Thursday 4 August 2016

Works on Paper Exhibition At Sasana Kijang BNM Museum And Art Gallery




On 4th August 2016 the new BNM Governor Datuk Muhammad Ibrahim launch the “Works on Paper: Art Inside the Wallet” exhibition at Bank Negara Malaysia Museum and Art Gallery. Thirty banknotes dating from the 14th to 21st centuries from over 10 countries will be on display beginning Aug 4 until Nov 30 at Sasana Kijang. 



This exhibition takes a new look at old subject matter. Banknotes have existed for 
centuries and are often masterpieces of design, with the added ingenuity of security 
features. Work on Paper : Art inside the Wallet Highlights the artistry of these 
miniature marvels and the practical challenges of the banks that issue them. It is a 
chance to enter a world that us usually unappreciated and unseen inside our wallets.

Although they are usually unseen, banknotes have much in common with works of art. 
Both categories of 'works on paper' are filled with thought and creativity. They are 
usually crafted from quality materials and are finished with a signature and sometimes 
a date. Although the size of a banknote doesn.t conform to the typical canvas, they are 
countless examples of art that is made equally intimate dimensions.

Bank Negara Malaysia has never been left behind in the quest to produce banknotes 
of distinction. The most recent series is as colorful and innovative as any in circulation. 
Malaysia has not ignored the highest priority of all. The paramount importance of 
security brings an additional dimension to the work of the designer, printers and banks 
that collaborate to produce even the most basic of banknotes. The purpose of this 
exhibition is to welcome you into that largely hidden world.

Bank Notes with New BNM Governor's Signature



Bank notes with the signature of the new Bank Negara Malaysia (BNM) Governor Datuk Muhammad Ibrahim are expected to be in circulation soon.

The governor said the central bank would need some time to replenish existing notes bearing the former governor’s signature with the new notes. “Once our stock (current bank notes) is finished, we will replenish (the bank notes) with the new one. That (process) will take about two to three months,” he told reporters after the launch of “Works on Paper: Art Inside the Wallet” exhibition here today.

Thirty banknotes dating from the 14th to 21st centuries from over 10 countries will be on display beginning today until Nov 30 at the Bank Negara Malaysia Museum and Art Gallery. These banknotes highlight how the designs and security features tell a story about the values and national identity of a country at a specific point in time, similar to how a work of art can convey a massage.

Earlier in his speech, Muhammad said that banknotes of any nation are unique and represent the identity of the issuing country which, after the national flag, is its most identifiable icon. “The central banks and monetary policies (worldwide) spend considerable resources and efforts designing their banknotes, not only to be as aesthetically pleasing and attractive as possible, but more importantly, to appropriately portray the unique identity of their respective country. “Banknotes incorporate significant natural and cultural aspects of the country, encompassing nature, history, society, economy and technology,” he added. The exhibition also has a section showcasing the process of designing a banknote, functions of an automated cash centre and a dark room for examining security features.


Wednesday 3 August 2016

Liberia Going To Issue New Banknote

According to a press release dated 27 July 2016, the Central Bank of Liberia will introduce a new series of banknotes which retains the portraits of the current series, while enhancing the security, changing the substrate (most likely coated stock or hybrid) to reduce porosity and increase longevity, and adding a new 500-dollar denomination. The specimen designs released so far show the notes are dated 2016 and bear the signatures of the Minister of Finance and Development Planning and the bank's Executive Governor (perhaps Boima S. Kamara and Milton A. Weeks, respectively).













Thailand new 500-baht commemorative note

According to a press release dated 2 August 2016, on 11 August 2016 the Bank of Thailand intends to introduce a new 500 baht note that commemorates the queen’s seventh cycle birthday celebration. Total of 20 million notes were printed.



Purple. Front: Royal Garuda emblem; Bhumibol Adulyadej (Rama IX) wearing in the Royal House of Chakri gown. Back: Royal Garuda emblem; royal family; standing Queen Sirikit examining Royal Folk Arts and Crafts Center products; seated Queen Sirikit wearing Thai Boromphiman costume; Khon performance; Lygodium products; Queen Sirikit Cattleya and Queen Sirikit Rose flowers. Holographic stripe. 4-mm wide green-to-gold RollingStar Cube windowed security thread with demetalized 500 บาท. Watermark: Rama IX and electrotype ๕๐๐. Printer: (NPW). 150 x 72 mm.
a. No date. Signature 87. Intro: 11.08.2016.