New Zealand's $5 bill named best banknote of the year

Posted on:28 Apr 2016 14:45:55

New Zealand's $5 bill named best banknote of the year
28 April 2016 Current Affairs GK: New Zealand’s five-dollar note has been named the banknote of the year for 2015 by the International Bank Note Society. The note incorporates some of the world’s most advanced security features and beautifully showcasing  New Zealand’s history, culture, and heritage. The $5 note has won form the 40 eligible designs from a record 20 countries.

New Zealand’s five-dollar note : The $5 note has featured mountaineer Sir Edmund Hillary and on the other side, a rare yellow-eyed penguin and local flora. To be eligible, a banknote must have been issued for the first time during the year of the award and be in general circulation. It is assessed for its “artistic merit or innovative security features”, including use of color, contrast and balance.

Almost 150 new banknotes were released last year, with “over three dozen” of sufficiently new design to be eligible for nomination.

Other Winner : Scotland’s Clydesdale Bank five-pound note, Sweden’s 20 kronor note, Russia’s 100 rouble note, and Kazakhstan’s 20,000 tenge note were named as runners-up.

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