BCRD will put into circulation new RD$2,000 and RD$1,000 banknotes

The ballots were elaborated under an international bidding mechanism, maintaining the security codes of previous bills.

The Central Bank of the Dominican Republic (BCRD) announced today that as of June 17, new 2,000 and 1,000 peso banknotes, manufactured in May 2023, will begin circulating.

The manufacture of these banknotes was ordered through an international public tender, with orders to maintain the same security features as the current banknotes in circulation, the Central Bank said in a statement.

To ensure a smooth transition for citizens and commerce, the monetary authority decided that the banknotes currently in use will continue to be valid for the payment of all public and private obligations.

The issuance of these banknotes is in compliance with the provisions set forth in Articles 228, 229 and 230 of the Constitution of the Dominican Republic, as well as Article 25, literals a) and c) of the Monetary and Financial Law.

These regulations guarantee that the process of issuing and circulating new banknotes is adequately controlled and supervised.

How to identify counterfeit banknotes?

The Central Bank highlights some nine characteristics of security measures, with which it seeks to maintain protection against counterfeiting and public confidence in the national currency.

In the case of banknotes, the Central Bank includes a series of security codes that are easy to identify:

  1. Year. Located on the lower part of the obverse side of the banknote, it allows identifying the year in which its production was ordered.
  2. Watermark. Image of the patrician Juan Pablo Duarte, which becomes visible when the banknote is held up to the light, accompanied to the right by the denomination value “1000 or 2000” vertically.
  3. Mark for the blind. Geometric figure in high relief located on the edge of the upper left edge.
  4. Latent image. Small inverted lines forming an engraving with the initials “BCRD”. It can be observed at a certain angle, with the help of light.
  5. Security thread. Thin strip that changes from green to blue, which presents an effect of drops and gives the sensation of undulating sand. This thread can be combined with the isotype of the institutional visual identity.
  6. Horizontal numbering. Identification number of each banknote, located on the upper left side. This is the same as the vertical numbering.
  7. Vertical numbering. Identification number of each banknote, located on the right side. This numbering is the same as the horizontal numbering.
  8. Microprints. Inscriptions in very small letters, which at first glance look like a full line, but can be seen with the help of a magnifying glass or magnifying lens.
  9. Isotope with the visual identity of the BCRD. Accompanied by the value of the denomination in numerical characters, which change from green to blue, printed with variable magnetic ink that presents a droplet effect and gives the sensation of undulating sand.

Source:Diariolibre.com

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Dominican Republic Live Editor

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