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Showing posts from November, 2022

Tonga Introduces New Series of Banknotes into Circulation

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The National Reserve Bank of Tonga (NRBT) unveils new series of banknotes featuring Polymer substrates and enhanced security features. On December 4, the National Reserve Bank of Tonga (NRBT) marked a significant milestone with the launch of Tonga's new series of banknotes. The chosen date for the release holds special significance as it commemorates the birthday of King Tupou I, a key modernizer who reigned from 1845 to 1893. Produced in collaboration with De La Rue, the new banknote series incorporates both paper and polymer substrates, introducing updated security elements to enhance durability and deter counterfeiting. This redesign represents Tonga's first use of polymer in its currency since 2015. The series comprises 2-, 5-, 10-, 20-, 50-, and 100-pa’anga notes, with the colors remaining unchanged. Notably, the 5- and 10-pa’anga denominations have transitioned to polymer due to its proven durability, particularly for extensively circulated notes. With one pa’anga being e

New Algeria 2000 Dinar Banknote

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Earlier this month the Central Bank of Algeria released a new Algeria 2000 Dinar commemorative banknote to celebrate the 31st Arab League Summit held in the capital Algiers. The summit, conducted on November 1-2, 2022, focused on discussions pertaining to issues within the Arab world. This significant event also marked the commemoration of 60 years of independence from France in 1962. The banknote, distinguished by its vibrant green color, incorporates both Arabic and English text. On the obverse side, the banknote features a captivating image of the Martyr’s Memorial situated in the capital city of Algiers. Additionally, the official seal of the Arab League is prominently displayed, accompanied by a map depicting the member countries of the Arab League. The reverse side, the note showcases the Tikoubaouine Arch from Tassili N’Ajjer National Park. Positioned at the center is the imposing Great Mosque of Algiers, while the majestic Hoggar Mountains form a subtle backdrop, adding depth a

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