Articles on australian banknotes
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On January 27, 1988, the Reserve Bank of Australia released for the first time the commemorative 10 dollars 1988 banknote. It was developped by the Reserve Bank of Australia, The University of Australia and the Commonwealth Scientific and Industrial Research Organisation to enhance the security of australian currency and it was the first modern polymer banknote issued worldwide.
By CAA | Monday, January 6, 2020
The Reserve Bank is responsible for producing and issuing Australia's banknotes. The Bank seeks to ensure that banknotes in circulation are of high quality and in sufficient volume to meet public demand. Australia has one of the safest and most secure currencies in the world, as reflected in the low level of counterfeiting it experiences. To ensure that this continues to be the case, the Bank researches anti-counterfeiting technologies and developments in banknote design. Based on this work, the Bank has been undertaking a major upgrade of Australia's banknotes, incorporating innovative new security features. Arrangements for storage and distribution of Australia's banknotes have also been upgraded in recent years to allow the Bank readily and cost-effectively to accommodate changing patterns in the demand for banknotes in the community.
By Reserve Bank of Australia | Thursday, October 17, 2019