the first bank note in circulation that is signed by Chris Salmon, who was appointed the Bank's Executive Director in April 2011.

The current £50 bank note, which features Sir John Houblon, the first Governor of the Bank of England, will circulate simultaneously with the Boulton and Watt note, but it will be withdrawn from circulation after an announcement in due course.