The note was launched as part of Year of the 50th celebrations
Abu Dhabi: The new Dh50 polymer banknote is an official currency, the UAE Central Bank said on Thursday.
The banknote, released as part of UAE’s Year of the 50th celebrations, has been distributed to banks and exchange houses, the regulator said.
The new banknote is made of polymer, which other central banks have found to be longer-lasting and more environmentally-friendly than paper banknotes. The design of this new banknote contains distinctive aesthetic characteristics, with different shades of violet, fluorescent blue marks of the UAE nation brand in the centre, and drawings and inscriptions created using advanced intaglio printing techniques. The note also has markings in Braille and has more security features than the regular notes.
Paper banknotes, at the end of their lifecycle, are shredded and placed in a landfill. Polymer notes are shredded, granulated, and reused in manufacturing everyday plastic materials.
Sign up for the Daily Briefing
Get the latest news and updates straight to your inbox