Azerbaijan Fights Forgery of Banknotes Using Advanced Security Features
2019-04-24 Wed
Azerbaijan has introduced several new security features for their banknotes to control illegal counterfeiting activities. Nano and micro technologies have been incorporated in banknote designs to meet international security standards. New 10-manat banknotes with improved security features were introduced on 18th March 2019. The basic design elements for these notes have been retained.Banknotes in Azerbaijan are generally duplicated using scanners, colour printers and computers. However, when these notes are held against an ultraviolet light source, none of the special elements glows. Sometimes, different parts of real notes are also used to produce fake notes. A portion of real note is connected with a fake one as well at times. As per experts, almost 34 per cent of all forged banknotes were one manat banknotes. 29 per cent, 13 per cent, 11 per cent, 7 per cent, 6 per cent and 0 per cent of forged banknotes were 5-manat, 20-manat, 100-manat, 10-manat, 50-manat and 200-manat banknotes, respectively. 1,322, 1,226 and 275 banknotes were withdrawn from circulation in 2017, 2018 and in the first quarter of 2019, respectively.
Image Courtesy: Google Images
Latest News
-
Demetrios I Bronze Coin, 8.32g, Sold For INR 26,000
2024-07-25 ThuDemetrius I Anicetus was a Greco-Bactrian and later Indo-Greek king who ruled regions from Bactria t...
-
Bharat Ratna - Gulzarilal Nanda
2024-07-24 WedOn 24th July 1997, the Twice Interim Prime Minister Gulzarilal Nanda received the highest civilian a...
-
Birth Anniversary of Lokmanya Tilak
2024-07-23 Tue“Swaraj is my birthright, and I shall have it”<br><br> Bal Gangadhar Tilak was born On This Day...
-
Gupta Emperor Chandragupta II, 'Archer type', Gold Heavy Dinar Sold For INR 1,10,000.
2024-07-19 FriChandragupta II, also known as Vikramaditya, was one of the most powerful rulers of the Gupta Empire...
-
King George VI Silver Rupee Minted at Bombay Sold For INR 5,25,00
2024-07-18 ThuGeorge VI was Emperor of the British Empire from December 11, 1936, until he died in 1952. The Briti...