Tag: Africa Banknotes

Banknote Story, Châu Phi

Algerian Dinar : A Short history

Set up in 1964, the DZD was on a par with the French Franc until 1973.  Since 1974, the value of the Dinar has been set following the evolution of a basket of 14 currencies.  We have seen depreciation between 1986/1990 of 150% from DZD4.82 to DZD12.191 a US Dollar, followed by a second one, […]

Banknotes News

10 pound Egypt is planned by goverment

The Central Bank of Egypt will begin printing environmentally-friendly currency made of the polymer upon relocation to its new headquarters in Egypt’s new administrative capital, according to a statement from the Cabinet media center. The CBE is set to launch a cash printing facility equipped with the latest currency production machines in the new capital, […]

Banknotes News

Zimbabwe to Issue new Currency in two Weeks

The central bank governor of Zimbabwe has announced that the Reserve Bank of Zimbabwe will introduce, within the next two weeks, new notes and coins which can be used just like the bond coins and notes. The introduction of new cash into the economy will help to curb high premiums on cash. The central bank […]

Banknotes News

Ghana plans new cedi notes on 06.05.2019

According to a press release dated 8 April 2019, the Bank of Ghana plans to introduce “upgraded” banknotes with improved security features, durability, and machine readability on 6 May 2019. All denominations feature Crane’s RAPID windowed security thread; a more prominent watermark of Tetteh Quarshie, cocoa pod, and electrotype denomination; and an enhanced golden iridescent […]