April 1, 2023

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Central Bank: 50 dirham banknote is in official circulation

Central Bank: 50 dirham banknote is in official circulation

Abu Dhabi (Etihad)

The Central Bank of the United Arab Emirates has declared the 50-dirham banknote made of polymer as the official currency and is currently in circulation with the rupee note in circulation of the same denomination.
The central bank said 50 notes had been distributed to banks and exchange centers across the country.
The Emirates Central Bank recently introduced the new 50 dirham note to mark the 50th Union Day, commemorating the exploits of the late founder Sheikh Saeed bin Sultan Al Nahyan and the first generation of rulers. The United Arab Emirates should historically unite the state under one banner “May God bless them all” and be faithful to their commitment and their role. Polymer banknotes are more durable and durable than traditional banknotes, two or more times longer than their cotton counterparts, and they can be fully recycled, thus contributing to efforts to reduce the environmental footprint.
The aesthetic qualities of this edition appear in the unique design of the banknote in various purple colors, in the form of the state’s visual media identity in blue in the middle with a combination of “fluorescent marks” and advanced used graphs and inscriptions. intaglio printing techniques.
In this issue, Emirates Central Bank is keen to maintain its permanent approach by adding key symbols in Braille to enable both visually and visually impaired customers to identify the value of the rupee note.
The new 50 dirham rupee note has advanced security features as it relies on advanced technologies to enhance customer confidence and combat counterfeit notes.

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