Central bank boards most often make decisions on banknote imagery

Banknotes image types vary from recognised figures to natural phenomena

The final approval of images on banknotes is most commonly given by the boards of central banks, the Currency Benchmarks 2022 find.

Most central banks include notable persons on at least some banknotes. But the imagery they use varies widely across jurisdictions.

Among the 28 responding institutions, 14 (50%) reported that the central bank board alone approved imagery. Four (14.4%) reported that the board gave approval alongside some other internal or external body.

Three central banks

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