New Zealand's $5 bill won IBNS Banknote of the Year Award

Apr 29, 2016 08:17 IST

NZD5The International Bank Note Society (IBNS) on 25 April 2016 announced that New Zealand’s five-dollar note won the Banknote of the Year Award for 2015. The bill came out as a clear winner among nearly 40 eligible designs from a record 20 countries.

The runner’s up in the voting were Sweden’s 20 Kronor note depicting children's author Astrid Lindgren, Russia’s 100 Ruble note illustrating Crimean landmarks, Kazakhstan’s 20000 Tenge note and Scotland’s (Clydesdale Bank) 5 Pound polymer note.

About NZD $5 bill

The Reserve Bank of New Zealand began releasing a new family of Brighter Money banknotes in 2015. It began with the $5 and $10 denominations.

The $5 bill is printed by the Canadian Bank Note Company in Ottawa.

Each orange and brown $5 note displays a map of New Zealand in a polymer window as well as numerous upgraded security features.

The face features New Zealand mountain climber Sir Edmund Hillary and South Island’s Mount Cook (Aoraki). A colour changing yellow-eyed (hoiho) penguin completes the face design.

The back design again features this rare penguin unique to New Zealand as well as local flora.

The $5 is slightly smaller than U.S. banknotes but almost identical to the 20 Euro with a face value of approximately 3½ US Dollars, 3 Euros or 2½ British Pounds at early April exchange rates.

About International Bank Note Society

The International Bank Note Society was founded in 1961.

It operates as a non-profit educational organization.

Its objectives are to promote, stimulate and advance the study and knowledge of worldwide banknotes and paper currencies.

The winner of the Bank Note of the Year Award for 2014 was the 50 Dollar polymer Trinidad and Tobago note.

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