Ro.7 Posted April 17, 2007 Report Share Posted April 17, 2007 News from Africa................ I collect egypt, too 17/04/2007| EGYPTIn 2007 the Central Bank of Egypt is planning to widen the line of the existing banknotes by introducing two bigger denominations. The banknote in the denomination of 200 Egyptian Pounds is to be issued in March, and the 500 Pound banknote will be issued by the 23rd of June, the country’s Independence Day. The Egyptians’ attitude towards the innovations of the kind is ambiguous. Some economists say that this decision is not the evidence of the economy consolidation in the country, but on the contrary, is caused by inflation. Besides, it may involve the thread on the part of counterfeiters and other fraud with the exchange of the Egyptian currency on the “black market” in neighboring countries, particularly during the Muslims’ Hajj. Others believe, however, that the introduction of the larger denominations will simplify interbank operations and large transactions. Link to comment Share on other sites More sharing options...
Owen Linzmayer Posted April 17, 2007 Report Share Posted April 17, 2007 So has anyone heard if Egypt actually released the 200 pound note in March as originally planned? I haven't heard anything more about this denomination since it was originally announced. Info and scans of same would be greatly appreciated. Link to comment Share on other sites More sharing options...
Ro.7 Posted April 17, 2007 Author Report Share Posted April 17, 2007 On weekend many dealers had photos of the 200er's in Valkenburg. Link to comment Share on other sites More sharing options...
Owen Linzmayer Posted April 17, 2007 Report Share Posted April 17, 2007 On weekend many dealers had photos of the 200er's in Valkenburg. Did anyone actually have the notes in hand, or know if the notes have actually been issued? Link to comment Share on other sites More sharing options...
Ro.7 Posted May 1, 2007 Author Report Share Posted May 1, 2007 we have to wait Link to comment Share on other sites More sharing options...
Ro.7 Posted May 6, 2007 Author Report Share Posted May 6, 2007 I think it´s a nice Banknote http://cgi.ebay.com/New-Egypt-200-pounds-H...VQQcmdZViewItem Link to comment Share on other sites More sharing options...
De Orc Posted May 6, 2007 Report Share Posted May 6, 2007 I like that design Link to comment Share on other sites More sharing options...
Owen Linzmayer Posted May 10, 2007 Report Share Posted May 10, 2007 FYI, I have received a high-res scan of the note and posted it on my web site, along with the following description: 200 pounds (US$35), 2007/4/3. Issued May 7, 2007. The Mosque of Qani Bay 908 H (1503), scribe wmk along with electrotype denomination, signature 21b (Farouk El Okdah, Governor), 1.5-mm solid security thread, 3-mm windowed security thread, Omron rings, OVI circle in upper left, 200 as latent image and registration device. The Seated Scribe 5th Dynasty on back. 175 x 80 mm. Link to comment Share on other sites More sharing options...
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