The E-Sylum:  Volume 9, Number 30, July 23, 2006, Article 18

THE GAMBIA REDESIGNS BANKNOTES

"As part of continuing efforts to improve the security, durability
and aesthetic quality of The Gambia's banknotes, the Central Bank
of The Gambia has introduced a new design legal tender banknotes,
with effect from Thursday, July 27.

In a press release signed by the Governor of The Central Bank,
according to the demands of the international best practice, Central
Banks introduce significant banknote design and security feature
changes every six to eight years. The Gambia's banknote design
upgrade was postponed because of the scheduled implementation of
the monetary union in the West African Monetary Zone by July 2005,
and the planned eventual introduction of a single currency for
the Zone.

However, in May 2005, the deadline for the launch of monetary
union was rescheduled to December 2009, and since then the Central
Bank has been collaborating with its banknote printers, De La Rue
Currency, to upgrade The Gambia's banknotes."

"The security features of the D100 would also be upgraded by the
inclusion of a silver foil on the front of the note, with the
image of D100 embossed into the foil."

To read the complete article, see: Full Story

  Wayne Homren, Editor

	coinbooks.org Web

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