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Sunday, 13 September 2020

1478) New Polymer Banknotes, Egypt: 10 and 20 Egyptian Pounds Polymer Banknotes being issued by the Central Bank of Egypt starting from 2021:

1478) New Polymer Banknotes, Egypt: 10 and 20 Egyptian Pounds Polymer Banknotes being issued by the Central Bank of Egypt starting from 2021:

The Central Bank of Egypt is bringing out Egyptian Pound Banknotes on Polymer commencing from 2021.


The Back of the two denominations 10 and 20 Egyptian Pounds Banknotes placed against a background image of the New Administrative Capital (NAC)

Initially, 10 Egyptian Pounds and 20 Egyptian Pound Banknotes are slated to be printed.

The new Banknotes will be transitioning onto a new polymer material, as these denominations endure frequent use. These Banknotes will be issued after the government moves its headquarters to Egypt's New Administrative Capital (NAC), about 25 kilometres East of Cairo.

The NAC project was conceived in 2014, approved in 2015 and commenced in 2017.

Why Polymer Banknotes ?

The Central Bank has submitted that Polymer Banknotes reportedly last about 2.5 times longer than paper banknotes, although they take longer to bio-degrade.

Also, at the end of the life cycle of paper banknotes, they are routinely shredded and transported to a landfill. However, polymer banknotes that are withdrawn from circulation are processed into small granules and are used to manufacture everyday plastic consumer goods. 

Polymer substrate banknotes have been in use as circulation-type banknotes since 1988, when the Reserve Bank of Australia issued the world's first commemorative $10 Banknote.

The Polymer Banknotes - 10 and 20 Egyptian Pounds:

 The new Central Bank facility in the NAC, where the polymer Banknotes will be printed



The Front and Back of the 10 Egyptian Pounds Banknote shown together



On the Front of the 10 Egyptian Pounds Banknote would feature the Al Rifa'i Mosque, which is located in Midan al-Qal'a, adjacent to the Cairo Citadel.

Now, it is also the Royal Mausoleum of Muhammad Ali's family.

The building  is located opposite the Mosque-Madrassa of Sultan Hassan, which dates from around 1361 and was architecturally conceived as a complement to the older structure.

This was part of a vast campaign by the 19th Century rulers of Egypt to both associate themselves with the perceived glory of the earlier periods in Egypt's Islamic history and modernise the city. The Al-Rifa'i Mosque was constructed in two phases between 1869 and 1912 , when it was finally completed.



The Back of the 10 Egyptian Pounds Banknote would feature Khafra who was an ancient Egyptian King (Pharaoh) of the 4th Dynasty during the Old Kingdom. He was the son of Khufu and the throne successor of Djedefre.

Khafra was the builder of the second largest pyramid of Giza. The Great Sphinx was built around 2,500 BC for Khafra.

The Dimensions of this Banknote will be 150.0 mm x 70.0 mm and its Colour is predominantly Pink.



The Front and Back of the 20 Pounds Banknote shown together



The Front of the 20 Egyptian Pounds Banknote would feature the Great Mosque of Muhammad Ali Pasha or the Alabaster Mosque.

This mosque is situated in the Citadel of Cairo in Egypt and was commissioned by Muhammad Ali Pasha between 1830 and 1848 in the memory of his son Tusun Pasha, who passed away in 1816.

This Ottoman mosque, the largest built in the first half of the 19th Century is, with its animated silhouette and twin minarets, the most visible mosque in Cairo.



The Back of the 20 Egyptian Pounds Banknote would depict a Pharaonic war chariot and frieze from the chapel of Sesostris I, who was the second pharaoh of the Twelfth Dynasty of Egypt. He ruled from 1971 BC to 1926 BC) and was one of the most powerful kings of this Dynasty. 

Chariots were the backbone of the Egyptian Army. The Charioteers came from the upper classes in Egypt. Chariots were used to throw projectile weapons and were generally drawn by two horses. Weapons like shields, bows and arrows, javelins etc were carried on the chariots, which also had infantry support.












Some other interesting links to posts on this blog on Currencies of the Middle-East:



5) i) A 50 Jordanian Dinar Banknote from the Hashemite Kingdom of Jordan ii) Other Banknotes from the 4th Series of Banknote issues from the Central Bank of Jordan






Birds of Israel Coin Series:


Other interesting posts from Israel:
2) Centenary of the Battle of Haifa, Israel: Eretz, fought in September 2018 by the Indian cavalry comprising Jodhpur and Mysore Lancers against German and Turkish troops: A commemorative stamp brought out by Israel Post on 06.02.2018:

3) Butterflies of Israel: A Series of Eight Coins issued by the Israel Coins and Medals Corporation (ICMC), minted by the Holy Land Mint (2018)





17) Transportation in Israel: A compilation of 24 Stamps depicting various modes of transport, issued in this Stamp Sheet released by Israel Post: Stamp Set issue date: 26.06.2020

"Views of Jerusalem" Gold and Silver Bullion Coin Series:

2) The City of David: Fourth Coin in the Gold and Silver Bullion Coin Series issued by ICMC, Israel & the Holy Land Mint, Israel (2019)


3) The Western Wall, Israel: Sixth Coin in the "Views of Jerusalem" Coin Series: Gold and Silver Bullion Coins minted by the Israel Coins & Medals Corporation (ICMC) Ltd: Year of Coins issue: 2020

"Ancient Cities of the Holy Land Gold and Silver Bullion Coin Series":

1) Old Jaffa, Israel: The "Ancient Cities of the Holy Land" Gold & Silver Bullion Coin Series minted by the Israel Coinsand Medals Corporation (ICMC) through the Holy Land Mint: Date of issue: 01.03.2020


For some other interesting posts from Italy/The Vatican, please visit the following links:


Some other interesting posts from the African Continent on this blog:







15) Archosauria (The Rise of the Dinosaurs): "Natura series" of Five Gold Coins from the "Palaeontology Collection": A set of Gold Coins brought out by the South african Mint in 2018

16) New Circulation coins Series, Kenya: introduced by the Central Bank of Kenya on 11.12.2018


17) Sudan: A 100 Pounds Banknote being issued by the Central Bank of Sudan by End February 2019


18) Algeria: i) Introduction of two new denominations of 500 and 1,000 Algerian Dinars (AD), which will kick-start the new "Fifth Series of Algerian Dinar Banknotes" ii) A 100 Algerian Dinar tri-metallic coin which wil replace the 100 Dinar circulating Banknote of the same denomination

19) South Africa: "The Big Five Silver Coin Series": 1) First Coin in the Series brought out by the South African Mint features the African Elephant on a Five Rand Coin as the first variant issued in 02/2019: 2) Later Coin issues will feature the Lion, Leopard, Rhinoceros and the Buffalo


20) 25 Years of Constitutional Democracy in South africa (SA25): Celebrating the milestone with the issue of six circulation coins (R2 five  coins & R5 one Coin) and three Commemorative Coins (Gold R500, Sterling Silver R50 & Bronze Alloy R50) issued by the South African Reserve Bank (SARB) in partnership with the South African Mint: Coin release dats: 04/2019 & 05/2019

21) Dr. Tawhida Ben Chiekh (1910-2010), Tunisia: A new 10 Dinar Banknote issued by the "Banque Centrale de Tunisie" (Central Bank of Tunisia) honouring the pioneering doctor, who replaces Dido (Queen Elissa), the founder & first Queen of Carthage on the 10 Dinar Banknote: Date of Banknote issue: 27.03.2020



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