A brand new mannequin of a Czech Krona 5,000 banknote

As India withdraws its Rs 2000 note, Czech Republic has determined to replace the outdated CZK 5000 notice with new CZK 5000 notice:

This yr, the Czech Nationwide Financial institution will challenge a 5,000 CZK banknote dated 2023. The rationale for placing the brand new mannequin into circulation is the implementation of the mandatory modifications within the printing know-how on the State Printing Workplace of Securities. The brand new 5,000 kroner will complement two present fashions in circulation. These will stay in impact.

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The Financial institution Board of the CNB determined to challenge a brand new banknote mannequin at its assembly on January 26, 2023. Differentiating the 5,000 kroner printed with the brand new know-how from the unique ones is important to observe the circulation of banknotes by the central financial institution.

From the autumn of 2023, Czech banknotes of the next designs might be in circulation:

- 100 CZK mannequin 2018
- 200 CZK mannequin 2018
- 500 CZK mannequin 2009
- 1,000 CZK mannequin 2008
- 2,000 CZK mannequin 2007
- 5,000 CZK mannequin 1999, mannequin 2009, mannequin 2023.

The present change price is 1 CZK = 3.75 INR.

This entry was posted on Might 26, 2023 at 6:36 pm and is filed underneath Central Banks / Monetary Policy, Economics – macro, micro etc. You’ll be able to comply with any responses to this entry by means of the RSS 2.0 feed.
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