History of Namibian Banknotes
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The first design of the banknotes dates back to September 1993, when N$10, N$50 and N$100 banknotes were officially introduced. In 1996, the N$20 and N$200 notes were put into circulation. These latter two notes were of the same designs of the 1993 notes and contained a number of trademarked security features. The N$10, N$50 and N$100 dollar banknotes were subsequently upgraded to include the same features as the N$20 and N$200.
Security features found on the different denominations are standard. The only major differences on the older banknote series are that the N$100 has a silver foil patch and the N$200 banknote a gold foil patch, while the lower denominations have none. The security features ranges from Intaglio printing for the main features on the notes, a windowed security threat and a watermark of the main portrait.
A new family of banknotes have been issued by the bank in 2012. The main distinctive features of these notes are that the main portrait on the N$10,00 and N$20,00 are that of H.E. Dr. Sam Nujoma. The portrait of Kaptein Hendrik Witbooi remains the main theme on the N$50.00 N$100.00 and N$200.00 dollar notes. In addition to these dynamic designs, the security features of all denominations have been upgraded to include the most modern technologies like a securicoat, optical variation ink (OVI), Janus colour shifting window security thread. For more specific information regarding the security features on the particular denominations please refer to the video.