Search: denomination

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RBA Glossary definition for denomination

denomination – The face value of a currency item: may be notes or coin.

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Data

18 Dec 2019 RDP 2019-12
Kim Nguyen and Anny Francis
The average number of submitted genuine banknotes per month was around 60 (compared to around 1,600 actual counterfeits), with the $50 denomination the most commonly submitted.
https://www.rba.gov.au/publications/rdp/2019/2019-12/data.html

Confidence in Australian Banknotes

1 Dec 2019 RDP 2019-12
Kim Nguyen and Anny Francis
The average number of submitted genuine banknotes per month was around 60 (compared to around 1,600 actual counterfeits), with the $50 denomination the most commonly submitted.
https://www.rba.gov.au/publications/rdp/2019/2019-12/full.html

Results: The Determinants of Confidence in Australian Banknotes

18 Dec 2019 RDP 2019-12
Kim Nguyen and Anny Francis
The problems being asked in the surveys include banknotes sticking together, being slippery and easy to drop, not being accepted into machines, tearing easily, and difficulty distinguishing between denominations.
https://www.rba.gov.au/publications/rdp/2019/2019-12/results-the-determinants-of-confidence-in-australian-banknotes.html