Author Topic: Georgia to Issue Upgraded 20, 50 and 100 Lari Banknotes in February 2016  (Read 1299 times)

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Offline Bimat

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03.11.2015

Upgraded Georgian Lari Banknotes

The National Bank of Georgia will release in circulation upgraded lari banknotes in 2016. The NBG Governor Giorgi Kadagidze said at the presentation held in “Rooms Tbilisi” Hotel.

According to him the upgraded 20, 50 and 100 GEL banknotes will be released gradually and will be in circulation along with the banknotes of the previous emissions.

”This is the first major update of lari banknotes design in 20 years. This project brings together a number of important dates related to the production of banknotes. First, 2015 year is a jubilee for the GEL. This was a new epoch in the monetary history. Therefore, we have symbolically coincided the renewal with the date; second, the National Bank is replacing faded and damaged banknotes with newer ones. The Bank had to refill reserves. It came at a good time because the process would require additional financial resources. Third – it is an international practice and technological progress. At the time, the lari banknotes were of quite high standard and met international demands. Over the years, printing process has improved, more powerful safety signs have been created, and there are new trends in terms of design as well. Because of this, we have decided to update lari banknotes, which will occupy its place among the world currencies” – Giorgi Kadagidze stated at the presentation.

Original and well-known Lari banknote themes have been preserved on upgraded banknotes, but at the same time, histories featured on the banknotes have been diversified with distinct, new elements. The modified design presents Georgian cultural and historical heritage with more precision and modern appearance.

The upgraded Lari banknotes are characterized with distinct color spectrum that is harmonically synchronized with dominant and contrast colors of the main plots.
 
Sizes of lari banknotes have been upgraded as well. The diagonal and symmetric growth principle has been used with the respect to the face value of the banknote.
 
The style of design, parameters and security features of the upgraded banknotes are modern, tested and consecutive for each denomination. Furthermore, the components of the design are maximally integrated into security features, which consequentially create concept of the one family.
 
The upgraded Lari banknotes are protected with modern and high technological and security features that, at the same time, are easily intelligible to the users. Furthermore, the banknotes still have the special improved features for visually impaired people.
 
Upgraded banknotes are made with special materials and security mechanisms that make them robust against contamination and natural wear-and-tear.
 
The world’s leading security printing companies such as “Giesecke & Devrient” (Germany), “Oberthur Fiduciaire” (France), “De La Rue”(England) have participated in the process of improvement of the upgraded design for the Lari banknotes carried by National Bank of Georgia.
 
The banknotes of the previous issues will remain in parallel circulation with upgraded lari banknotes.
 
The banknotes in denominations of 5 and 10 lari will be upgraded later. 

The detailed information about the 20, 50, 100 GEL updated banknotes is available on the special web-page:  www.ganakhlebulilari.ge   

Source:National Bank of Georgia
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Offline Bimat

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Georgia to Issue Upgraded 20, 50 and 100 Lari Banknotes in February 2016
« Reply #1 on: January 16, 2016, 03:20:07 PM »
Images of new banknotes:

Aditya
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Offline Bimat

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Georgia to Issue Upgraded 20, 50 and 100 Lari Banknotes in February 2016
« Reply #2 on: September 24, 2016, 05:26:43 PM »
Georgia renews 100 lari banknotes

Sep 24 - 10:40 am

Modernised 100 GEL (Georgian Lari) banknotes will come into circulation around the countryfrom November 1, the National Bank of Georgia said.

Extra high-tech security features were added to the new banknotes, making them better protected from fraudulent copying. The bills were also of better quality and met top international standards.

NBG said the new money depicted the same iconic faces but had a vastly different and more vibrant look with additional elements, Agenda.ge reports.

The upgraded Lari banknotes are protected with modern and high technological and security features that are easily intelligible to users. Furthermore, the banknotes have special improved features for visually impaired people,” the bank added.

Source
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Offline Bimat

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Georgia to Issue Upgraded 20, 50 and 100 Lari Banknotes in February 2016
« Reply #3 on: June 08, 2017, 06:32:45 AM »
Georgia to Have New 5 Gel Banknotes from September

After releasing upgraded 20, 50 and 100 Gel banknotes, the National Bank of Georgia (NBG) is going to release new 5 Gel banknotes from September.

The information was released by the NBG Head Koba Gvenetadze, on Wednesday’s press conference.

"The process of upgrading Lari banknotes is still in progress…The upgraded 5 Lari banknotes will be issued from the 1st of September 2017 and will be in circulation with the banknotes of the previous issues,” he said.

Gvenetadze added that original and well-known Lari banknote themes have been preserved on upgraded banknotes.

The front side features Ivane Javakhishvili Tbilisi State University building as well as Ivane Javakhishvili portrait in improved relief quality and volume.

The back side features Niko Pirosmani’s paintings “A Fisherman in a Red Shirt” and “Threshing”, as well as the Coat of Arms of Georgia has been.

The upgraded 5 Lari banknote is protected with modern and high technological security features that, at the same time, are easily intelligible to users. Furthermore, the banknotes still have the special improved features for visually impaired people.

The NBG Head added that the upgraded banknotes are made with special materials and security mechanisms that make them robust against contamination and natural wear-and-tear.

The designer of new 5 Gel banknotes is Bacha Malazonia.

The NBG says they will renew 10 Gel banknotes in the future.

By Thea Morrison

Source: Georgia Today

It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline Bimat

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Georgia to Issue Upgraded 20, 50 and 100 Lari Banknotes in February 2016
« Reply #4 on: June 08, 2017, 06:34:43 AM »
Hers's the press release by National Bank of Georgia regarding new 5 Lari banknote:

https://www.nbg.gov.ge/index.php?m=340&newsid=3110&lng=eng

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline Bimat

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Georgia to Issue Upgraded 20, 50 and 100 Lari Banknotes in February 2016
« Reply #5 on: June 17, 2017, 08:15:50 AM »
Upgraded Banknotes In Denomination Of 5 Lari Will Launch In Circulation From The 1st Of September

Friday, June 9

"From the 1st of September 2017 the National Bank of Georgia will issue upgraded 5 Lari banknotes in circulation", said the governor of the National Bank of Georgia, Koba Gvenetadze, at today’s press conference.

"The process of upgrading Lari banknotes is still in progress. The upgraded 5 Lari denomination has been added to the upgraded 20, 50 and 100 Lari banknotes.

The upgraded 5 Lari banknotes will be issued from the 1st of September 2017, and will be in circulation with the banknotes of the previous issues.

Original and well-known Lari banknote themes have been preserved on upgraded banknotes:

The front side features Ivane Javakhishvili Tbilisi State University building, as well as Ivane Javakhishvili's portrait in improved relief quality and volume.

The back side features Niko Pirosmani’s paintings “A Fisherman in a Red Shirt” and “Threshing”, as well as the Coat of Arms of Georgia.

The upgraded 5 Lari banknote is protected with modern and high technological security features that at the same time are easily intelligible to users. Furthermore, the banknotes still have the special improved features for visually impaired people.

“The upgraded banknotes are made with special materials and security mechanisms that make them robust against contamination and natural wear-and-tear," said the governor of the National Bank of Georgia, Koba Gvenetadze.

The upgraded 5 Lari banknote was designed by Bacha Malazonia.

The upgraded banknotes in denominations of 10 lari will be issued later, about which the public will be informed accordingly.

For the detailed information about upgraded banknotes, please visit www.ganakhlebulilari.ge

The upgraded 20 and 50 Lari banknotes have been in circulation since the 1st of February 2016, and the upgraded 100 Lari banknotes from the 1st of November 2016. (NBG)

Source: Messenger
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

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Georgia to Issue Upgraded 20, 50 and 100 Lari Banknotes in February 2016
« Reply #6 on: September 01, 2017, 05:20:07 PM »
Georgia’s new 5 Lari banknotes released today

1 SEP 2017 - 12:37:00

Modernised 5 GEL (Georgian Lari) banknotes in bright new colours and sizes is coming into circulation today around the country.

Original and well-known Lari banknote themes have been preserved on upgraded banknotes: the front side of the upgraded 5 GEL features Ivane Javakhishvili Tbilisi State University building – the portrait of Ivane Javakhishvili himself [a Georgian historian and a linguist] will also be improved relief quality and volume.

The back side features the paintings of famous Georgian painter Niko Pirosmani - "A Fisherman in a Red Shirt” and "Threshing”.

The upgraded 5 GEL banknote, like the previously issued 20, 50 and 100 GEL banknotes, is protected with modern and high technological security features that, at the same time, are easily intelligible to users. Furthermore, the banknotes still have the special improved features for visually impaired people.

The upgraded 5 GEL banknote is designed by Bacha Malazonia.

Later, Georgia will issue upgraded banknotes in denomination of 10 GEL.

Source: Agenda
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.