Over the course of 2021, the Bundesbank will begin issuing coated €20 banknotes, according to remarks made by the Bundesbank Executive Board member responsible for cash, Johannes Beermann, to the German news agency “Deutsche Presse-Agentur” (dpa). The coating is intended to extend the life of the banknotes. “Longer banknote lifespans mean savings in terms of more

A completely new series of bank notes for Qatar, the country’s fifth, entered circulation on Qatar National Day, Dec. 18. An addition to the series was the 200-riyal note, worth about $55 in U.S. funds. It joins the existing 1-, 5-, 10-, 50-, 100-, and 500-riyal denominations. Old bank notes will stay in circulation for more

The Central Bank of Turkmenistan on the occasion of the 25th anniversary of the country’s neutrality introduced new modified banknotes in denominations of 1, 5, 10, 20, 50 and 100 manats. According to TDH news agency’s report, the reverse side of the banknotes depicts the Turkmenbashi International Seaport and the Constitution Monument, as well as more

A new denomination of QR200 will join the new currency regime as the Qatar Central Bank (QCB) introduces the fifth series through which new notes worth up to QR20bn will be put into circulation by the end of January 2021. The new notes will come into the market in phases, beginning from December 18, which more

PRESIDENT Miguel Diaz-Canel says Cuba will on January 1 start currency unification. According to a statement, Cuba will start dismantling its current two-teer monetary system as of January 1, 2021 leaving the traditional peso (CUP) as the only official currency of the land at an initial exchange rate of 24 to one US dollar. President more