Canada now claims to have the world’s most advanced banknote, including a hologram within the transparent window. It also shows a circle of numbers that match the value of the denomination when held up to a light. A $50 polymer denomination will follow in March and a $20 bill in late 2012. Denominations of $10 and $5 will mean all Canadian money will be printed on the material by 2013. Recycling The new notes, says Bank of Canada senior analyst Julie Girard, will also last 2.5 times longer than paper bills. That will put the life span of a $20 bill - Canada’s most widely circulated denomination - to at least seven years. Continue reading the main story Countries that are purely polymer Australia Brunei Papua New Guinea New Zealand Romania Vietnam That will save production costs because fewer bills will need to made, and the plastic is also recyclable at the end of its lifetime. “It’s possible that someone could be sitting on a lawn chair some day whose parts are made of currency,” Girard says.
only 6 countries are fully converted:
- Papua New Guinea
- New Zealand
Australia is the only producer. God Save the Queen :)