2018’s new Guardian™ banknotes
19 December 2018
2018 marked 30 years since the first polymer banknote was introduced. As this momentous year draws to a close, we take a look back at the many banknotes issued on Guardian™ polymer substrate throughout 2018, which provided each central bank with benefits for durability, security, cleanliness and the environment.
As part of the implementation of the bank’s new strategy, the Central Bank of Mauritania issued a new full series of Guardian™ polymer banknotes in January.
Governor, Abdel Aziz Ould Dahi, said: "Polymer notes are safer, more durable and cleaner than other banknotes. They provide greater resistance to counterfeiting and improve the quality of the circulating banknotes. We have been working extensively with CCL Secure and Canadian Bank Note Company to ensure a smooth transition."
The new vertical $10 banknote featuring Viola marked the first time an iconic Canadian woman was portrayed on a regularly circulating Bank of Canada note. Enhanced security features have been added to help keep the notes safe from counterfeiting, yet easy to use.
“Our banknotes are designed not only to be a secure and durable means of payment, but also to be works of art that tell the stories of Canada. This new $10 fits that bill,” said Governor Stephen S. Poloz.
The Reserve Bank of Australia launched its new $50 banknote into general circulation in 2018, following the release of the $5 and $10 over the past two years.
To increase resilience against counterfeiting, the Next Generation Banknote features an innovative top-to-bottom window that contains a number of dynamic security elements including a reversing number and flying bird, as well as microprint and a patch with a rolling colour effect. There is also a tactile feature to help the vision-impaired community distinguish between different denominations.
The Central Bank of Uruguay issued its first banknote on Guardian™ polymer substrate, a commemorative $50 to celebrate the 50th anniversary of the central bank.
The bank credits Guardian™ polymer for a note that is more inclusive, secure and longer lasting. Ensuring low denominations last a long period of time with public use is critical for Uruguay, as these denominations have the highest circulation in the country.
Papua New Guinea
The Bank of Papua New Guinea launched its new 2, 50 and 100 kina notes, completing the new series of Guardian™ polymer banknotes with upgraded security features and changes in size.
The latest Papua New Guinea family was launched in October with the aim of improving security and making the notes easier to identify by the public. Maintaining the notes’ aesthetic representation of the country’s heritage was also critical, which helps to unite the nation that is spread across many regions.
The new commemorative 100 Romanian lei on Guardian™ celebrates 100 years since the 'Great Union' of the country.
It features complex security features and imagery representing the portraits of King Ferdinand I and Queen Maria, the Great National Assembly on 1 December 1918, the royal cortege in Bucharest on 1 December 1918, part of the mace of King Ferdinand I and four women in folk costumes typical of each united Romanian province.
This year, the Central Bank of Costa Rica announced its plans to change all their denominations currently printed on cotton paper to Guardian™ polymer substrate in 2019.
Treasurer, Marvin Alvarado, said the bank's decision was based on "the high counterfeiting rate of the current cotton-paper banknotes, versus the null counterfeiting rate of the 1000 colones notes printed on Guardian™ polymer.”
The improved durability of polymer and long-term cost benefit was another driver for the change. “By switching the 1000 colones banknote to polymer in 2011, the bank and the country have saved around US$15 million since then," said Mr Alvarado.