News | Currency News

Astrid Mitchell

2 March 2021

3 min read

In Other News…

The Central Bank of Iran has unveiled the designs of three new banknotes as part of the transition of Iran’s currency from the rial to the toman. Under the changes, four zeroes will be knocked off the rial and it will be renamed.

Banknotes Coins News

Astrid Mitchell

2 March 2021

4 min read

The Modern Omani Renaissance in Banknotes

ln celebration of the 50th anniversary of the Modern Omani Renaissance, the Central Bank of Oman (CBO) has launched a new series. Oman, officially the Sultanate of Oman, is located on the southeastern coast of the Arabian Peninsula at the mouth of the Arabian Gulf, sharing its borders with the United Arab Emirates, Saudi Arabia and Yemen. The first national currency was introduced in 1970, replacing the Gulf rupee. Its current name, the Omani rial, was adopted in 1972. Coins were introduced earlier, in 1941.

Banknotes Substrates, Features

Astrid Mitchell

2 March 2021

4 min read

Seaweed – a Natural Solution to Keep Banknotes Clean

COVID-19 has impacted cash usage in a number of ways. Some were inevitable, such as a reduction in use due to the move to online shopping and lockdowns. But one was avoidable and has unfairly and negatively affected both the use and perception of cash, and that was that it carried, and was capable of transmitting, the coronavirus.

Banknotes Sustainability Technology

Astrid Mitchell

2 March 2021

2 min read

Authentication Through Animation

Banknotes have become highly sophisticated, with a massive range of machine readable features to fight the counterfeit threat. At the same time, says Louisenthal, it has also been creating innovative Level 1 features, to stop the counterfeit threat at the first pass, which are memorable, simple to use, visible even under poor lighting conditions and which, at the same time, also send a positive theme into the local community.

Banknotes Substrates, Features

Astrid Mitchell

2 March 2021

9 min read

2020: A Good Year for Polymer Banknotes

Competition creates energy and change. It can be argued that 2020 was the year where the impact of there being two suppliers of polymer substrate in the banknote market started to be seen. The take-up of polymer by central banks accelerated, while investment brought new security features to market, more capacity and more recycling capability.

Banknotes Substrates, Features

Latest News

In Other News…

The Modern Omani Renaissance in Banknotes

Seaweed – a Natural Solution to Keep Banknotes Clean

Authentication Through Animation

2020: A Good Year for Polymer Banknotes

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