europe: Iceland

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Iceland - 2011 500 Kronur

Five Hundred Kronur

ND2011, P62b

Reverse

Iceland - 500 Kronur ND. This is a reprint with new signatures. I am not sure when this note was released. Iceland has a rather small population of just over 320,000 plus and because of that, not all denomination of banknotes are printed on a yearly basis. The design of this note was first introduced in 1981 and since then there were few reprints.

Iceland 10,000 Kronur Hybrid 2013

Ten Thousand Kronur

Dated 22 Mai 2001 (2013), P65

Iceland - 10,000 Kronur Hybrid note. Iceland entered the hybrid banknotes market with the release of a new denomination of 10,000 Kronur on 24.10.2013. According to the central bank, the purpose of releasing this denomination is to facilitate and streamline payment intermediation in the country. The new banknote is dedicated to poet Jónas Hallgrímsson and features a number of references to Jónas and his work. The new notes were printed by De La Rue plc in the UK. DLR and its predecessors have been printing banknotes for Iceland for 83 years. Four million of this denomination were printed at a cost of 29 Kronur per note. Whilst the cost for printing two 5,000 Kronur paper notes would cost the bank 36 Kronur (18 Kr each), it should be noted that the printing of Optiks hybrid notes are generally more expensive due to better security features and in general you will only find them printed on high value notes with such features. The new note is signed by the bank's governor Már Guðmundsson.