South Sudanese pound
The South Sudanese pound is the official currency of the Republic of South Sudan. It is subdivided into 100 piasters, it was approved by the Southern Sudan Legislative Assembly before secession on 9 July 2011 from Sudan. It was introduced on 18 July 2011, replaced the Sudanese pound at par; the banknotes feature the image of John Garang de Mabior, the deceased leader of South Sudan's independence movement. Six different denominations in the form of banknotes have been confirmed, five denominations will be issued in the form of coins. Three new banknotes for 5, 10, 25 piasters were issued 19 October 2011; the first circulation coins of the South Sudanese pound denominated in 10, 20, 50 piasters were issued 9 July 2015, on occasion of the fourth anniversary of independence from Sudan. In 2016, the Bank of South Sudan issued a 20 South Sudanese pound banknote to replace the 25 South Sudanese pound banknote. In 2018, the Bank of South Sudan introduced a 500 South Sudanese pounds banknote to ease daily cash transactions following years of inflation.
As part of a currency redesign to reduce confusion, a 1 Pound coin was released to replace the 1 Pound banknote, a coin for 2 Pounds has been released at the same time as the 1 Pound coin. The 10, 20 and 100 pound notes were all redesigned. In November 2016 the Governor of the Bank of South Sudan issued a statement dismissing as false reports claiming that the bank was printing new notes in denominations of 200, 500 and 1,000 pounds. Coins denominated 10, 20, 50 Piasters were put into circulation on 9 July 2015; as of 2016, South Sudan's coins are being struck at the South African Mint. Bimetallic coins denominated 1 Pound and 2 Pounds has been put into circulation during 2016; the Coat of arms of South Sudan with the country name'REPUBLIC OF SOUTH SUDAN' and the date will appear on the obverses. The various coins will include the following: 10 Piasters - Copper-plated Steel - Oil rig. 20 Piasters - Brass-plated Steel - Shoebill stork. 50 Piasters - Nickel-plated Steel - Northern white rhino. 1 Pound - Bronze-plated Steel centre / Nickel-plated Steel ring - Nubian giraffe.
2 Pounds - Nickel-plated Steel centre / Bronze-plated Steel ring - African Shield. Articles about the banknotes of South Sudan. Banknotes of South Sudan
The Lewes Pound is a local currency in use in the town of Lewes, East Sussex. Inspired by the Totnes pound and BerkShare, the currency was introduced with the blessing of the town council in September 2008 by Transition Town Lewes - a community response to the challenges of climate change and peak oil. Lewes first introduced its own currency in 1789, but this was discontinued in 1895 along with a number of other local currencies, its reintroduction in September 2008 achieved national media coverage. On 3 July 2009, it was announced that the scheme was to be extended and that new notes of £5, £10 and £21 denominations would be issued; the £21 note emphasises the fact that five pence of each Lewes pound bought goes to the local charity the Live Lewes Fund. As of 2017, notes in circulation are: 1 Pound, undated 1 Pound, green, 2009 1 Pound, green, 2017 5 Pounds, blue, 2009 5 Pounds, blue, 2013 5 Pounds, blue, 2017 10 Pounds, yellow, 2009 10 Pounds, blue, 2014 21 Pounds, red, 2009 The value of the Lewes Pound is fixed at £1 Sterling, by January 2009 could used in any of 130 shops in Lewes.
Despite its nominal value, some businesses charge a lesser fee in Lewes Pounds, some of the earliest notes have been sold on eBay for higher values. The front features a picture of the South Downs with an image of Lewes resident Thomas Paine and a quotation of his: "We have it in our power to build the world anew". On the back is a picture of Lewes Castle; the notes are printed on traditional banknote paper and have a number of security features including unique numbering and heat marks. The Lewes Pound and the Transition Towns movement have received criticism for a failure to address the needs of the wider Lewes population lower socio-economic groups; such local currency initiatives have been more criticised in light of limited success in stimulating new spending in local economies and as an unrealistic strategy to reduce carbon emissions. Bristol Pound Stroud Pound Totnes pound BerkShares Toronto Dollar Brixton Pound Official web site details and bulletin board Community Currency Online Magazine
The Egyptian pound is the currency of Egypt. It is divided into ersh, or 1,000 milliemes; the Egyptian pound is abbreviated as LE or L. E. which stands for livre égyptienne. E£ and £E are used on the internet; the name Genēh is derived from the Guinea coin, which had the same value of 100 piastres at the end of the 19th century. In 1834, a khedival decree was issued, adopting an Egyptian currency based on a bimetallic standard on the basis of the Maria Theresa thaler, a popular trade coin in the region; the Egyptian pound, known as the geneih, was introduced, replacing the Egyptian piastre as the chief unit of currency. The piastre continued to circulate as 1⁄100 of a pound, with the piastre subdivided into 40 para. In 1885, the para ceased to be issued, the piastre was divided into tenths; these tenths were renamed milliemes in 1916. The legal exchange rates were fixed by force of law for important foreign currencies which became acceptable in the settlement of internal transactions; this led to Egypt using a de facto gold standard between 1885 and 1914, with E£1 = 7.4375 grams pure gold.
At the outbreak of World War I, the Egyptian pound was pegged to the British pound sterling at EG£0.975 per GB£1. Egypt remained part of the Sterling Area until 1962, when Egypt devalued and switched to a peg to the United States dollar, at a rate of EG£1 = US$2.3. This peg; the pound was itself devalued in 1978 to a peg of 1 pound. The pound floated in 1989. However, until 2001, the float was managed by the Central Bank of Egypt and foreign exchange controls were in effect; the Central Bank of Egypt voted to end the managed-float regime and allowed the pound to float on 3 November 2016. The official rate fell twofold; the Egyptian pound was used in Anglo-Egyptian Sudan between 1899 and 1956, Cyrenaica when it was under British occupation and an independent emirate between 1942 and 1951. The National Bank of Egypt issued banknotes for the first time on 3 April 1899; the Central Bank of Egypt and the National Bank of Egypt were unified into the Central Bank of Egypt in 1961. Several unofficial popular names are used to refer to different values of Egyptian currency.
These include nekla for 2 milliemes, ta'rifa for 5 milliemes, shelen for 5 piastres, bariza for 10 piastres, reyal for 20 piastres. Since the piastre and millieme are no longer legal tender, the smallest denomination minted being the 25-piastre coin, these terms have fallen into disuse and survive as curios. A few have survived to refer to pounds: bariza now refers to a ten-pound note and reyal can be used in reference to a 20-pound note. Different sums of EGP have special nicknames, for example: 1 EGP Bolbol meaning nightingale or Gondi meaning soldier, 1,000 EGP baku "pack". Between 1837 and 1900, copper 1 and 5 para*, silver 10 and 20 para, 1, 5, 10 and 20 piastre, gold 5, 10 and 20 piastre and 1 pound coins were introduced, with gold 50 piastre coins following in 1839. Copper 10 para coins were introduced in 1853. Copper 10 para coins were again introduced in 1862, followed by copper 4 para and 21⁄2 piastre coins in 1863. Gold 25 piastre coins were introduced in 1867. In 1885, a new coinage was introduced consisting of bronze 1⁄4, 1⁄2, 1, 2 and 5 millieme, silver 1, 2, 5, 10 and 20 piastre coins.
The gold coinage ceased, with only small numbers of 5 and 10 piastre coins issued. In 1916 and 1917, a new base metal coinage was introduced consisting of bronze 1⁄2 millieme and holed, cupro-nickel 1, 2, 5 and 10 millieme coins. Silver 2, 5, 10 and 20 piastre coins continued to be issued, a gold 1 pound coin was reintroduced. Between 1922 and 1923, the gold coinage was extended to include 20 and 50 piastre and 1 and 5 pound coins. In 1924, bronze replaced cupro-nickel in the 1 millieme coin and the holes were removed from the other cupro-nickel coins. In 1938, bronze 5 and 10 millieme coins were introduced, followed in 1944 by silver, hexagonal 2 piastre coins. Between 1954 and 1956, a new coinage was introduced, consisting of aluminium-bronze 1, 5 and 10 millieme and silver 5, 10 and 20 piastre coins, with the size of the silver coinage reduced. An aluminium-bronze 2 millieme coin was introduced in 1962. In 1967 the silver coinage was abandoned and cupro-nickel 5 and 10 piastre coins were introduced.
Aluminium replaced aluminium-bronze in the 1, 5 and 10 millieme coins in 1972, followed by brass in the 5 and 10 millieme coins in 1973. Aluminium-bronze 2 piastre and cupro-nickel 20 piastre coins were introduced in 1980, followed by aluminium-bronze 1 and 5 piastre coins in 1984. In 1992, brass 5 and 10 piastre coins were introduced, followed by holed, cupro-nickel 25 piastre coins in 1993; the size of 5 piastre coins was reduced in 2004, 10 and 25 piastre coins - in 2008. On June 1, 2006, 50 piastre and 1 pound coins dated 2005 were introduced, its equivalent banknotes were phased out and disappeared from circulation in 2010; the coins bear the face of Cleo
A currency, in the most specific sense is money in any form when in use or circulation as a medium of exchange circulating banknotes and coins. A more general definition is that a currency is a system of money in common use for people in a nation. Under this definition, US dollars, pounds sterling, Australian dollars, European euros, Russian rubles and Indian Rupees are examples of currency; these various currencies are recognized as stores of value and are traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are defined by governments, each type has limited boundaries of acceptance. Other definitions of the term "currency" are discussed in their respective synonymous articles banknote and money; the latter definition, pertaining to the currency systems of nations, is the topic of this article. Currencies can be classified into two monetary systems: fiat money and commodity money, depending on what guarantees the currency's value.
Some currencies are legal tender in certain political jurisdictions. Others are traded for their economic value. Digital currency has arisen with the popularity of the Internet. Money was a form of receipt, representing grain stored in temple granaries in Sumer in ancient Mesopotamia and in Ancient Egypt. In this first stage of currency, metals were used as symbols to represent value stored in the form of commodities; this formed the basis of trade in the Fertile Crescent for over 1500 years. However, the collapse of the Near Eastern trading system pointed to a flaw: in an era where there was no place, safe to store value, the value of a circulating medium could only be as sound as the forces that defended that store. A trade could only reach as far as the credibility of that military. By the late Bronze Age, however, a series of treaties had established safe passage for merchants around the Eastern Mediterranean, spreading from Minoan Crete and Mycenae in the northwest to Elam and Bahrain in the southeast.
It is not known what was used as a currency for these exchanges, but it is thought that ox-hide shaped ingots of copper, produced in Cyprus, may have functioned as a currency. It is thought that the increase in piracy and raiding associated with the Bronze Age collapse produced by the Peoples of the Sea, brought the trading system of oxhide ingots to an end, it was only the recovery of Phoenician trade in the 10th and 9th centuries BC that led to a return to prosperity, the appearance of real coinage first in Anatolia with Croesus of Lydia and subsequently with the Greeks and Persians. In Africa, many forms of value store have been used, including beads, ivory, various forms of weapons, the manilla currency, ochre and other earth oxides; the manilla rings of West Africa were one of the currencies used from the 15th century onwards to sell slaves. African currency is still notable for its variety, in many places, various forms of barter still apply; these factors led to the metal itself being the store of value: first silver both silver and gold, at one point bronze.
Now we have other non-precious metals as coins. Metals were mined and stamped into coins; this was to assure the individual accepting the coin that he was getting a certain known weight of precious metal. Coins could be counterfeited, but the existence of standard coins created a new unit of account, which helped lead to banking. Archimedes' principle provided the next link: coins could now be tested for their fine weight of metal, thus the value of a coin could be determined if it had been shaved, debased or otherwise tampered with. Most major economies using coinage had several tiers of coins of different values, made of copper and gold. Gold coins were the most valuable and were used for large purchases, payment of the military and backing of state activities. Units of account were defined as the value of a particular type of gold coin. Silver coins were used for midsized transactions, sometimes defined a unit of account, while coins of copper or silver, or some mixture of them, might be used for everyday transactions.
This system had been used in ancient India since the time of the Mahajanapadas. The exact ratios between the values of the three metals varied between different eras and places. However, the rarity of gold made it more valuable than silver, silver was worth more than copper. In premodern China, the need for credit and for a medium of exchange, less physically cumbersome than large numbers of copper coins led to the introduction of paper money, i.e. banknotes. Their introduction was a gradual process which lasted from the late Tang dynasty into the Song dynasty, it began as a means for merchants to exchange heavy coinage for receipts of deposit issued as promissory notes by wholesalers' shops. These notes were valid for temporary use in a small regional territory. In the 10th century, the Song dynasty government began to circulate these notes amongst the traders in its monopolized salt industry; the Song government granted several shops the right to issue banknotes, in the early 12th century the government took over these shops to produce state-issued currency.
Yet the banknotes issued w
The pound known as the lira, was the currency of Cyprus, including the Sovereign Base Areas in Akrotiri and Dhekelia, until 31 December 2007, when the Republic of Cyprus adopted the euro. However, the self-proclaimed Turkish Republic of Northern Cyprus used and still uses on the official level the Turkish lira; the Cypriot pound was replaced by the euro as official currency of the Republic of Cyprus on 1 January 2008 at the irrevocable fixed exchange rate of CYP 0.585274 per EUR 1.00. The British introduced the pound sterling unit to Cyprus in 1879 at a rate of one pound to 180 Turkish piastres, it remained equal in value to the pound sterling until 1972, some twelve years after Cyprus gained independence from the United Kingdom. The Cyprus pound was divided into 20 shillings, in common with its United Kingdom counterpart. However, unlike the United Kingdom shilling, the Cyprus shilling was divided into 9 piastres, thus establishing a nomenclature link to earlier Ottoman currency; the piastre was itself divided into 40 para.
The para denomination was used on postage stamps. However, the 1⁄4-piastre coin was equal to 10 para and called δεκάρα in Greek and the 1⁄2-piastre coin was equal to 20 para and called εικοσάρα; the introduction of the British currency into Cyprus was controversial from its inception in 1879 as technically the island remained a province of the Ottoman Empire and the right to issue currency within the Ottoman Empire rested with the Ottoman Sultan. A question on the legality of introducing the pound in Cyprus was raised by the British Member of Parliament, Mr. Thomson Hankey in the United Kingdom parliament in 1879, but concerns were dismissed by the British government, they ceased to be an issue on the island following its full annexation by Britain in 1914. In 1955, a decision was made by the British colonial authorities to decimalise the Cypriot pound, in this they used the system proposed by William Brown, a member of the United Kingdom parliament, who suggested in 1855 that the pound sterling in the United Kingdom should be divided into one-thousand parts, each called a mil.
Although this system was never adopted in the United Kingdom, it was used in several British colonies, including Hong Kong from 1863 to 1866. This latter example may have been the impetus to use a pound-mil system in Cyprus as the Palestinian pound was for a brief period accepted as legal tender in Cyprus. Cyprus decimalized in 1955 with 1,000 mils to the pound. Colloquially, the 5-mil coin was known as a "piastre" and the 50-mil coin as a "shilling"; the subdivision was changed to 100 cents to the pound on 3 October 1983. At that time, the smallest coin still in circulation was that of 5 mils; this soon was abolished. Mil-denominated coins are no longer legal tender. Towards the end of the Cypriot pound era, some cashiers omitted the 1- and 2-cent coins from the change they gave. Owner-operated businesses rounded down the net amount to be paid to the nearest multiple of 5 cents; the Cypriot national currency was replaced by the euro on 1 January 2008. The currency entered the Exchange Rate Mechanism II on 2 May 2005 and it was limited within the band of CYP 0.585274 ±15% per euro.
A formal application to adopt the euro was submitted on 13 February 2007. On May 16, 2007, along with Malta, received the European Commission's approval for this and was confirmed by the European Parliament on 20 June 2007 and the EU leaders on 21 June 2007; the permanent exchange rate, EUR 1.00 = CYP 0.585274, was decided by the EU Finance Ministers on 10 July 2007. From 12 July 2007 to 5 December 2007, the exchange rate remained at 0.5842. Since 7 December 2007, the rate has been fixed at the irrevocable rate, € = £0.585274. In summer 2006, the Bank of Cyprus started including on its statements the indicative balance in euros; the Cyprus Telecommunications Authority followed suit with its bills two months later. A small number of shops showed indicative euro totals on their receipts. By late autumn 2006, the number of banks and shops offering indicative euro equivalents on their statements and pricing had increased significantly; the Cypriot pound was replaced by the euro as official currency of the Republic of Cyprus on 1 January 2008 at the irrevocable fixed exchange rate of CYP 0.585274 per €1.
However, pound banknotes and coins continued to have legal tender status and were accepted for cash payments until 31 January 2008. Cypriot pounds were convertible free of charge at Cypriot credit institutions until 30 June 2008. CYP coins were convertible at the Central Bank of Cyprus until 31 December 2009 and CYP banknotes were convertible until 31 December 2017. For a wider history surrounding currency in the region, see The History of British Currency in the Middle East. In 1879, copper coins were introduced in denominations of 1⁄4, 1⁄2, 1 piastre; the Greek-Cypriots called the first of these coins the δεκάρα, referring to its equivalence to 10 para. The Greek name for the 1⁄2-piastre coin was εικοσάρα; these coins were followed, in 1901, by silver 3, 4 1⁄2, 9 and 18 piastres, the last two being equal to 1 and 2 shillings. The 3 piastres was only issued that year; the 1⁄4 piastre was last struck in 1926. In 1934, scalloped-shaped 1⁄2 and 1 piastre coins were introduced struck in cupro-nickel, changing to bronze in 1942.
In 1947, cupro-nickel 1 and 2 shil
Holey dollar is the name given to coins used in the early history of two British settlements: Prince Edward Island and New South Wales. The middle was punched out of Spanish dollars, creating two parts: a small coin, known as a "dump" in Australia, a "holey dollar"; this coin was one of the first coins struck in Australia. From 1497, the Spanish government started to mint a large silver coin that, through wide circulation, became known as the Spanish dollar, it was known as the peso of eight reales, or Piece of eight royals. Around the end of the 18th century, the Spanish dollar was in constant circulation in Eastern Canada and the United States; the value of the coin was highest in Halifax. Therefore, whenever the merchants of Prince Edward Island secured them, they sent them to Halifax to take advantage of the higher rate; the resulting shortage of money in PEI prompted the governor in 1813 to gather in all the Spanish dollars he could and have their centres punched out. Both the central plug and rims were stamped with a sunburst.
The punched centres passed as the outer rims as five-shilling pieces. The combined value of the mutilated coins was thereafter 20 percent greater in PEI than outside the island, so as a consequence, the coins became the official currency in PEI; when the colony of New South Wales was founded in 1788, it ran into the problem of a lack of coinage. Foreign coins – including British, Dutch and Portuguese – were common in its early years, but much of this coin left the colony by way of trade with visiting merchant ships. Barter was a necessity amongst the colonists, with the most popular, rum becoming an unofficial currency. One of the first attempts to restrict the practice was by Governor King, who on 19 November 1800 set an arbitrary price for foreign coinage, but there was never enough of it. To try and resolve the shortage, he requested the supply of sixpences to be used as shillings, but failed to get a hearing; the practice of using rum as a currency was prohibited by Governor Bligh in 1806 culminating in the overthrow of the government in the Rum Rebellion.
To overcome this shortage of coins, Governor Lachlan Macquarie took the initiative of using £10,000 in Spanish dollars sent by the British government to produce suitable coins in a similar manner to that described above. These coins to the value of 40,000 Spanish dollars came on 26 November 1812 on HMS Samarang from Madras, via the East India Company. With the shipment of currency were strict instructions to prevent the newly arrived coinage from leaving the country, so after consultation with the Judge Advocate and other officials, Governor Macquarie had a convicted forger named William Henshall cut the centres out of the coins and counter stamp them, thus making them useless outside the colony; the central plug was valued at 15 pence, was restruck with a new design, whilst the holey dollar received an overstamp around the hole. This distinguished the coins as belonging to the colony of New South Wales, creating the first official currency produced for circulation in NSW; the combined nominal value in NSW of the holey dollar and the dump was 6s 3d, or 25 percent more than the value of a Spanish dollar.
The project to convert the 40,000 Spanish coins took over a year to complete. Of the 40,000 Spanish dollars imported, 39,910 holey dollars and 39,910 dumps were made, with the balance assumed to have been spoiled during the conversion process. On 1 July 1813 Governor Macquarie issued a proclamation "that the said Silver Money shall be a legal Tender" and that set their value; the converted coins went into circulation in 1814. From 1822 the government began to replace them with sterling coinage. By the time the holey dollar was demonetised in 1829, most of the 40,000 coins in circulation had been exchanged for legal tender and melted down into bullion. Experts estimate that 1500 dumps remain; the rarity of the Australian holey dollar ensures that those in poor condition are valuable. There are many stories of holey dollars being found in unusual circumstances; the holey dollar is the logo for an Australian investment bank. Although not known as "holey dollars", several British colonies in the Caribbean used the same method for producing coins from Spanish dollars.
They include British Guiana, Grenada, Saint Vincent and Trinidad. The holed coins and plugs circulated alongside various other coins made by cutting Spanish and Spanish colonial coins into sections; these coinages were denominated worth nine pence. The Principality of Hutt River issued a commemorative $1 coin in 1977 to commemorate Queen Elizabeth II's Silver Jubilee. In 1978, another issue of the Hutt River Province Principality's $1 coins was issued; this has no commemorative inscription. These coins are known to numismatists as holey dollars as well. Dominican dollar Grenadan dollar Saint Vincent dollar Currency Museum of the Bank of Canada Holey dollar and dump, first distinct coinage of New South Wales, 1813 State Library of New South Wales Holey Dollar Story: Macquarie Bank Museum of Australian Currency: Currency Chaos Garry Wotherspoon. "Spanish dollar". Dicti
The Gibraltar pound is the currency of Gibraltar. It is pegged to – and exchangeable with – the British pound sterling at par value. Coins and banknotes of the Gibraltar pound are printed by the Government of Gibraltar; until 1872, the currency situation in Gibraltar was complicated, with a system based on the real being employed which encompassed British and Gibraltarian coins. From 1825, the real was tied to the pound at the rate of 1 Spanish dollar to 4 shillings 4 pence. In 1872, the Spanish currency became the sole legal tender in Gibraltar. In 1898, the Spanish–American War made the Spanish peseta drop alarmingly and the pound was introduced as the sole currency of Gibraltar in the form of British coins and banknotes. In 1898, the British pound was made sole legal tender, although the Spanish peseta continued in circulation until the Spanish Civil War. Since 1927, Gibraltar has issued its own banknotes and, since 1988, its own coins. Gibraltar decimalised in 1971 at the same time as the UK, replacing the system of 1 pound = 20 shillings = 240 pence with one of 1 pound = 100 pence.
The since repealed Currency Notes Act 1934, conferred on the Government of Gibraltar the right to print its own notes. Notes issued are either backed by Bank of England notes at a rate of one pound to one pound sterling, or can be backed by securities issued by the Government of Gibraltar. Although Gibraltar notes are denominated in "pounds sterling", they are not legal tender anywhere in the United Kingdom. Gibraltar's coins are the same weight and metal as British coins, although the designs are different, they are found in circulation across Britain. Under the Currency Notes Act 2011 the notes and coins issued by the Government of Gibraltar are legal tender and current coin within Gibraltar. British coins and Bank of England notes circulate in Gibraltar and are universally accepted and interchangeable with Gibraltarian issues. In 1988, coins in denominations of 1, 2, 5, 10, 20 and 50 pence and 1 pound were introduced which bore specific designs for and the name of Gibraltar, they were the same sizes and compositions as the corresponding British coins, with 2 pound coins introduced in 1999.
A new coin of 5 pounds was issued in 2010 with the inscription "Elizabeth II · Queen of Gibraltar". This issue caused controversy in Spain, where the title of King of Gibraltar corresponds to the crown of Castile; the £2 coin has featured a new design every year since its introduction, as it depicts each of the 12 Labours of Hercules. In 2004 the Government of Gibraltar minted a new edition of its coins to commemorate the tercentenary of British Gibraltar. At the outbreak of World War I, Gibraltar was forced to issue banknotes to prevent paying out sterling or gold; these notes were issued under emergency wartime legislation, Ordinance 10 of 1914. At first the typeset notes were signed by hand by Treasurer Greenwood, though he used stamps; the notes bore the embossed stamp of the Anglo-Egyptian Bank Ltd. and circulated alongside British Territory notes. The 1914 notes were issued in denominations of 2s, 10s, £1, £5 and £50; the 2s and £50 notes were not continued when a new series of notes was introduced in 1927.
The 10s note was replaced by the 50p coin during the process of decimalization. In 1975, £10 and £20 notes were introduced, followed by £50 in 1986; the £1 note was discontinued in 1988. In 1995, a new series of notes was introduced which, for the first time, bore the words "pounds sterling" rather than just "pounds"; the government of Gibraltar introduced a new series of banknotes beginning with the £10 and £50 notes issued on July 8, 2010. On May 11, 2011, the £5, £20 and £100 notes were issued. Economy of Gibraltar Currency board Christopher Ironside, OBE, coin designer: reverse design of the 25 New Pence coin, Barbary ape. Banknotes of Gibraltar: Catalog of Gibraltar Shillings and Pounds The current banknotes of Gibraltar