Namibia removes security feature from two banknotes

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Namibian dollar from earlier series featuring OVI diamond

A diamond-shaped security feature is being removed from Namibia's N$10 and N$20 banknotes, something the central bank hopes will reduce production costs without compromising security.

The diamond – printed in optical variation ink, where the colour shifts as the note is tilted – was introduced on the 2012 series of notes. It was moved slightly but retained on the 2013 series, but will now be removed.

The central bank has already printed 64 million new N$10 notes, with Sam Shivute, Bank of Namibi

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