Friday, October 23, 2015

Rwanda issues new 1000 Francs note dated 01.05.2015

 

The National Bank of Rwanda has issued a new 1000 Franc note dated 01.05.2015. The note is similar to previous issues except with increased security features, and without French inscriptions on the back. Now all text on the front is in Kinyarwanda, and on the back in English.

Front: Green-to-blue flying dove SPARK Orbital patch; National Museum of Rwanda buildings in Butare.

Back: Golden monkey in Volcanoes National Park. Red-to-green windowed security thread with demetalized BNR1000

Monday, October 19, 2015

Artist replaces "irrelevant" historic figures on Australian banknotes with modern icons

An Australian art director has given the country's currency a makeover featuring iconic and recognizable public figures.

Aaron Tyler redesigned bank notes from five dollars up to $100 featuring household names such as Dame Edna, Ned Kelly, Steve Irwin, Shane Warne and Kylie Minogue.

Corey Worthington, Karl Stefanovic and comedian Chopper Reid sit beside Victoria Bitters cans and meat pies, with Mr Tyler arguing these icons should feature on the Australian currency which is in dire need of a "facelift".

A new form of currency could hit Australian shores, if it was up to Aussie based art director Aaron Tyler. Figures such as Dame Edna next to meat pies (pictured) are some of the bank notes featured

Mr Tyler, has been inspired by these iconic Australian images, and used his talents to slap them onto colourful bank notes from five dollars up to $100

Mr Tyler argued that his Australiana currency could be the future for Australian money, which is in dire need of a ‘facelift’ and showing well known characters such as Ned Kelly (pictured)

Mr Tyler said: ‘I redesigned Australia’s banknotes, featuring instantly recognisable personalities and culture icons that present-day Australians love.’ Kylie Minogue and a barbecue are among these images (pictured)

In pictures posted to Mr Tyler’s blog, which is featured on his personal website, a spectacular collection of the brightly coloured money can be seen with several other iconic Australian images

Kath and Kim, thongs, snakes and an Akubra can be seen plastered all over the $20 note in a colourful homage to the land down under (pictured)

Lara bingle (pictured) can also be seen among the Aussie icons, with graffiti'd trains can also be seen

Shane Warne, Cathy Freeman, Southern Cross tattoo, and Shrimps on the Barbee were also among the designs made by Mr Tyler (pictured)

Legends such as Steve Irwin (pictured) were given the honour of the $100 note

While a glaring Alf Stewart is collaged with the CFA, Diggers, a Meter Maid, and Lamingtons to finish off the hilarious collection of cash (pictured)

Courtesy Daily Mail News

Thursday, October 15, 2015

Nicaragua to issue new 2015 banknote series

The Nicaragua Central Bank plans to issue a new series of banknotes on October 26, 2015. All denominations except the 500 Cordobas are in polymer. The 500 Cordobas is printed on paper.

How to spot genuine and fake Australia $50 notes?

This week a clutch of high-quality fake $50 notes were passed over the counter at a Sydney hotel and they were so good that it took an experienced bar manager to spot them.

Eleven of the notes were passed over the hotel's bar in one night and were only identified at the end of the night.

On holding the note up to the light, the manager noticed the red stripes at the bottom of the note differed slightly to a real $50 note.

The sophisticated fakes passed all the basic tests recommended by the RBA for spotting counterfeit currency except one - they didn't work in poker machines.

One of the notes below is a FAKE. Can you tell which one?

Front:

The fake $50 note handed over at a Sydney hotel this week that raised he suspicions of a sharp-eyed bar manager who noticed the red stripes at the bottom of the note were slightly different.

The genuine $50 note featuring indigenous author David Unaipon has raised numbers in the plastic window, a seven point star in a circle and a coat of arms, but has slightly different red stripes to the fake.

Back:

The side of the fake $50 featuring Australia's first female parliamentarian Edith Cowan looks remarkably like the real thing and is in fact even brighter in color than a genuine note.

The genuine note felt softer than the fake note. The RBA says real notes should feel like plastic and be impossible to scrunch into a ball

The Reserve Bank of Australia says the points to watch for if you think a bank notes has been counterfeited are the feel of the note and numerous visual markers in the design.

Well, if you still can't figure it out, the top one is a fake.

Courtesy Daily Mail Australia

Thursday, October 8, 2015

Scottish banknotes to feature Pudsey Bear

The Bank of Scotland has unveiled a limited-edition note featuring Pudsey Bear which was designed by a 13-year-old from Dundee.

The notes will be auctioned to raise money for BBC Children In Need.

The front of the note shows Pudsey holding the Scottish flag

Only 50 will be printed, 40 of which will feature the serial code Pudsey01 through to Pudsey40. The remaining 10 banknotes will be available for personalised serial numbers, the bank said.

Most of the notes will be auctioned in December by auction house Spink, known for its sales of notable banknotes and coins.

The reverse includes a nod to Children In Need

Kayla Robson, a school pupil from Dundee, won a competition to design part of the note.

She said: “I am very excited to see my design on the new £5 note. Art has always been one of my favourite subjects but I never expected one of my drawings to end up on a banknote.”

The design is being used on the bank’s first polymer bank note.

Courtesy BT.com

Tuesday, October 6, 2015

Fake Argentina 100 Peso banknote has portrait of Turkish founder Atatürk

Turkish citizen Vahap Özdemir was surprised when he realized he had been given a number of fake 100 peso bills while exchanging currency in Buenos Aires, a trap tourists and even locals occasionally fall into in Argentina.

But there was an extraordinary detail in this latest incident: The 100 peso banknote Özdemir received featured the portrait of the founder of the modern Turkish Republic, Mustafa Kemal Atatürk, on one side.

The circulation of counterfeit notes is a common problem in Argentina, but this may be the first-ever instance of counterfeit banknotes being printed this way, Özdemir told the Cihan news agency. The 100 peso note is currently the top currency in circulation in Argentina. The growing demand from tourists, whose local currencies recently gained against the peso, to exchange their foreign currency has enticed counterfeiters to print more pesos.

Özdemir said he was in a hurry and initially failed to notice the picture of Atatürk. “I only realized the oddity when I returned home and checked the notes,” he said.

One Turkish lira currently buys 3.15 pesos. Experts warn people unfamiliar with fake bills in Argentina to check a few things, including the serial numbers, the quality of the paper and holding the bill up in front of a light to examine the watermark.

Courtesy Today's Zaman

Thursday, October 1, 2015

Sweden releases new banknote series

The first batch of Sweden's new currency has gone into circulation as part of a huge project designed to replace over 300 million bank notes across the country.

The Nordic nation has introduced 200-kronor notes and launched updated versons of 20, 50 and 1,000 kronor cash as part of its biggest currency changeover in decades.

The new money features Swedish legends including director Ingmar Bergman, actress Greta Garbo, and children's author Astrid Lindgren.

"The notes we have today have been around in various forms for about 30 years. We have always worked to update the security features of the bank note, but at some point you reach a point when it isn't meaningful any more," said Stefan Ingves, governor of Sweden's central bank, the Riksbank, at a press conference.

The new kronor notes each include a 'KR' symbol in the top right hand corner, which changes colour when you wiggle them, in a move designed to make the money more difficult to forge.

"You can quite easily see if it's genuine," added Ingves.

He made the first purchase with one of the new notes, using a 200 kronor bill to pay for a copy of a children's book in the popular Swedish Pippi Longstocking series, for his granddaughter.

Those super keen on getting their hands on the new currency queued up at the Riksbank in central Stockholm on Thursday afternoon.

The notes will be available from 80 select ATMs this week and eventually nationwide from 2016.

The areas where you can cash in on the new notes first are: Borlänge, Enköping, Gävle, Göteborg, Hedemora, Huskvarna, Jönköping, Kalmar, Karlskrona, Kramfors, Kristinehamn, Lindesberg, Linköping, Lyckeby, Malmö, Nässjö, Olofström, Sandviken, Skellefteå, Stockholm, Sundsvall, Sörberge, Timrå, Umeå, Visby, Västervik, Västerås, Växjö and Örebro.

New coins will also be arriving in Sweden next year, including a brand new two kronor. A fresh set of one and five kronor coins will also be introduced, while the ten kronor coin will be the only currency that doesn't get a makeover.

Today's 20, 50, and 1,000 notes will no longer be valid after June 30th 2016. The current 100 and 500 will be invalid after June 30th, 2017, together with the 1, 2, and 5 kronor coins.

Swedes have become less dependent on cash in recent years and as The Local reported last year, four out of five purchases in Sweden are made electronically or by debit card.

Researchers from Oxford University discovered in 2013 that Sweden's cash was among the filthiest in Europe, with bank notes containing more bacteria than all others across the continent.

Courtesy The Local.se