The Australian dollar is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu. As of 2022, it is currently the sixth most-traded currency in the foreign exchange market and also the seventh most-held reserve currency in global reserves.
A banknote—also called a bill, paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities.
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.
Security printing is the field of the printing industry that deals with the printing of items such as banknotes, cheques, passports, tamper-evident labels, security tapes, product authentication, stock certificates, postage stamps and identity cards. The main goal of security printing is to prevent forgery, tampering, or counterfeiting. More recently many of the techniques used to protect these high-value documents have become more available to commercial printers, whether they are using the more traditional offset and flexographic presses or the newer digital platforms. Businesses are protecting their lesser-value documents such as transcripts, coupons and prescription pads by incorporating some of the features listed below to ensure that they cannot be forged or that alteration of the data cannot occur undetected.
Polymer banknotes are banknotes made from a synthetic polymer such as biaxially oriented polypropylene (BOPP). Such notes incorporate many security features not available in paper banknotes, including the use of metameric inks. Polymer banknotes last significantly longer than paper notes, causing a decrease in environmental impact and a reduced cost of production and replacement. Modern polymer banknotes were first developed by the Reserve Bank of Australia (RBA), Commonwealth Scientific and Industrial Research Organisation (CSIRO) and The University of Melbourne. They were first issued as currency in Australia during 1988 ; by 1996, the Australian dollar was switched completely to polymer banknotes. Romania was the first country in Europe to issue a plastic note in 1999 and became the third country after Australia and New Zealand to fully convert to polymer by 2003.
Counterfeit money is currency produced outside of the legal sanction of a state or government, usually in a deliberate attempt to imitate that currency and so as to deceive its recipient. Producing or using counterfeit money is a form of fraud or forgery, and is illegal. The business of counterfeiting money is nearly as old as money itself: plated copies have been found of Lydian coins, which are thought to be among the first Western coins. Before the introduction of paper money, the most prevalent method of counterfeiting involved mixing base metals with pure gold or silver. Another form of counterfeiting is the production of documents by legitimate printers in response to fraudulent instructions. During World War II, the Nazis forged British pounds and American dollars. Today, some of the finest counterfeit banknotes are called Superdollars because of their high quality and imitation of the real US dollar. There has been significant counterfeiting of Euro banknotes and coins since the launch of the currency in 2002, but considerably less than that of the US dollar.
The issue of banknotes of the Hong Kong dollar is governed in the Special Administrative Region of Hong Kong by the Hong Kong Monetary Authority (HKMA), the governmental currency board of Hong Kong. Under licence from the HKMA, three commercial banks issue their own banknotes for general circulation in the region. Notes are also issued by the HKMA itself.
The Moroccan dirham is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 santimat.
Banknotes have been issued for use specifically in Northern Ireland since 1929, and are denominated in pounds sterling. They are legal currencies, but technically not legal tender anywhere. This is not uncommon as most bank notes are not recognised as tender. However, the banknotes are still widely accepted as currency by larger merchants and institutions elsewhere in the United Kingdom. Issuing banks have been granted legal rights to issue currency, and back the notes with deposits at the Bank of England.
Innovia Films, a division of CCL Industries, is an international manufacturer and supplier of biaxially-oriented polypropylene (BOPP) films for speciality packaging, labelling, tobacco overwrap and industrial products. It was once known as UCB Films.
The Australian fifty-dollar note is an Australian banknote with a face value of fifty Australian dollars (A$50). Since 1995 it has been a polymer banknote featuring portraits of Edith Cowan, first female member of an Australian parliament, and inventor and Australia's first published Aboriginal Australian author, David Unaipon.
The Australian twenty-dollar note was issued when the currency was changed from the Australian pound to the Australian dollar on 14 February 1966. It replaced the £10 note which had similar orange colouration. There have been only three different issues of this denomination: a paper note which had a gradient of yellow and red, with a distinct orange background, and two designs of polymer note which can be recognised for their distinct red-orange colouration. The first polymer note was issued on 31 October 1994 and the Next Generation polymer banknote was issued on 9 October 2019.
The Australian ten-dollar note was issued when the currency was changed from the Australian pound to the Australian dollar on 14 February 1966. It replaced the £5 note, which included the same blue colouration. There have been four different issues of this denomination: a paper banknote; a commemorative hi-polymer note, to celebrate the bicentennial of Australian settlement ; the 1993–2017 polymer note; and from September 2017 a polymer note featuring a transparent window.
The Australian one-hundred-dollar note was first issued in 1984 as a paper note. There have been two different issues of this denomination: initially a very light turquoise-blue paper note, and from May 1996, a green polymer note. Since the start of issue there have been six signature combinations. Two other combinations were not issued.
The Australian five-dollar note was first issued on 29 May 1967, fifteen months after the currency was changed from the pound to the dollar on 14 February 1966. It was a new denomination with mauve colouration – the pre-decimal system had no denomination with a value of £21⁄2. The first polymer version of the note was introduced in 1992. A major design update was issued from 1 September 2016, with a minor update to the signatures in 2019.
The notes of the Australian dollar were first issued by the Reserve Bank of Australia on 14 February 1966, when Australia changed to decimal currency and replaced the pound with the dollar. This currency was a lot easier for calculating compared to the previous Australian pound worth 20 shillings or 240 pence.
The Frontier series is the seventh series of banknotes of the Canadian dollar released by the Bank of Canada, first circulated in 2011. The polymer banknotes were designed for increased durability and to incorporate more security features over the preceding 2001 Canadian Journey series. The notes feature images that focus on historic Canadian achievements and innovation. Printed on polymer, the 2011 Frontier series was the first series issued by the Bank of Canada printed on a material other than paper. The 2011 Frontier series was followed by the 2018 series.
Northern Bank Limited is a retail bank in Northern Ireland. Northern Banking Company Limited was formed from a private bank, with the Deed of Partnership being signed on 1 August 1824. It is one of the oldest banks in Ireland with its private banking history dating back to 1809, and forms part of one of the Big Four banks in Ireland. Northern Bank took on the name of its parent company Danske Bank as its trading name in November 2012. It is a leading bank in Northern Ireland and a growing bank in Great Britain. In Northern Ireland, the Bank issues its own banknotes.
Guardian is the trademark name of a polymer originally manufactured by Securency International, a joint venture between the Reserve Bank of Australia and Innovia Films Ltd. The latter completed acquisition of the former's stake in 2013.
The New Generation Currency (NGC) Series is the name used to refer to Philippine peso banknotes issued since 2010 and coins issued since 2018. The series uses the Myriad and Twentieth Century typefaces.
