Design and Innovation in Banknotes Recognised at HSP Asia 2025

The Regional Banknote of the Year Awards form part of the industry’s High Security Printing (HSP) Asia conference. This year’s awards were presented at a special ceremony during the conference dinner on 2 December.

Awards were made in the three traditional categories for the Banknote awards – Best New Banknote, Best New Series, and Best New Commemorative Banknote – with Japan, Bhutan, Thailand, and Tajikistan all receiving recognition. A fourth category, Best House Note, was introduced earlier this year at the HSP EMEA conference, with KOMSCO and Perum Peruri both awarded in this category at HSP Asia.

Best New Series

The Bank of Japan and Royal Monetary Authority of Bhutan jointly received awards in the Best New Series category.

The Bank of Japan received the award for its new yen banknote series. Issuance of the new 10,000, 5,000, and 1,000 yen notes began in July 2024, marking the first time in 20 years that a new series of banknotes had been introduced.