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Comoros issues new 500-franc note dated 2006

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500 francs, 2006. Issued September 2006. Pink, blue, green, and m/c. Lemur at center. Security thread, registration device, four stars with half-moon wmk. Signatures: unknown, Le President Du Conseil D’Administration; unknown, Le Gouverneur. Flowers on back. Printer: Banque de France (without imprint).
 
Information and images courtesy of
Paul van Bodegraven.

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Mexico to release new family of notes starting in November 2006

Mexico new 1000 peso

In September 2006, the Bank of Mexico outlined its plans to issue a new family of banknotes designed primarily to improve security and ease identification by the blind through the use of different tactile marks and varying sizes for each denomination. The colors and overall designs of the current series of notes will remain unchanged to avoid confusion. The lone exception is the new $500, which will feature Diego Rivera and Frieda Kahlo.

All of the new notes will be 66 mm tall. However, the 20-peso note will be 120 mm in length, and each larger denomination will be 7 mm longer, culminating in a 1,000-peso note measuring 155 x 66 mm, the same size as the current series of notes (Pick 116 - 121).

The first note of the new series will be the $50, to be released in November 2006, followed by the $20 in 2007. Both of these denominations will be printed on polymer, which — in the bank's experience with the current polymer $20 (Pick 116) — lasts three times longer than paper.

The remaining denominations will be printed on paper, with the $200 and $1,000 appearing in 2008, and the $100 and $500 slated for 2009. The current notes will remain legal tender and will be gradually removed from circulation.

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Sudan to issue new note series by end of 2006

According to a September 27, 2006, report in the Sudan Tribune, the governor of the Bank of Sudan, Sabir Mohamed al-Hassan, estimated that changing the national currency from the dinar to the pound would cost US$150 million. The new currency is expected by year’s end, and its design will reflect the unity, cultural diversity, peace, and industrial development in Sudan.

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Bangladesh issues smaller 10-taka note dated 2006

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Pick 47: 10 taka, 2006. New date. Issued September 21, 2006. Like Pick 39, but reduced size (123 x 60 mm versus 130 x 60 mm), new signature (Dr. Salehuddin Ahmed, Governor), and signature in blue instead of red.

Images courtesy of
Morris Lawing (IBNS member 4282).

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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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Zimbabweans holding 10 trillion in “manure”

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As if suffering the world’s worst inflation (1,200% annualized rate) weren’t punishment enough, Reuters South Africa reports that Zimbabweans failed to exchange more than 10 trillion Zimbabwe dollars (US$40 million) worth of old bank notes (such as the one shown above) prior to the August 21 deadline.

Adding insult to injury, Central Bank Governor Gideon Gono quipped, "I can tell you that 10 trillion (in old bank notes) is still out there and it has become manure."

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Ukraine issues new 500-hryvnia note

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500 hryvnia, 2006. Issued September 15, 2006. Signature 4: Stelmah. Grigory Skovoroda as portrait and wmk, fountain in center. Kyiv-Mohyla Academy and seal, Pythagorian triangle on back. 154 x 75 mm.
 
Images courtesy of  Yury Akhtemenko.

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Nepal issues 50-rupee note to celebrate bank’s 25th anniversary

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50 rupees (US$0.70), ND (2006). Issued September 8, 2006, to celebrate the Nepal Rastra Bank Golden Jubilee Year 2005. Yellow, red, and green. Signature: Bijay Nath Bhattarai, Governor. Serial number prefix: KHA/ 97 to GA/17 (20 million pieces). Registration device. Windowed security thread. King Gyanendra dressed in Daura Suruwal (national dress) as portrait and wmk, Nepal Rastra Bank building at left, Mt. Machhapuchhre (Fishtail) at center, Ashok Stambha (Lumbini) at right. Pair of danphe (national bird) and Mt. Amadablam at center, NRB logo at top left, arms at right on back.

Images courtesy of
Jaya Hari Jha.

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Bahrain’s new central bank to issue new note series

On September 6, 2006, King Hamad bin Isa al-Khalifa passed a law replacing the Bahrain Monetary Agency with a central bank assigned to issue bank notes and determine the monetary policy of the kingdom. The Central Bank of Bahrain will continue the policies of the agency it replaces. “It’s business as usual, there will be no changes,” said Khaled Hamad, executive director of banking supervision.

Nonetheless, since the current series of notes (Pick 18 - 25) carry the name of the Bahrain Monetary Agency on the back, a revised series of notes will be released bearing the name of the new issuing authority. “We will be issuing new notes in the future, but the whole process takes time because we have to create a new design, get security and signatures,” said banking operations executive director Dr. Abdulrahman Saif. “Bahrain’s notes will remain legal tender until the Central Bank issues new ones and they won’t be withdrawn overnight. Even if we issue them, the current ones will be legal for some time.”

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Bahamas issues revised $20 note dated 2006

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20 dollars, 2006. Issued September 6, 2006. Like Pick 65, but second denomination in CRISP (Counterfeit Resistant Integrated Security Product) family with larger island names, 3 mm windowed security thread printed
BAHAMAS, solid security thread, 20 as latent image, THECENTRALBANK in microprinting, sand dollar in OVI, sand dollar as registration device, gold iridescent band with sand dollars on back. Charcoal, red, and green. Signature: Wendy M. Craigg, Governor. Sir Milo B. Butler as portrait and wmk. Nassau Harbor in New Providence on back. Printer: FCOF (with imprint). 156 x 67 mm.

More information is available at the
Central Bank of the Bahamas web site.

Images courtesy of
Morris Lawing (IBNS member 4282).

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Saudi Arabia to issue new notes and coins

Following a September 4, 2006, meeting of the Council of Ministers in Jeddah, Saudi Arabian Monetary Agency Governor Hamad Al-Sayari said that by the second quarter of next Hijrah year, the central bank would circulate new notes and coins with improved security features. “The circulation of bills and coins currently in the market will continue without any change in their values,” Sayari told Saudi Press Agency. The new bills will reflect the cultural and economic progress of Saudi Arabia.

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Solomon Islands issues new $100 and revised $2 notes

On September 2, 2006, the Central Bank of Solomon Islands issued the nation’s first ever $100 note, as well as a revised $2 note. The $100 note honors the country’s rural sector, according to a speech given by CBSI governor Rick Hou. The $2 note is similar to Pick 23, but is now printed on paper, polymer having proven to be disappointing in regards to color retention.

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Pick 29: 100 dollars (US$13.10), ND (2006). Issued September 2, 2006. Light brown, red, and peach. Falcon head wmk, flag, windowed security thread, coat of arms, holographic security emblem, and registration device. Coconut harvesting, palms, ray on back. 160 x 72 mm.


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Pick 25: 2 dollars (US$0.25), ND (2006). Issued September 2, 2006. Like Pick 23, but printed on paper, no commemorative seal, flag and pole added to left of center, and novel serial numbers. 140 x 70 mm.

Images courtesy of
Morris Lawing (IBNS member 4282).

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