Canadian Series named IACA's 'Banknote Series of the Year'
18 September 2013
Melbourne, Australia - In an outstanding endorsement of the new Canadian note series and of Guardian™, the new Canadian Polymer Banknote Series has been named ‘Banknote Series of the Year’ and the C$100 named ‘Banknote of the Year’ by the industry’s peak body, the International Association of Currency Affairs (IACA). The announcement was made at the 2013 Currency Conference in Athens, Greece where Bank of Canada’s Chief of Currency, a clearly delighted Richard Wall, accepted the award.
Finalists in the category also included the Reserve Bank of South Africa’s Nelson Mandela series and the Bank of England’s new £20 note.
The Canadian Polymer Banknote Series first appeared in circulation in 2011, starting with the C$100 followed by the release in 2012 of the C$50 and C$20 notes. The C$10 and C$5 notes are scheduled for release in November 2013.
The entire note series uses Guardian™ substrate, and features large frameless windows with the inclusion of Kinegram Zero.Zero™ foil by Kurz, as well as a complex window containing a diffractive optical device (DOE) in which hidden numbers can be seen using a point light source.
Since the launch of the new note series, there has been strong acceptance of the notes by the Canadian public and Royal Canadian Mounted Police (RCMP) data indicates that the new note series has been successful in dramatically reducing counterfeits.
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