In this video we look at the unique qualities and characteristics of polymer banknotes! A little bit of brief history is that they were first introduced by the Central Bank of Australia, these notes are said to be much more durable than paper banknotes. Because of their durability, the cost of replacement and reproduction significantly decreases. This makes them an attractive option for Central Banks. Unlike paper banknotes, polymer notes have a unique, waxy texture when held. They also allow fo

Science you can bank on. 💵 Ever had a forgotten banknote survive a load of laundry? You can thank us for that. 💅 We started developing polymer banknotes in the 1960s to address counterfeiting crime. Almost 60 years later, they're used as currency around the world. Test your wealth of knowledge about money in our polymer banknotes quiz over at the Double Helix blog: https://blog.doublehelix.csiro.au/polymer-banknotes-a-quick-quiz/ | CSIRO

WATCH: The 1000-Piso Polymer Banknote Features This new banknote strengthens the BSP’s efforts to respond to pressing public health and safety concerns due to the COVID-19 pandemic, promote environmental sustainability, and deter counterfeiting. Polymer bills can be sanitized with less risk of damage, making them a more hygienic alternative to paper banknotes. According to studies conducted by other countries, polymer banknotes have a smaller carbon footprint as their production requires less wa

There’s a new Polymer banknote in town; the $2.00 bill😎💲💰 It entered into circulation in all of the countries using the Eastern Caribbean Dollar (XCD) yesterday, December 6. Some fun facts: -This distinctive banknote pays tribute to the legendary cricketer Sir Vivian Richards, fondly known as “The Master Blaster.” -The issuance of the note forms part of the Eastern Caribbean Central Bank (ECCB’s) year-long celebration of its 40th anniversary -The EC$2 note is legal tender, usable for everyday