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Australia's new $5 banknote: A clear improvement
Wednesday, September 28, 2016
By ATMmarketplace.com
The United Kingdom isn't the only member of the Commonwealth of Nations to get a new fiver this month. Or even the first.
On Sept. 1, the Reserve Bank of Australia released a new $5 banknote into circulation with the addition of new anti-counterfeiting technologies that can only be described as bonzer.
According to a press release from the bank, new security features designed into the polymer note include a world-first clear top-to-bottom window and several dynamic features that change as the banknote is tilted.
The $5 banknote is the first in a new series. Other denominations will follow in coming years, each incorporating the same security features, the release said.
The new series also includes a tactile feature to help the vision-impaired community distinguish between different denominations. Color, size and famous faces on the notes have been maintained, the central bank said.
Australia's old $5 notes will be removed from circulation over time, but will continue to be accepted as legal tender.
The United Kingdom isn't the only member of the Commonwealth of Nations to get a new fiver this month. Or even the first.
On Sept. 1, the Reserve Bank of Australia released a new $5 banknote into circulation with the addition of new anti-counterfeiting technologies that can only be described as bonzer.
| [youtube https://www.youtube.com/watch?v=WMItrUMZJMg] |
According to a press release from the bank, new security features designed into the polymer note include a world-first clear top-to-bottom window and several dynamic features that change as the banknote is tilted.
The $5 banknote is the first in a new series. Other denominations will follow in coming years, each incorporating the same security features, the release said.
The new series also includes a tactile feature to help the vision-impaired community distinguish between different denominations. Color, size and famous faces on the notes have been maintained, the central bank said.
Australia's old $5 notes will be removed from circulation over time, but will continue to be accepted as legal tender.
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