BoN launches modified N.dollar 50 banknote

NAMPA
2025-05-12
WINDHOEK, 31 March 2025 - Governor of the Bank of Namibia, Johannes !Gawaxab (Photo: Contributed)
WINDHOEK, 31 March 2025 - Governor of the Bank of Namibia, Johannes !Gawaxab (Photo: Contributed)
WINDHOEK, 12 MAY (NAMPA) – Governor of the Bank of Namibia, Johannes !Gawaxab, on Monday unveiled the modified N.dollar 50 banknote in Windhoek.
Local banks were given the new note on Monday, and will be in circulation as of Tuesday.
The current N.dollar 50 note remains legal tender.
In his keynote address, the governor said there has been a 10.7 per cent decline in counterfeit banknotes from 2023.
“This development calls attention to the effi...
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