Cuba Does Away with Its Dual Currency System
Cuba Does Away with Its Dual Currency System
The start of 2021 has delivered a long-awaited change in Cuba: the end of the country’s dual...
A giant leap forward
Nathalie Creste and Claudia Schwendimann
In 2015, based on an amended legal basis, the laissez-passer issued by the European Union made a giant leap, from...
Former Rolls-Royce boss now head of De La Rue
De La Rue has announced their new chief executive as the troubled banknote printer seeks to reshuffle its business to deal with a series...
Swiss National Bank recalls Series 8 banknotes
The Swiss National Bank recalled its eighth-series banknotes as of 30 April 2021.
The banknotes from the eighth series thereby lost their status as legal...
Ukraine Replaces Low-value Banknotes with Coins
The National Bank of Ukraine (NBU) recently stopped issuing four banknote denominations and is replacing them with coins. The four lowest-value bank note denominations...
Bank of England: Paper £20 and £50 Notes Expire in One Year
The Bank of England has announced that 30 September 2022 will be the last day paper £20 and £50 banknotes will be accepted as...
Venezuela to Chop Six Zeroes Off the Bolivar
The Venezuelan Central Bank (BCV) announced last week that it will delete six zeroes from its national currency, the Bolivar. The change may take...
Zim resurrects its dollar note
In an attempt to counter the shortage of cash in its system, Zimbabwe is issuing new banknotes next month.
There has been a drastic shortage...
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Acceptance & Use of Older-Design U.S. Federal Reserve Notes
The United States is a relatively young and progressive nation, compared to other countries around the world. When it comes to cash, “old” U.S....