Central Bank
To Introduce
˘20.000 and ˘50.000 Colones Notes
Costa Rica will have a new paper notes as of
next year, principally the introduction of
the ˘20.000 and ˘50.000 colones bills and
radical change in size, shape and colour of
the existing paper bills.
Currently, the Banco Central de Costa Rica (BCCR)
emits notes for in dominations of ˘1.000,
˘2.000, ˘5.000 and ˘10.000.
The first of the new notes will be with the
introduction of the ˘20.000 colones note
that will be in circulation in March of
2010.
The BCCR says that the total change of all
currency notes will be completed by January
2011.
One major change is that each note will also
be different in size than the other, the
smallest being the note with the smallest
domination, the ˘1.000. Each note will also
be a different colour, ˘1.000 note being
red, while the ˘50.000 note will be "morado"
or purple.
For instance the ˘1.000 note will be 67mm by
125mm, incrementing in lenghth to 160mm for
the ˘50.000 note. As well, the new series of
notes will feature the theme of biodiversity
and a new family of personalities, different
the current.
Roy González, general manager of the BCCR,
said that it is custom to introduce new
personalities with the change, but it in now
disparage the past personalities.
The new notes will include features for use
by the blind and help elders with poor
eyesight easily identify the different
notes, and include security measures against
falsification.
The BCCR explained that the security
measures will be on three levels, the first
easily identified by the public, the second
not easily visible to plain sight and the
third a measure exclusive for the Central
Bank to identify their authenticity.
The current bills do not count with the
third level of security and have been easily
copied and falsified.
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