Currency

Counterfeiters finally crack the Euro note

According to this article published on The New Zealand Herald's website on Wednesday 2 August, the amount of counterfeit currency discovered in the 12 euroland countries is now running at 600,000 notes a year - roughly the same as before the single…

New Zealand's new coins go into circulation

Smaller, lighter 50, 20, and 10 cent coins were released Monday 31 July in New Zealand. The new coins retain the same "heads" and "tails" designs but the 10 cent coin is copper-coloured, the RBNZ said.

RBNZ countdown to smaller lighter coins

On 31 July the current 50, 20, and 10 cent coins will be replaced with smaller and lighter coins, and the 5 cent coin will begin to be phased out, the Reserve Bank of New Zealand said on Monday 10 July.

RBNZ releases Explaining Currency booklet

The Reserve Bank of New Zealand on Monday 3 July released a third edition of its popular Explaining Currency booklet. The booklet takes readers through the history of New Zealand's currency, describes the banknote and coin designs, and how banknotes and…

Changes to New Zealand's `silver' coins?

The Reserve Bank of New Zealand announced on 11 November details of proposals to modernise New Zealand's `silver' coloured coins. The Reserve Bank emphasised that no decisions have been made, and is now seeking feedback from the public.

SARB to issue bi-metal R5 coin

The South African Reserve Bank (SARB) launched a bi-metal R5 coin on 27 July. The new R5 coin will be in circulation from Monday, 2 August 2004. The coin has a bronze-coloured centre and a silver-coloured border.

Bundesbank warns of small coin shortage

in a press release of 8 June the Bundesbank said on there is a shortage of small-denomination coins in many euro-area countries. A particularly relevant factor seems to be that people are setting aside the small coins given them in change rather than…

Bulgarian national bank issues golden coin

The National Bank of Bulgaria is to issue a commemorative golden coin "The Blessing Virgin Mary" on Monday 1 December, according to the Sofia Morning News. 20,000 of the coins will be issued with nominal value BGN 20.

Irish go back to 'hoarding' coins: central bank

Speaking at the issue of 40,000 commemorative coin sets, the central bank of Ireland's head of currency Hugh O'Donnell said Irish people have reverted to their old habits of 'hoarding' coins.

Fake euro coins hit Belgium

The National Bank of Belgium has found its first fake euro coins, according to Expatica News. The coins were discovered when a batch was returned to the central bank as stock. The fake one and two euros were described by the Treasury as of very high…

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