Latest News

GCF 2026 – Managing Cash in the 21st Century

The International Currency Association (ICA) has announced the next Global Currency Forum (GCF), taking place 27–30 April 2026 at the Rixos Sungate resort in Antalya, Türkiye.

(House) Banknotes of the Month – Part 2

In the August issue of Currency News we celebrated a number of houses notes – from Bundesdruckerei, PWPW, China Banknote Printing and Minting, and Casa da Moeda do Brasil – showcasing some of the best design and technology in today’s banknote features and print.

Note and Coin News

The Bank of Thailand (BOT) has launched new 50 and 100 baht (THB) banknotes on polymer, which will go into circulation in November. The launch builds on the success of the THB 20 note, which was issued in 2022, and which studies by the BOT have shown is four times more durable than its paper counterpart. The projected savings as a result over the eight years that the notes are expected to last are 350 million banknotes per year, reducing production, transport and resource costs.

In Other News....

Banco de Guatemala put into circulation a new Q100 (quetzal) banknote in July. It is one of the most widely used denominations in the country and features a new dynamic Galaxy® Saturn thread.

Cash Initiatives Around the World

In the session at G+D’s July Currency Technology Symposium on cash initiatives around the world, a number of speakers described their cash cycles and access to cash. While the Dutch National Bank (DNB) is insourcing cash processing as cash volumes fall, cash volumes in Canada are now stable and the private sector is investing and innovating. In contrast South Africa is focused on working with stakeholders to manage note quality in circulation. It too, is looking at how to protect cash.

Building Resilience Through Efficiency: Rethinking Cash Centre Operations

One of the discussions at G+D’s July Currency Technology Symposium centred on how efficiency can be leveraged to build resilience across a wide range of scenarios through rethinking cash centre operations.

Money Matters: Banknotes Around the World

Of the c. 1,000 circulating banknotes in the world from 166 issuing authorities, 35 denominations from eight issuers have a vertical (portrait) orientation on both the front and the reverse, 14 denominations from two issuers on the front only, and 54 denominations from 10 issuers on the reverse only.

PerceptNote® - the New Technology to Predict Banknotes and Security Features Perception

PerceptNote® is the brainchild of two experts working in the area of banknote analysis, Jane Raymond from Secure Perception Research Ltd and Ernesto González Candela from UnderCurrency SA de CV. Each recognised the value of perception analysis for banknote design but also saw the problems and challenges of conducting perception testing with physical samples. In this article, they explain their solution.

News in Brief

The Central Bank of the UAE (CBUAE) and Bank of South Sudan have signed a Memorandum of Understanding (MoU) to establish a comprehensive cooperation framework in the areas of security printing, developing innovative solutions for switching and processing payment card transactions in South Sudan, and exchanging knowledge, experiences, and technical training.

More Than Money: Guatemala’s Q1 Quetzal Symbolizes Economic Confidence

At the recent HSP™ Latin America conference in Rio, the winner of the Regional Commemorative Banknote of the Year award was Banco de Guatemala (Banguat) for the Q1 quetzal. The Governor, Alvaro González Ricci, who received the award, also spoke about the banknote in his presentation at the conference.

The Need for Revolution, Not Evolution

In the northern hemisphere, August has become the ‘go away’ month. Everything slows down and you can’t be sure that you’ll get a response. In those circumstances, we are risking affront by suggesting the need for a radical and fundamental review of cash and the cash cycle. Replies welcome!

Central Banks and Cash Round-Up

The focus for this month’s summary of news from central bank annual reports and other sources are Mozambique, South Africa, and the UK.

Global Developments in Coins v Banknotes

We have recently read that the US Treasury has confirmed that the production of US one cent coins will stop once the stocks of blanks have been used up. Respectively, on the other side of the Atlantic, the German National Cash Forum advocates rounding up or down to the nearest 5 euro cent for cash payments in Germany. It even proposes that the rounding rule (applied from the beginning in Finland) should be applied across Europe as uniformly as possible. Cash means both notes and coins. Therefore, the monitoring of both is important to the future of cash.

Sequential Banknotes: from Manual to Automated Production

In China, commemorative banknotes are more than just banknotes; they serve as carriers of significant historical memories, reflections of Chinese culture, and symbols of national achievements. Because of this, the country sets a high store on quality standards for each note. Among the features most valued by collectors is the presence of consecutive serial numbers – the more unique and uninterrupted the sequence, the greater the collectible value.

A (Moving) Picture Tells a Thousand Words

At the Currency Conference in May, Bundesdruckerei presented visuals of the latest house note in its ExNihilo series. To do so, it used an ingenious new tool from Koenig & Bauer Banknote Solutions (KBBS) – Nota-Live™, which provides accurate live simulation of security documents, complete with realistic optically-varying effects, offering an exceptionally accurate and dynamic way to visualise the designs of these documents.

What is the Value of Cash?

Perhaps this feels like a nugatory question. But when you consider that between 2003 and 2024 there were five times as many studies about the cost of cash than about its value, and that the cost studies were mostly based on numbers while the value studies were more theoretical or descriptive, then the question starts to make sense.

Bolivia’s Bicentennial Commemorative Banknote

Amidst the gradual introduction of a new banknote series, Banco Central de Bolivia (BCB) has also launched a new bicentennial commemorative banknote, which was unveiled earlier this month at a special event attended by the country’s President at the Casa de Libertad in Sucre, a heritage museum and former church where the country signed its declaration of independence in 1825.

(House) Banknotes of the Month

In this version of Banknote of the Month, we are focusing on some of the latest and best house notes, specifically those which have been released at the Currency Conference in May or the High Security Printing (HSP) Latin America conference in June.

In Other News

The Royal Mint (TRM) has announced that just over 30 million new £1 coins are entering circulation across the UK, including 23.3 million of the final £1 coins featuring the effigy of the late Queen Elizabeth II.

Changes Planned for Ukraine’s Currency