Q:
A:
New RSD 2,000 bill in circulation as of 30 December
Belgrade,
23 December 2011
Governor of the National Bank of Serbia (NBS) Dejan Soskic presented today the new RSD 2,000 bill featuring the world-famous scientist of Serbian origin, Milutin Milankovic.
Author:
Tanjug
Addressing a conference at the Serbian Institute for Manufacturing Banknotes and Coins, Soskic said that the new bill will enter circulation on 30 December.
The Governor noted that the new bill has been manufactured in line with international standards and with state-of-the-art anti-counterfeiting features, adding that it is being introduced to facilitate payment operations in Serbia.
Thanks to the new bill, we will reduce the total amount of bills by around 20 million individual items, thus cutting down the manufacturing costs by around RSD 170 million; we will facilitate money transactions and fill in the existing gap between the 1,000 and 5,000 dinar bills, the Governor observed.
He explained that the new bill will not increase the total amount of circulating bills, but only change the composition of denominations.
At a time when the entire Euro zone is in an unprecedented crisis it is important that we keep our Dinar, Soskic said and recalled that this year the Dinar was the most stable currency compared to currencies of neighbouring countries.
The 2,000 banknote is the first entirely new denomination that will be put into circulation after more than seven years. The reverse of the banknote contains the figure of Milutin Milankovic with fragments of stylised images from his scientific works.
Milutin Milankovic was an astronomer, geophysicist, climate scientist, mathematician, engineer - inventor, a doctor of technology, university professor and writer.
The Governor noted that the new bill has been manufactured in line with international standards and with state-of-the-art anti-counterfeiting features, adding that it is being introduced to facilitate payment operations in Serbia.
Thanks to the new bill, we will reduce the total amount of bills by around 20 million individual items, thus cutting down the manufacturing costs by around RSD 170 million; we will facilitate money transactions and fill in the existing gap between the 1,000 and 5,000 dinar bills, the Governor observed.
He explained that the new bill will not increase the total amount of circulating bills, but only change the composition of denominations.
At a time when the entire Euro zone is in an unprecedented crisis it is important that we keep our Dinar, Soskic said and recalled that this year the Dinar was the most stable currency compared to currencies of neighbouring countries.
The 2,000 banknote is the first entirely new denomination that will be put into circulation after more than seven years. The reverse of the banknote contains the figure of Milutin Milankovic with fragments of stylised images from his scientific works.
Milutin Milankovic was an astronomer, geophysicist, climate scientist, mathematician, engineer - inventor, a doctor of technology, university professor and writer.
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