Eurasia

Turkey to issue new series of notes in 2009

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The New Turkish Lira (TRY) introduced January 1, 2005 as the 8th emission group, will be replaced by a new currency, the Turkish lira (TL) on January 1, 2009. Existing notes will continue to circulate for a year before being withdrawn, and will remain redeemable for a decade afterwards. The new 9th emission group notes will feature new sizes, colors, designs, and security features. Because the usage of the TRY1 note (shown above) has been very limited, this denomination will be replaced by a coin, and the new series will feature a TL200 banknote, twice the value of the current highest denomination note.

According to a February 27, 2008 article in
Today’s Zaman, important figures of Turkish culture, such as poets, writers, mathematicians, intellectuals, musicians, and artists, will adorn the new banknotes. The central bank will make its final decisions on design issues this coming autumn. “We will see the faces of prominent Turkish historical figures on the new banknotes. But these [banknotes] will not just include those from the 14th or 15th centuries, but also some figures from contemporary history,” a senior official from the central bank noted.

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Georgia new date (2007) 1- and 10-lari notes reported

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1 lari (US$0.60), 2007. Like P68, but new date and new signatures.

10 lari (US$6.25), 2007. Like P71, but new date and new signatures.

Images courtesy of Thomas Augustsson.

© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
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Turkmenistan to issue new notes in 2009

On October 11, 2007, Turkmenistan’s President Gurbanguly Berdimuhamedov approved samples for new banknotes to be issued in 2009. The designs were prepared by De La Rue, which has printed Turkmenistan currency since independence in 1991. According to Turkmenistan.ru, the “new banknotes will bear the images of prominent figures of the Turkmen nation and architectural compositions of Ashgabat. 1 manat banknotes will bear the image of Togrul Bek Turkmen, 5 manat banknotes - Soltan Sanjar Turkmen, 10 manat banknotes - Makhtumkuli Fragi, 20 manat banknotes - Gerogly Bek Turkmen, 50 manak banknotes - Gorgut Ata Turkmen, 100 manat banknotes - Oguz Khan Turkmen. The image of Turkmenistan’s first president Saparmurat Niyazov will be drawn on 500 manat banknotes.”

Since the largest denomination currently in circulation is the 10,000-manat note, it appears that the government intends to revalue its currency in conjunction with the introduction of the new note family. Currently the official exchange rate is 5,000 manats to the US dollar, but the black market rate is almost five times that.

© 2007 - Neither information nor images from this site may be reproduced without permission.
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Georgia issues new 200-lari note

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200 lari (US$118.75), 2006. Issued April 15, 2007. National military hero
Kakutsa Cholokashvili as portrait. Breakaway capital Sokhumi and Sokhumi, Abkhaz in Abkhaz, English, and Georgian on back. Printer: Giesecke & Devrient, Germany. Designers: Bachana and Nodar Malazonia.

Special thanks to Cleophas Elmakias Schockemohle for bringing this to my attention. Images courtesy of Olexandr Danishenko:
www.banknotes-and-coins.com.

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New varieties of Kazakhstan Pick 13, 20, and 21 notes reported

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There are two different 100-tenge notes dated 1993. The original (Pick 13a, top left) was issued in 1993. It features an intaglio rosette in the upper left corner of the front of the note. There is a second variety also dated 1993 (top right), but issued in 2001. It has the rosette in OVI.

There are two different 200-tenge notes dated 1993. The original (Pick 20, middle left) was issued in 2000. It features the denomination embossed on a rosette in the lower right corner of the front of the note. There is a second variety (middle right) also dated 1993, but issued in 2002. It has a latent image instead of embossing, and a different background design to the right of the portrait.

There are two different 500-tenge notes dated 1999. The original (Pick 21, bottom left) was issued in 2000. It features the denomination embossed on a rosette in the lower right corner of the front of the note. There is a second variety (bottom right) also dated 1999, but issued in 2002. It has a latent image instead of embossing, and a different background design to the right of the portrait. This note is listed as Pick 27, erroneously indicated as a 2004 issue.

If anyone has additional information about these or other unlisted varieties for other denominations, please add your comment below.

Information and images courtesy of Eduard Han.

Neither information nor images from this site may be reproduced without permission.


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Kazakhstan issues new note series

Today the National Bank of Kazakhstan began issuing a new series of notes. This completely redesigned series share similar design elements on front (vertical format) and back (horizontal), distinguished primarily by different color schemes and printed denominations. The previous series (Pick 20 - 27) featuring a portrait of Al-Farabi will circulate in parallel with the new series for a period of one year.

The front of each note features the Astan-Baiterek monument in center, with a fragment of printed music of the national anthem overprinted with the numerical denomination. National emblem at left, along with an opened palm, and flag at right. The back of each note features a different main image within the outline of Kazakhstan’s boundaries.

The following security features appear on all notes: watermark, metallic windowed security thread, registration device, intaglio printing, OVI, microprinting, fluorescent serial numbers, iridescent ink, latent image of denomination, and pink fibers that fluoresce red under UV light.

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200 tenge, 2006. Orange and green on m/c unpt. Transport and Communication Ministry building and a winged statue on the bridge over the river Ishim in the capital Astana in foreground, the Ministry of Defense building and steppe in background on back. 126 x 64 mm.

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500 tenge, 2006. Blue and gray on m/c unpt. Ministry of Finance building and Astana city hall in foreground, gulls over the sea in background on back. 130 x 67 mm.

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1,000 tenge, 2006. Yellow and brown on m/c unpt. Presidential Culture Center in foreground, mesas in background on back. 134 x 70 mm.

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2,000 tenge, 2006. Green and blue on m/c unpt. Abai Opera-House in Almaty in foreground, mountain lake in background on back. 139 x 73 mm.

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5,000 tenge, 2006. Red and brown on m/c unpt. Independence Monument and Kazakhstan hotel in Almaty in foreground, mountains in background on back. 144 x 76 mm.

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10,000 tenge, 2006. Violet and blue on m/c unpt. Presidential Residence in Akorda in foreground, canyons in background on back. 149 x 79 mm.

All notes have the same watermark of a leopard head, along with electrotype denomination and different animals (such as the camel shown here).

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Images courtesy of Olexandr Danishenko and Eduard Han.

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Russia to replace 10-ruble note with coin

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On October 31, 2006, the Central Bank of Russia announced that it intends to replace all 10-ruble (Pick 273, US$0.37) bank notes with coins. “Coins serve longer than bank notes,” explained deputy chairman Georgy Luntovsky. Coins can circulate for 10 to 15 years, while 10- and 50-ruble notes have a lifetime of approximately half a year.

Images courtesy of Mikhail Istomin.

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Kazakhstan’s new note series misspells “bank”

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Officials at the National Bank of Kazakhstan admit that there’s a problem with the new series of notes issued on November 15. The word “bank” on some of the new notes is misspelled with an alternate Kazakh form of the letter K (above, top), not the Cyrillic version (above, bottom), which has a slightly different pronunciation. Despite politicians’ calls to scrap the new issue, bank officials plan to release the error notes and then gradually withdraw them from circulation.

This error affects only some 2,000- and 5,000-tenge notes, and not the other denominations in this new series. Curiously, the misspelled “bank” appears on both sides of the KZT2,000 (US$15.65), but only on the face of the KZT5,000 (US$39.10).
 
More info can be found in this
New Zealand Radio article.

Images courtesy of Olexandr Danishenko and Eduard Han.

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Azerbaijan transition to new notes 90% complete

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According to a September 21, 2006
Azeri-Press Information Agency report, the National Bank of Azerbaijan’s cash department deputy director Hajibala Masimov claims that 90 percent of the notes now in circulation are of the new manat series (Pick 24-29), introduced from January through May. The old style notes will continue to circulate until January 1, 2007, after which time they must be exchanged for new notes at banks. Masimov also said that there are no plans to issue a denomination larger than the current 100-manat note (Pick 29).
 
Images courtesy of
Rastsislau Permiakou.

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Russia issues new 5,000-ruble note dated 1997 (Pick 278)

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5,000 rubles, 1997. Issued July 31, 2006. Red and brown. Statesman Nikolay Nikolayevich Muravyov-Amursky’s Monument in Khabarovsk at center with commercial ship in background; his bust as wmk. Automobile bridge across Amur River (the border between Russia and China negotiated by Muravyov) on back. Denomination appears in microperforations. Windowed security thread. Khabarovsk coat of arms in crimson to golden green OVI. Microprinting: “CBRF,” silhouettes of tigers, bears, fish, and trees. 157 x 69 mm.
 
Images courtesy of Mikhail Istomin.

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