The Design and Printing of Bank Notes: Considerations When Introducing a New Currency

Author/Editor:

Richard K. Abrams

Publication Date:

March 1, 1995

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

Many newly independent or systemically transforming countries feel a pressing need to--or must--introduce their own national currency. Other countries simply wish to enhance the attractiveness, usefulness, durability, and/or security of their currencies. However, it is difficult to find consistent published information on the various aspects of this process. This paper attempts to ameliorate this problem by discussing the main issues in designing, producing, and printing a new currency, in order to help those charged with these tasks to proceed in an orderly and informed manner. Attention is also given to examining the options that may be available when this exercise must be undertaken on an emergency basis, with little or no warning.

Series:

Working Paper No. 1995/026

Subject:

Banking Currencies Expenditure Financial institutions Inflation Labor Money Prices Public expenditure review Securities

English

Publication Date:

March 1, 1995

ISBN/ISSN:

9781451844320/1018-5941

Stock No:

WPIEA0261995

Pages:

34

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