Performance data of Canada's Guardian® polymer notes released3 August 2014Sunbury, England – As reported in Currency News, Bank of Canada’s Chief of Currency Richard Wall presented performance data on his nation’s full family of polymer banknotes at the 2014 Banknote Conference held in Washington DC in April.
The main objectives for the new series were to increase security, lower lifecycle costs and provide more environmentally-friendly notes, along with a platform for future security developments.
Whilst recognising that the series is still relatively new, the central bank was able to confirm an exceptionally low level of counterfeits to date. As for durability, the Guardian® polymer banknote family is exceeding the bank’s forecast. Finally, the green credentials of the Guardian® polymer family were being assessed (read independent Canadian banknote substrate lifecycle assessment here) with no evidence to suggest that the criteria would not be met.
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