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Polymer Banknotes Around the World

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Over the past 30 years, countries around the world have embraced polymer banknotes for their durability and security features, displacing their paper forebears in whole or in part.

In this graphic, creator Edit Gyenge charts when and why each country introduced polymer currency, using data from Wikipedia.

Events, Independence, and Culture

Money has served as a platform to commemorate important national and cultural milestones, for as long as humans have been minting coins, and this new form of currency is no different.

Here, Gyenge has classified banknote issues by milestone, including: independence and national sovereignty, historical milestones or anniversaries, sporting events, scientific events, and economic milestones.

See the table below for a list of countries by the year of issue and milestone:

CountryYear of IntroductionEvent type

Australia 1988Historical Milestones and Anniversaries

Singapore 1990Independence and National Sovereignty

Papua New Guinea 1991Sports Events

Indonesia 1993Historical Milestones and Anniversaries

Kuwait 1993Independence and National Sovereignty

Brunei 1996Non-Commermorative

Thailand 1997Non-Commermorative

Malaysia 1998Sports Events

Sri Lanka 1998Independence and National Sovereignty

New Zealand 1999Non-Commermorative

Romania 1999Scientific and Astronomical Events

Taiwan 1999Institutional Anniversaries and Economic Milestones

United Kingdom 1999Scientific and Astronomical Events

Brazil 2000Historical Milestones and Anniversaries

China 2000Scientific and Astronomical Events

Bangladesh 2000Non-Commermorative

Mexico 2002Non-Commermorative

Nepal 2002Historical Milestones and Anniversaries

Vietnam 2003Non-Commermorative

Guatemala 2007Non-Commermorative

Hong Kong 2007Non-Commermorative

Nigeria 2007Non-Commermorative

Israel 2008Non-Commermorative

Samoa 2008Non-Commermorative

Nicaragua 2008Non-Commermorative

Chile 2009Non-Commermorative

Dominican Republic 2010Non-Commermorative

Honduras 2010Non-Commermorative

Canada 2011Non-Commermorative

Mozambique 2011Non-Commermorative

Lebanon 2013Independence and National Sovereignty

Mauritius 2013Non-Commermorative

Cape Verde 2014Non-Commermorative

The Gambia 2014Historical Milestones and Anniversaries

Mauritania 2014Non-Commermorative

Poland 2014Historical Milestones and Anniversaries

Trinidad & Tobago 2014Institutional Anniversaries and Economic Milestones

Vanuatu 2014Non-Commermorative

Maldives 2015Independence and National Sovereignty

Botswana 2018Non-Commermorative

North Macedonia 2018Non-Commermorative

Russia 2018Sports Events

São Tomé & Príncipe2018Non-Commermorative

Uruguay 2018Institutional Anniversaries and Economic Milestones

Albania 2019Non-Commermorative

Libya 2019Historical Milestones and Anniversaries

Morocco 2019Historical Milestones and Anniversaries

The Solomons 2019Non-Commermorative

Angola 2020Non-Commermorative

Namibia2020Independence and National Sovereignty

Saudi Arabia 2020Non-Commermorative

United Arab Emirates2021Historical Milestones and Anniversaries

Barbados 2022Non-Commermorative

Egypt 2022Non-Commermorative

Philippines2022Non-Commermorative

Jamaica 2023Non-Commermorative

Tonga 2023Historical Milestones and Anniversaries

Australia was the first to introduce polymer banknotes when they replaced their $10 bill in 1988 to celebrate that nation’s bicentennial anniversary. Romania and Mexico were the first nations in Europe and North America to introduce these banknotes in 1999 and 2002, respectively.

A Replacement Currency

Polymer banknotes are more than just a form of national celebration. Their security, durability, and, most importantly, their reduced environmental impact make them a sustainable replacement for paper currency.

Some nations have already made a permanent switch to polymer for all their banknotes. These include Australia, which switched in 1996, New Zealand in 1999, and Romania in 2003.

The post When Polymer Banknotes Were Introduced, by Country (1988–2023) appeared first on Visual Capitalist.

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