New AED 50 polymer banknote can be used as currency

istock

The Central Bank of the United Arab Emirates (CBUAE) has announced that the new AED50 polymer banknote is an official currency and can be used alongside the paper banknote of the same value, currently in circulation.

The new polymer banknote has been distributed to banks and exchange houses, according a CBUAE statement.

This Polymer banknote was created to commemorate the UAE's Golden Jubilee, and honour the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, and the first generation of rulers of the Emirates, and their dedication and historical role in uniting the country.

Many central banks have found polymer banknotes to be longer-lasting and more environmentally-friendly than paper banknotes. The design of this new banknote contains distinctive aesthetic characteristics, with different shades of violet, fluorescent blue marks of the UAE national brand in the centre, and drawings and inscriptions created using advanced intaglio printing techniques. Prominent Braille symbols are also included to help the blind and visually-impaired users to identify the banknote’s value.

Polymer banknotes can contain many more security features than paper banknotes.

More from UAE

  • Dubai Metro faces service disruption

    Replacement buses were in operation on Wednesday morning between Al Khail station and UAE exchange station as a service disruption affected Dubai Metro, Dubai's Roads and Transport Authority (RTA) confirmed.

  • UAE President stresses need for immediate Gaza action

    President His Highness Sheikh Mohamed bin Zayed Al Nahyan has stressed the need for immediate action to establish a ceasefire in Gaza, during a call with the President of the Council of the European Union, Charles Michel.

  • UAE breaks ground on Bali mangrove centre

    The UAE has pledged AED 36.7 million for the opening of the Mohamed bin Zayed-Joko Widodo International Mangrove Research Centre in Indonesia, to nurture mangrove ecosystems and tackle global climate change.

  • UAE President receives Global Humanitarian Personality Award

    The UAE's President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday welcomed a delegation from the Parliamentary Assembly of the Mediterranean, which presented him with the Global Humanitarian Personality Award.