Uganda’s 50,000 shilling note wins global accolade
The International Bank Note Society has announced Uganda’s 50,000-shilling note the Bank Note of 2010. The award was decided by a popular vote of IBNS members.
By John Odyek
The International Bank Note Society has announced Uganda’s 50,000-shilling note the Bank Note of 2010. The award was decided by a popular vote of IBNS members.
The vote is a positive development for the shilling, which has been heavily battered by the dollar and other foreign currencies in past five or so weeks.
The note beat other 13 notes to the accolade in a vote that started in February on the IBNS website, www.theibns.org. The other notes were from Denmark, Mexico, Gibraltar, Syria, Kazakhstan, Oman, Tajikistan, Laos, Vanuatu, Costa Rica and Hong Kong.
The IBNS said the Uganda’s 50,000-shilling note won because of the strong design element consistent with the series. The note was part of a series of six notes introduced in May 2010.
“These elements include the watermark of the head of a Crested Crane and an outline of the map of Uganda highlighting the equator.†The back of the note is dominated by illustrations of the silverback mountain gorillas.
“Apart from the gorillas, there is good use of colour, particularly brown, and the golden highlights, which capture attention. Strong images, well depicted, add to the quality design of the note. The good use of security features for a high-denomination note enhances the overall effect,†the IBNS observed.
Army MP Gen. Elly Tumwine was part of the team that designed the latest bank notes.
The International Bank Note Society has announced Uganda’s 50,000-shilling note the Bank Note of 2010. The award was decided by a popular vote of IBNS members.
The vote is a positive development for the shilling, which has been heavily battered by the dollar and other foreign currencies in past five or so weeks.
The note beat other 13 notes to the accolade in a vote that started in February on the IBNS website, www.theibns.org. The other notes were from Denmark, Mexico, Gibraltar, Syria, Kazakhstan, Oman, Tajikistan, Laos, Vanuatu, Costa Rica and Hong Kong.
The IBNS said the Uganda’s 50,000-shilling note won because of the strong design element consistent with the series. The note was part of a series of six notes introduced in May 2010.
“These elements include the watermark of the head of a Crested Crane and an outline of the map of Uganda highlighting the equator.†The back of the note is dominated by illustrations of the silverback mountain gorillas.
“Apart from the gorillas, there is good use of colour, particularly brown, and the golden highlights, which capture attention. Strong images, well depicted, add to the quality design of the note. The good use of security features for a high-denomination note enhances the overall effect,†the IBNS observed.
Army MP Gen. Elly Tumwine was part of the team that designed the latest bank notes.