The Reserve Bank of has unveiled the new designs of New Zealand Bank notes, which is a significant change in design for the currency for the first time in 15 years. While the new designs feature the original well-known faces, flowers and birds they have a more vibrant colour contrast, bolder, bigger print and more sophisticated security features.
These security features include holographic features that will not only make the notes easier to verify but much harder to counterfeit. The transparent window that is existent in the old notes, is enlarged and given greater security in the way that it more complex to copy.
While the notes will also feature a greater amount of Te Reo Maori, they will still retain the same shape, size and have the same texture. The notes will cost the Reserve Bank around $80 Million to print and an additional $40 million to amp up the security around them.However the Reserve bank has commented that the new notes were a must in order to stay ahead of improving counterfeiting technology.