Ethiopia unveils new 10, 50, 100, and 200 birr notes

The government of Ethiopia today has introduced new currency notes, with enhanced security features and other distinctive elements. The new currency notes replace the Birr 10, 50 and 100 notes while an additional Birr 200 note has also been unveiled. The Birr 5 note remains unchanged and will be turned into coin format soon. The currency change is aimed at gathering currency circulating informally and outside of financial institutions; curb corruption and contraband and support financial institutions confront currency shortage.
Most of the print work is currently in country within NBE vault. Distribution mechanism and planning having been developed and will go in effect through concerned bodies. Security plays a key component in the currency change process and relevant authorities together with members of the community will enforce secure implementation. A Federal command post that includes National Defense, NISS and Federal Police will be set up to oversee this process with the expectation that Regional Command Posts will also be set up.
While Ethiopia has never had a symbol to represent its currency, a new symbol has been designed and will be soon unveiled to symbolize the Birr.
(the report is Office of the Prime Minister-Ethiopia)

 

 

 

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