05 September 2012

South Africa: New banknotes to feature former president Nelson Mandela

update (31 Oct 2012): The bank notes featuring former president Nelson Mandela will enter circulation in South Africa on 06 November 2012, the South African Reserve Bank said on 30 Oct 2012. 

The South African Reserve Bank announced the forthcoming introduction of a new series of banknotes honouring former president Nelson Mandela. The new banknotes, which are equipped with a unique combination of state-of-the-art security features, will come into circulation before the end of 2012. The new banknotes will also have enhanced features for the visually impaired, including raised print on both sides.
The front of the banknotes feature an image of South Africa's first democratically elected president Nelson Mandela, while the back of the notes have maintained the "Big Five" animal images that appear on current banknotes. The current and the new banknotes will co-circulate and both are legal tender.


update (21 Sept 2012): To introduce South Africa's new banknotes, the South African Reserve Bank has released a TV commercial to inform the public.

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