Central Banking Benchmarking

The Central Banking Institute and Central Banking’s Benchmarking Service
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There is wide variation in the durability of banknotes

A central bank’s shortest-lived banknotes will typically be in circulation for around two years, while its most durable survive for seven and a half, according to Currency Benchmarks 2020 – but these median figures disguise much wider gaps within many central banks’ families of notes, and also between institutions.

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