Tuesday, May 19, 2015

Guinea Issues New 20,000 Francs Banknote

The Central Bank of the Republic of Guinea has introduced a new 20,000 Franc banknote on May 11, 2015. The new denomination is twice as large as the current 10,000 Franc note.

The front of the note features a Guinean woman in honor of the role women play in the economy; two pigeons taking flight, symbolizing the modernity and the opening of Guinea to the world.

The back features image of the new Kaleta Hydropower Station which is scheduled to put into operation on May 31, 2015.

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