UAE Issues New Dh500 Banknote; Circulation Starts Today
- Publish date: Thursday، 30 November 2023
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The UAE Central Bank recently introduced a new polymer Dh500 banknote slated for circulation from Thursday, November 30. The updated bill, retaining its iconic blue color for easy identification, was announced as part of the nation's ongoing efforts to enhance currency features.
Features and Design Highlights
This new banknote underscores the UAE's commitment to sustainable development and cultural landmarks. Its front showcases the Terra Sustainability Pavilion at Expo City Dubai, symbolizing the country's dedication to a sustainable future inspired by the legacy of Sheikh Zayed bin Sultan Al Nahyan. On the reverse, the design spotlights the Museum of the Future in Dubai, blending past and future while featuring iconic structures like the Emirates Towers and the renowned Burj Khalifa, a global icon of sustainability with its substantial reliance on solar power.
Emphasis on Sustainability and Security Measures
The decision to opt for polymer material signifies a strategic shift toward sustainability. The new banknote is now significantly more durable than conventional bills, ensuring longevity and decreased environmental impact due to its recyclability. Additionally, cutting-edge security features, such as the advanced KINEGRAM COLORS® technology, have been integrated to safeguard against counterfeiting attempts, marking a pioneering step in the Middle East's banking sector.
The UAE Central Bank's introduction of this new Dh500 banknote not only emphasizes sustainability but also bolsters security measures, reinforcing its commitment to innovation and resilience in the country's monetary framework.