"Serie - Neue Banknoten"
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Nigeria - der neue 1000er
Hier ein neuer Beitrag zu der laufenden Erweiterung der Naira Serie:
""1000 Note: From Naira to Lira?
Daily Trust (Abuja)
EDITORIAL
April, 2005
It recently came to light that the Central Bank of Nigeria (CBN) has pushed forward to July or August the introduction of the 1000 naira note earlier planned for May this year. Though no cause was cited for the postponement, we sincerely hope the apex bank is rethinking the idea in its entirety.
Ostensibly, the desire to put out a higher naira denomination is driven by a number of factors, among them presumably a requirement for a high-value medium of exchange—especially in the absence of other widely available and acceptable alternative methods of payment—and a store of value of significant worth. And whereas the CBN has said that the 1000 naira note will, among other things, help curb inflation and improve convenience, we are not persuaded that these reasons are enough to embrace a currency regime that most central bankers the world over have generally argued and acted against. Additionally, while it is true that a higher currency denomination do tend to improve convenience of conveyance and usage for the citizenry, it is also true that they aid the sort of criminal activities that government should ordinarily be curtailing. What, for instance, would be the consequences of large cash sums which can be easily concealed (and thus be difficult to trace) on the on-going anti-corruption campaign?
http://www.armdiscoveryfund.com/
Moreover, the CBN's assertion that the coming of the 1000 naira note will reduce inflation does not seem to stand up to long-established and generally accepted economic logic that tends to link the introduction of paper currencies of very high values to increased inflation. In this regard, the now rested Italian lira readily comes to mind. Indeed, without being alarmist about it, we can point to the fact that the introduction of the 100, 200 and 500 naira notes in the last few years has clearly led to increases in prices to the extent that few things can now be purchased with the 10 and five naira notes. More so, as virtually everyone knows, the one naira and 50 kobo coins have all but disappeared from use though they supposedly are still legal tender.
While the circumstances are not exactly the same, we believe the CBN will do well to take note of the findings of the United States House of Representatives' Sub-committee on Domestic and International Monetary Policy regarding the advantages and disadvantages of issuing US banknotes in denominations higher than $100 and the printing of $500 notes in particular. The subcommittee considered that higher currency denominations "could provide savings by reducing printing, processing, and transportation costs." However, the subcommittee weighed these advantages "against the concern that high-denomination banknotes could facilitate money laundering and drug trafficking," and "public policy arguments against reissuing the $500 note, particularly because any efficiency gains...would accrue not only to legitimate users of dollar notes but also to money launderers, tax evaders, and a variety of other lawbreakers who use currency in their criminal activity." To this should be added the information that similar concerns impelled the Canadian government's plan to stop issuing its $1000 banknote.
Relevant Links
West Africa
Nigeria
Currencies
Returning to our shores, we wish to point out that despite the prevalence of banks in the country, many people remain inclined to use high-denomination currency for savings and transactions as they have issues of ready access and long-term trust with these financial institutions. These are also some of the reasons why traders travel with bags of stupendous sums of money to conduct their businesses. There is no doubt that these existing conditions encourage the sort of violent armed robbery that has troubled the nation in recent years. Rather than curb the tendencies that give rise to this nefarious problem as the CBN seems to think, the 1000 naira has the propensity to worsen the situation.
We propose that rather than resort to a higher naira denomination, the CBN ought to support the increased use of cheques, credit cards and other non-cash alternative methods of payment that should be made widely available to enhance acceptability thereby discouraging the proclivity of Nigerians to stockpile and carry loads of cash about. These measures should be explored as an alternative to the introduction of 1000 naira note as there's the frightening possibility that if the ever higher naira value currency trend continues, we may some day end up with outrageous notes like the Italian lira which, before its retirement at the introduction of the euro in 2002, had notes of 1000, 2000, 5000, 10, 000, 50, 000, 100, 000 and 500, 000."
Quelle: http://allafrica.com/stories/200504050390.html
Hier ein neuer Beitrag zu der laufenden Erweiterung der Naira Serie:
""1000 Note: From Naira to Lira?
Daily Trust (Abuja)
EDITORIAL
April, 2005
It recently came to light that the Central Bank of Nigeria (CBN) has pushed forward to July or August the introduction of the 1000 naira note earlier planned for May this year. Though no cause was cited for the postponement, we sincerely hope the apex bank is rethinking the idea in its entirety.
Ostensibly, the desire to put out a higher naira denomination is driven by a number of factors, among them presumably a requirement for a high-value medium of exchange—especially in the absence of other widely available and acceptable alternative methods of payment—and a store of value of significant worth. And whereas the CBN has said that the 1000 naira note will, among other things, help curb inflation and improve convenience, we are not persuaded that these reasons are enough to embrace a currency regime that most central bankers the world over have generally argued and acted against. Additionally, while it is true that a higher currency denomination do tend to improve convenience of conveyance and usage for the citizenry, it is also true that they aid the sort of criminal activities that government should ordinarily be curtailing. What, for instance, would be the consequences of large cash sums which can be easily concealed (and thus be difficult to trace) on the on-going anti-corruption campaign?
http://www.armdiscoveryfund.com/
Moreover, the CBN's assertion that the coming of the 1000 naira note will reduce inflation does not seem to stand up to long-established and generally accepted economic logic that tends to link the introduction of paper currencies of very high values to increased inflation. In this regard, the now rested Italian lira readily comes to mind. Indeed, without being alarmist about it, we can point to the fact that the introduction of the 100, 200 and 500 naira notes in the last few years has clearly led to increases in prices to the extent that few things can now be purchased with the 10 and five naira notes. More so, as virtually everyone knows, the one naira and 50 kobo coins have all but disappeared from use though they supposedly are still legal tender.
While the circumstances are not exactly the same, we believe the CBN will do well to take note of the findings of the United States House of Representatives' Sub-committee on Domestic and International Monetary Policy regarding the advantages and disadvantages of issuing US banknotes in denominations higher than $100 and the printing of $500 notes in particular. The subcommittee considered that higher currency denominations "could provide savings by reducing printing, processing, and transportation costs." However, the subcommittee weighed these advantages "against the concern that high-denomination banknotes could facilitate money laundering and drug trafficking," and "public policy arguments against reissuing the $500 note, particularly because any efficiency gains...would accrue not only to legitimate users of dollar notes but also to money launderers, tax evaders, and a variety of other lawbreakers who use currency in their criminal activity." To this should be added the information that similar concerns impelled the Canadian government's plan to stop issuing its $1000 banknote.
Relevant Links
West Africa
Nigeria
Currencies
Returning to our shores, we wish to point out that despite the prevalence of banks in the country, many people remain inclined to use high-denomination currency for savings and transactions as they have issues of ready access and long-term trust with these financial institutions. These are also some of the reasons why traders travel with bags of stupendous sums of money to conduct their businesses. There is no doubt that these existing conditions encourage the sort of violent armed robbery that has troubled the nation in recent years. Rather than curb the tendencies that give rise to this nefarious problem as the CBN seems to think, the 1000 naira has the propensity to worsen the situation.
We propose that rather than resort to a higher naira denomination, the CBN ought to support the increased use of cheques, credit cards and other non-cash alternative methods of payment that should be made widely available to enhance acceptability thereby discouraging the proclivity of Nigerians to stockpile and carry loads of cash about. These measures should be explored as an alternative to the introduction of 1000 naira note as there's the frightening possibility that if the ever higher naira value currency trend continues, we may some day end up with outrageous notes like the Italian lira which, before its retirement at the introduction of the euro in 2002, had notes of 1000, 2000, 5000, 10, 000, 50, 000, 100, 000 and 500, 000."
Quelle: http://allafrica.com/stories/200504050390.html
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RSA Südafrika - Bilder der neuen 2005er
So, endlich kann ich Bilder der neuen RSA Randscheine 2005 liefern.
Leider ist beim 200er beim scannen die Ecke etwas abgeschnitten.
Ich hoffe, dass das dennoch kein Beinbruch ist.
Schliesslich ist der Rest ja gut erkennbar.
So, endlich kann ich Bilder der neuen RSA Randscheine 2005 liefern.
Leider ist beim 200er beim scannen die Ecke etwas abgeschnitten.
Ich hoffe, dass das dennoch kein Beinbruch ist.
Schliesslich ist der Rest ja gut erkennbar.
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Canada - neuer 10er wird ausgegeben!!!
Hier der Text und erste Bilder!!!
Bank of Canada to Upgrade $10 Bank Note
OTTAWA, ONTARIO – As part of its ongoing efforts to improve the security of Canadian bank notes, the Bank of Canada will issue a $10 note with upgraded security features beginning 18 May 2005.
The upgraded note will have the same security features found on the $20, $50, and $100 Canadian Journey series notes issued in 2004. The improved features include a metallic holographic stripe, a watermark portrait, a windowed colour-shifting thread woven into the paper, a see-through number, and enhanced fluorescence under ultraviolet lighting. These features are reliable and quick and easy to use, and are designed to help Canadians protect themselves from accepting counterfeit notes. The illustrations on the front and back of the note will be the same as those on the $10 note issued in 2001.
The Bank continues to work with the retail and financial sectors as well as law enforcement agencies to inform cash-handlers about the anti-counterfeiting features found on Canadian notes. "To minimize opportunities for counterfeiters, it is important for cash-handlers and consumers alike to take the few seconds that are needed to check the new easy-to-use security features," said David Dodge, Governor of the Bank of Canada.
The Bank of Canada will work with the financial industry to remove previous versions of the $10 note from circulation and expects that most of the older $10 notes will be withdrawn in approximately one year. All Canadian bank notes remain legal tender.
The Bank of Canada is also collaborating with its partners to ensure the smooth introduction of the upgraded $10 note into daily cash exchanges. The Bank is providing manufacturers of bank note handling equipment—such as automated banking machines (ABMs), change-makers, and automated ticket dispensers—with the necessary information to make the required adjustments to their equipment. "In order to ensure that bills are not rejected by bank note handling equipment, it is important for the owners and manufacturers of this equipment to be ready for the upgraded note on 18 May 2005," said Roy Poppe, President of the Canadian Automatic Merchandising Association. "This simply makes good business sense."
For more information on Canadian bank notes, their security features, and education and training materials, visit http://www.bankofcanada.ca/en/banknotes/.
Quelle: http://www.bankofcanada.ca/en/press/2005/pr05-1.htm
weitere infos @ http://www.bankofcanada.ca/en/banknotes/
Hier der Text und erste Bilder!!!
Bank of Canada to Upgrade $10 Bank Note
OTTAWA, ONTARIO – As part of its ongoing efforts to improve the security of Canadian bank notes, the Bank of Canada will issue a $10 note with upgraded security features beginning 18 May 2005.
The upgraded note will have the same security features found on the $20, $50, and $100 Canadian Journey series notes issued in 2004. The improved features include a metallic holographic stripe, a watermark portrait, a windowed colour-shifting thread woven into the paper, a see-through number, and enhanced fluorescence under ultraviolet lighting. These features are reliable and quick and easy to use, and are designed to help Canadians protect themselves from accepting counterfeit notes. The illustrations on the front and back of the note will be the same as those on the $10 note issued in 2001.
The Bank continues to work with the retail and financial sectors as well as law enforcement agencies to inform cash-handlers about the anti-counterfeiting features found on Canadian notes. "To minimize opportunities for counterfeiters, it is important for cash-handlers and consumers alike to take the few seconds that are needed to check the new easy-to-use security features," said David Dodge, Governor of the Bank of Canada.
The Bank of Canada will work with the financial industry to remove previous versions of the $10 note from circulation and expects that most of the older $10 notes will be withdrawn in approximately one year. All Canadian bank notes remain legal tender.
The Bank of Canada is also collaborating with its partners to ensure the smooth introduction of the upgraded $10 note into daily cash exchanges. The Bank is providing manufacturers of bank note handling equipment—such as automated banking machines (ABMs), change-makers, and automated ticket dispensers—with the necessary information to make the required adjustments to their equipment. "In order to ensure that bills are not rejected by bank note handling equipment, it is important for the owners and manufacturers of this equipment to be ready for the upgraded note on 18 May 2005," said Roy Poppe, President of the Canadian Automatic Merchandising Association. "This simply makes good business sense."
For more information on Canadian bank notes, their security features, and education and training materials, visit http://www.bankofcanada.ca/en/banknotes/.
Quelle: http://www.bankofcanada.ca/en/press/2005/pr05-1.htm
weitere infos @ http://www.bankofcanada.ca/en/banknotes/
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Seychellen - neuer 50er mit "Silberfisch"
Es gibt bis jetzt kaum aktuelle Infos zum neuen 50er der Seychellen.
Die ZB website ist nicht zu erreichen und sonstwo gibt es kaum brauchbare Infos.
Ähnlich dem 100er hat der 50er nun auf verbesserte Sicherheitsmerkmale, wie den goldenen Fisch auf der Vorderseite des 100ers, bloß ist er auf der 2005er Ausgabe des 50ers in silber.
Erstes Bild kann hier vorgestellt werden mit bestem Dank an Kate's Paper Money.
Ein besserer Scan folgt, sobald verfügbar!!!
Es gibt bis jetzt kaum aktuelle Infos zum neuen 50er der Seychellen.
Die ZB website ist nicht zu erreichen und sonstwo gibt es kaum brauchbare Infos.
Ähnlich dem 100er hat der 50er nun auf verbesserte Sicherheitsmerkmale, wie den goldenen Fisch auf der Vorderseite des 100ers, bloß ist er auf der 2005er Ausgabe des 50ers in silber.
Erstes Bild kann hier vorgestellt werden mit bestem Dank an Kate's Paper Money.
Ein besserer Scan folgt, sobald verfügbar!!!
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