this post was submitted on 11 Jul 2023
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Why do we need new designs, exactly? Never mind that I rarely look at my money closely enough to care all that much what it looks like.
I'm assuming they are updating the security features to make them as counterfeit-proof as possible. Giving them a new design makes it easier to tell the old ones and the new ones apart.
That would be an explanation I could accept. Would be nice if Mme Lagarde said anything to that effect in the video.
I have to admit that I didn't watch the whole video, I just assumed based on the last redesign. But I looked into it and apparently there are several reasons besides security reasons, among them making the banknotes more sustainable and environmentally friendly.