Maximising the impact of banknote communications

Antti Heinonen highlights the ongoing evolution in how central banks talk about their banknotes

Montage showing banknotes and communication brochures
Central Banking montage / central bank websites

The first banknotes in today’s sense were issued in Sweden during the 1660s. Since then, their imitation has been a major concern for issuers. Despite that, widespread communication about banknotes, and particularly their security features, are a very recent phenomenon. Before the 1970s, communications were limited to big monetary reforms and keeping the restricted circle of law enforcement and correspondent banks informed on the security of new notes. As regards the public, secrecy surrounding

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