UAE wins award for Dh1,000 banknote

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Consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis.” byline=”staff reporter” caption=”The new Dh1,000 banknote in the UAE.” credits=”UAE Central Bank”]

UAE wins award for Dh1,000 banknote

The UAE has won an international award for its new Dh1,000 banknote.

The Best New Banknote award was given to the UAE Central Bank at the Banknote and ID Document of the Year Awards in Abu Dhabi.

The UAE’s Dh1,000 banknote won for its unique design, technical characteristics and innovative security features.

The UAE Central Bank unveiled the new Dh1,000 currency note last year as part of the country’s 51st National Day celebrations.

The banknote became available in Central Bank branches and ATMs in the first half of 2023, while the current Dh1,000 note will continue to be in circulation.

The new Dh1,000 banknote is made of polymer material and has three-dimensional designs.

The front of the banknote depicts the image of the late Sheikh Zayed bin Sultan Al Nahyan next to a model of a space shuttle.

Technologically, the banknote has advanced security features, and uses multi-coloured KINEGRAM for counterfeiting prevention and authenticity verification. ICA/Expat Media


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