Thursday, May 29, 2014

Argentina Unveiled New 50 Pesos Note to Mark the 32nd Anniversary of the Malvinas/Falklands War

Argentina has unveiled a new 50-peso currency note featuring a map of the Malvina Islands (Known as the Falkland Islands to the Britain) to commemorate the 32nd anniversary of the invasion of the British archipelago.

The front features map of the islands in the white and blue colors of the Argentine flag. The Reverse features Antonio "Gaucho" Rivero, a folk hero who led the bloody uprising against the British in the long-disputed territory in 1833.

The new note is scheduled to be in circulation in the coming six months.

Friday, May 23, 2014

Scotland to Issue New 5 Pounds Polymer Commemorative Banknote in 2015

Scotland's Clydesdale Bank will issue two million £5 polymer plastic banknotes in March 2015 to commemorate the 125th anniversary of the opening of Forth Bridge and also to celebrate the bridge's nomination for the UNESCO World Heritage List in 2014.

The note also features a portrait of Sir William Arrol, whose company constructed the bridge among many other landmarks in Scotland.

Tuesday, May 20, 2014

Kuwait Unveiled Sixth Issue Dinar Banknotes

Central Bank of Kuwait will release into circulation the sixth issue of the Kuwaiti Dinar banknotes on June 29, 2014.

The sixth issue of the new Kuwaiti Dinar banknotes utilizes the Kuwaiti flag as the inspirational background on all the new banknotes, an element that highlights national identity and pride.

The new banknotes were designed independently so as to feature the diverse factors that Kuwait is comprised of including its desert and marine life, historical elements such as the ancient Greek ruins in Failaka to the first Kuwaiti coin, cultural items like the traditional wooden Kuwaiti door, industrial features including an oil tanker and refinery, elements that reflect Kuwait’s past commercial activities such as traditional sailing vessels and pearl diving and lastly, architectural landmarks that symbolize Kuwait including the Seif Palace, Kuwait National Assembly Building, Kuwait Towers, Liberation Tower, Grand Mosque and Central Bank of Kuwait’s new building.

The new banknotes display special illustrations and intricate designs that can be observed with one’s sight and sense of touch. The new banknotes are user-friendly for the visually impaired due to the raised print found on all the banknotes.

Every new banknote has a unique background design that is inspired from Islamic art, an element that asserts a sense of originality and familiarity both of which further the new banknotes’ aesthetically pleasing design and innovative edge.

Each banknotes’ theme dictates its colour. The KD 20 banknote’s main colour is blue because the featured theme includes elements of Kuwait’s marine life. The KD 10 banknote’s strongest colour is orange and light brown so as to reflect the desert theme that runs throughout the banknote. The remaining banknotes all feature one main colour that mirrors the main theme of the banknote itself.

Quarter Kuwaiti Dinar Note
Kuwait’s Liberation & Heritage

The striking Liberation Tower, a massive 372-meter structure that is one of the main landmarks in Kuwait City as well as one of the tallest buildings in the world, appears on the front side of the banknote as a symbol of Kuwait’s independence since its erection in 1996. The banknote’s backside portrays a traditional wooden Kuwaiti door, a plaster carving and the first Kuwaiti coin used locally.

Half Kuwaiti Dinar Note
Kuwait’s Icons & its Environment

Arguably the most familiar and iconic Kuwaiti landmark, the Kuwait Towers are illustrated on the banknote’s front as they soar mightily into the sky. The banknote’s backside alludes to Kuwait’s marine life and the significance of preserving it such as the endangered hawksbill sea turtle and the silver pomfret (Al Zubaidi), Kuwait’s most popular fish.

One Kuwaiti Dinar Note
Kuwait’s History & Islam

A superb illustration of the Grand Mosque, the largest mosque in the country as well as a symbol of Kuwait’s Islamic identity, is portrayed on the banknote’s front. The backside of the banknote displays a real-life illustration of an iconic column, one of the many influences of ancient Greece’s civilization that swept across and settled in Kuwait’s island of Failaka.

Five Kuwaiti Dinar Note
Economy, Finance & the Oil Industry

With its powerful pyramid steel structure, the Central Bank of Kuwait’s newly constructed building portrayed on the banknote’s front side represents the Bank’s objectives of ensuring resilience, stability and a sound monetary policy. The back of the banknote shows off one of Kuwait’s oil refineries and a tanker as a testament to Kuwait’s precious source of prosperity.

Ten Kuwaiti Dinar Note
Democracy & the Desert

The glorious Kuwait National Assembly Building, a symbolic pillar of Kuwait’s democratic constitution, is beautifully illustrated on the front side of the banknote. Kuwait’s diverse desert life takes over on the banknote’s backside; a captivating illustration of a falcon oversees a seated camel dressed regally in a traditional sadu saddle.

Twenty Kuwaiti Dinar Note
Ruling & the Sea

On the front side of the banknote appears the illustrious Seif Palace, a symbol of sovereignty and ruling power to all of Kuwait’s erstwhile rulers where the country’s affairs are administered. The Boom, the largest and most popular traditional Kuwaiti dhow, is featured on the backside of the banknote, an element that alludes to Kuwait’s modernization as well as its rich economic and commercial history that is linked to the deep blue seas. Another element included on the back is a pearl diver, one of the earliest professions that enabled Kuwaitis to earn a living before the discovery of oil.