Australia will not put king’s image on banknote
The Reserve Bank of Australia will not place an image of Charles III on its five-dollar banknote, which currently features the late queen Elizabeth II.
The notes will instead “feature a new design that honours the culture and history of the First Australians”, the RBA announced on February 2. It said it will consult with indigenous Australians about the design.
The current notes will remain legal tender alongside the new notes. The central bank released upgraded issues of its banknotes between
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Banknotes
Banknote themes in motion
Antti Heinonen asks whether the world is about to witness a revolution in banknote images
Currency round-up: Ukraine issues war anniversary note
Caymans redesigning banknotes; Travelex expands wholesale business; and more
Marks (and sizes and colours) of distinction
Many central banks make an effort to make cash accessible to blind and partially sighted users
Currency round-up: Charles III causes controversy
Australian government drove decision to drop UK monarch from notes, as ECCB weighs its options
Bank of Uganda denies issuing warning on currency ‘bouquets’
Comms staff nevertheless urge Ugandans not to engage in “misuse of money”
Nigeria cash changeover hangs in balance after court order
Supreme Court orders deadline be suspended as economy reels from after-effects of programme
Argentina will introduce new highest-denomination note
New 2,000 peso note to come after inflation reached nearly 100% at the end of 2022
Cash demand solid despite digitalisation, CPMI finds
Latest ‘red book’ statistics show rapid growth in cashless payments, but demand for cash still resilient