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The E-Sylum: Volume 11, Number 11, March 16, 2008, Article 26 BAHRAIN INTRODUCES NEW BANKNOTES The Central Bank of Bahrain (CBB) announced today that new Bahrain banknotes in all denominations will come into circulation from 17th March 2008. The new banknotes are being issued in the existing denominations of BD20, BD10, BD5, BD1 and BD1/2. No change is being made to the coins in circulation. The new family of Bahrain banknotes feature brand new designs as well as new and improved security features. All five denominations of banknotes are of uniform size (measuring 154mm x 74mm), which is slightly larger than the existing banknotes. 'People do not need to rush out and exchange existing currency for the new. The existing banknotes will continue to be accepted as money for at least one year, and they will remain redeemable by the CBB for a further period of time after being withdrawn from circulation,' he said. Most of the existing banknotes have been in circulation for over a decade. The full set of banknotes was last changed in 1993, although the BD20 banknote underwent some changes in 1998. In addition to the security features, the new banknotes also incorporate, for the first time, a feature to enable the visually-impaired to easily recognize the value of each note. The feature comprises a series of short, raised lines, which appear at the top right on the front face of the note. The BD1/2 has one line; BD1 has two lines and so on, up to BD20, with five lines. To read the complete article, see: Full Story Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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