What does polymer banknote mean?

Definitions for polymer banknote
po·ly·mer ban·knote

This dictionary definitions page includes all the possible meanings, example usage and translations of the word polymer banknote.


  1. Polymer banknote

    Polymer banknotes are banknotes made from a synthetic polymer such as biaxially oriented polypropylene (BOPP). Such notes incorporate many security features not available in paper banknotes, including the use of metameric inks. Polymer banknotes last significantly longer than paper notes, causing a decrease in environmental impact and a reduced cost of production and replacement. Modern polymer banknotes were first developed by the Reserve Bank of Australia (RBA), Commonwealth Scientific and Industrial Research Organisation (CSIRO) and The University of Melbourne. They were first issued as currency in Australia during 1988 (coinciding with Australia's bicentennial year); by 1996, the Australian dollar was switched completely to polymer banknotes. Romania was the first country in Europe to issue a plastic note in 1999 and became the third country after Australia and New Zealand to fully convert to polymer by 2003. Other currencies that have been switched completely to polymer banknotes include: the Vietnamese đồng (2006) although this is only applied to banknotes with denominations above 5,000 đồng, the Brunei dollar (2006), the Nigerian Naira (2007), the Papua New Guinean kina (2008), the Canadian dollar (2013), the Maldivian rufiyaa (2017), the Mauritanian ouguiya (2017), the Nicaraguan córdoba (2017), the Vanuatu vatu (2017), the Eastern Caribbean dollar (2019), the sterling (2021) and the Barbadian dollar (2022). Several countries have now introduced polymer banknotes into commemorative or general circulation, including: Nigeria, Cape Verde, Chile, The Gambia, Trinidad and Tobago, Vietnam, Mexico, Singapore, Malaysia, Botswana, São Tomé and Príncipe, North Macedonia, the Russian Federation, Solomon Islands, Samoa, Morocco, Albania, Sri Lanka, Hong Kong, Israel, China, Taiwan, Kuwait, Mozambique, Saudi Arabia, Isle of Man, Guatemala, Haiti, Libya, Mauritius, Costa Rica, Honduras, Angola, Namibia, Lebanon, the Philippines, and Egypt.

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  1. Chaldean Numerology

    The numerical value of polymer banknote in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of polymer banknote in Pythagorean Numerology is: 6


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"polymer banknote." Definitions.net. STANDS4 LLC, 2023. Web. 10 Jun 2023. <https://www.definitions.net/definition/polymer+banknote>.

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