World News – UA – Next Generation of Notes: $ 100 Goes into General Circulation

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New $ 100 note enters circulation today This is the latest denomination to be redesigned as part of the next-generation banknote program

Governor Philip Lowe said: “The release of the new $ 100 marks the completion of a decade-long program to improve the security of our banknotes As a result, Australia continues to have some of the best and safest banknotes in the world We also continue to celebrate the outstanding contributions of two well-known Australians, Sir John Monash and Dame Nellie Melba, on the new $ 100 « 

Sir John Monash was an engineer, soldier and civic leader known for his influence in the building construction industry and for his service as a commander during World War I Dame Nellie Melba was an internationally renowned soprano who performed in Australia, Europe and the United States of America and taught at the Melba Memorial Conservatorium of Music, now the Melba Opera Trust

On the new $ 100 there are a number of dynamic security features built into the window from top to bottom, including an inverted « 100 » in the Shrine of Remembrance, which Monash was instrumental in bringing to life. construction There is also a three-dimensional fan with colored lines, representing Melba’s career as a performer

Deputy Governor Lindsay Boulton said: “We expect it will take some time for people to regularly see the new $ 100 bill in circulation, as our biggest banknote is typically used as a store of wealth. rather than for transactions It is also important for people to know that the existing $ 100 bills can continue to be used and we anticipate that both sets of bills will be in circulation for some time. In fact, all of our tickets, including paper tickets issued many years ago, are legal tender in Australia « 

The Reserve Bank worked closely with manufacturers and retailers of banknote equipment to help them prepare ATMs and other banknote authentication machines to handle the new banknote. $ 100

As with other recently released banknotes, the new $ 100 has a “touch” feature to help blind or visually impaired people distinguish between different denominations There are five raised bumps on each of the long edges of the $ 100 bill

Uncirculated Standard Banknotes are available at face value over the counter at our Sydney Headquarters (65 Martin Place) and Canberra branch (20-22 London Circuit) Advance arrangements must be made to purchase the new tickets at our Sydney office Details can be viewed on the tickets site

Australian one hundred dollar bill, Reserve Bank of Australia, Australia, banknotes, Philip Lowe

News from the world – UA – Next generation of banknotes: $ 100 enters general circulation



SOURCE: https://www.w24news.com/news/world-news-ua-next-generation-of-notes-100-goes-into-general-circulation/?remotepost=480733

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