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The first of the new NZ banknotes enters circulation from Monday

From rbnz.govt.nz

New $5 and $10 banknotes will be in public circulation from Monday, the first day that banks and retailers can dispense, the Reserve Bank said today. “Approximately 345,000 of the new Series 7 banknotes have been dispatched to banks to meet their orders. This compares with about 45,000,000 Series 6 $5 and $10 notes currently in circulation,” Head of Currency Brian Hayr said. Mr Hayr said that the public might not get to see a new note for some weeks. “This is because the Reserve Bank distributes banknotes only when it receives orders from banks. Orders for replacement of $5 and $10 notes come in less frequently than ... (full story)

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