$5000 note is released today

Dec 09, 2013 News

Guyana’s first $5000 note hits the streets today as circulation commences. The higher denomination note is intended to reduce the demand for other notes.

Backside of the new $5000 bill

The bill is expected to enhance the efficiency in payment systems and reduce the amount of cash being kept on a person. At the bill’s launch, Deputy Governor, Bank of Guyana Dr. Gobind Ganga asserted that the Bank will undoubtedly meet the seasonal increase and reduce the number of notes it would be required to process.
Finance Minister Ashni Singh pointed out that there is no need in today’s world, to be handling and retaining large volumes of cash.
The $5000 note measures 156mm x 65mm with the main colors on the back and front being magenta and green. The face side of the note carries the map of Guyana with its natural resources, while the reverse side depicts the National Bird; the Canje Pheasant and the Rainforest.
The note also bears several security features that are easily identifiable. When tilted, the color of the value shifts from magenta to green and the rolling bar moves up and down.
The bill bears the watermark of a macaw seen when held up to the light. The note also carries a two track thread with optically variable & metallic print properties among other features. It is now the highest note over the 1996 introduced $1000 bill.