Canada's $10 vertical bill voted world's best new banknote

Apr 30 2019, 12:40 pm

Canada’s new $10 vertical bill has won an international award.

The International Bank Note Society (IBNS) recently selected the Bank of Canada to receive its prestigious “Bank Note of the Year Award” for 2018.

According to the Society, with over 150 new banknotes released worldwide during 2018, only 10% were of sufficiently new design to be nominated.

From the start, the IBNS says that Canada’s new bill dominated voting, followed by Switzerland (200 Franc human hands), Norway (500 Kroner sailing ship), Russia (100 Ruble soccer) and the Solomon Islands (40 Dollar man blowing conch shell) banknotes.

The IBNS

“The face of the note features the portrait of social justice icon Viola Desmond while the back depicts the Canadian Museum for Human Rights in Winnipeg, Manitoba. Desmond fought for racial equality across Canada and is the first Canadian woman to appear on a bank note (other women have all been British royals),” says the IBNS, describing the bill.

It adds that the purple coloured note is “just fractionally larger than neighboring United States currency bills.”

See also

The IBNS also notes the technological and security features on the bill, which make it easy to check and difficult to counterfeit. The Viola Desmond bill went into circulation in November, 2018.

Other nominees this year included Mexico’s 500 Peso Note, Venezuela’s 100 Bolivares Note, Bahamas’ 20 Dollar Note, and China’s 50 Yuan Note.

The IBNS

Canada won the inaugural IBNS Bank Note of the Year Award in 2004, placed second three years in a row (2011, 2012 & 2013) and finished in third place just last year.

Daily Hive StaffDaily Hive Staff

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