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Showing posts with the label Solomon Islands Banknotes

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...

CBSI to Launch New $10 Commemorative Banknote Soon

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The Central Bank of Solomon Islands (CBSI) is excited to announce its plans to release a new limited-edition $10 commemorative banknote to mark a significant event in the history of the Solomon Islands nation—the XVII Pacific Games 2023, scheduled to be held in Honiara, Solomon Islands, in November. Here are some important details about this commemorative banknote: Design and Production: The new $10 banknote has been crafted using Safeguard polymer by De La Rue, a renowned currency and security printing company in the UK. This choice of material is known for its durability and intricate security features that make counterfeiting extremely difficult. Purpose: This commemorative banknote has been designed to commemorate the XVII Pacific Games 2023, a momentous occasion for the Solomon Islands. Once officially launched, this banknote will be available for both everyday use in circulation and as a collector's item, serving as a special memento to celebrate and remember the PG 2023. Off...

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