BCV Launches New 1,000 and 2,000$00 Notes

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BCV Launches New 1,000 and 2,000$00 Notes
BCV Launches New 1,000 and 2,000$00 Notes

Africa-Press – Cape verde. The Bank of Cabo Verde (BCV) announced today that it will put into circulation new 1,000 and 2,000 banknotes that are safer and feature innovative details, and whose denominations remain aligned with the characteristics of the 2014 family of banknotes.

In a statement, the BCV explains that the design of the notes will remain similar, with the 1,000 escudo note remembering the late composer and performer of funaná Codé di Dona, and the 2,000 note paying homage to Cesária Évora, the “Barefoot Diva”, considered an ambassador of morna.

The new notes arise from the central bank’s decision to reinforce the stock of the 2014 family of notes in circulation and to improve some features, “aiming to incorporate technological advances that provide greater security and durability, and that facilitate recognition of integrity when handled by the public”.

According to the same source, the new 1,000 and 2,000 escudo notes, which will be distributed to the public through credit institutions, will circulate at the same time as the current notes, meaning that both have “liberatory power” and must be accepted as a means of payment.

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