NEW SOUTH AFRICAN CURRENCY Public Deposited

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  • The E-Sylum: Volume 8, Number 4, January 23, 2005, Article 13

    NEW SOUTH AFRICAN CURRENCY

    >From South African Reserve Bank:
    The South African Reserve Bank (SARB) today launched
    banknotes with improved security features which will go
    into circulation from 1 February 2005.

    In line with international best practice, the Bank regularly
    revises the security features and design of banknotes
    because the Bank is committed to ensuring the public has
    reliable currency. The SARB last changed South Africa's
    banknotes in 1992.

    The upgraded banknotes will retain the Big Five animal
    motif on the front and the economic sector themes on the
    back. There will, however, be some design changes.
    Celebrating South Africa's democracy, the upgraded
    banknotes will be the first to show the South African Coat
    of Arms and to use all eleven languages across the
    denominations.

    The improved security features will make it easier for the
    public to distinguish between good banknotes and counterfeit
    banknotes and further give the upgraded banknotes a distinct
    look. Examples of this are the shimmering gold band, visible
    on the back of the banknote when it is tilted, as well as the
    colour-changing ink on the number value on the front bottom
    right of the R50, R100 and R200 banknotes."

    To read the full text, see: Full Story

    For more information, and images of the old and new
    notes, see: More Info

Source URL Date published
  • 2005-01-23
Volume
  • 8

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