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Which was the worlds first country to have a complete system of banknotes made from plastic?
Wiki User
∙ 14y ago
Australia. The Reserve Bank of Australia (RBA) in conjunction with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) developed the first polymer bank notes which were issued as a trial in 1988. The trial was not especially successful and the process was refined.
The polymer $5 note was first issued in 1992.
The polymer $10 note was first issued in 1993.
The polymer $20 note was first issued in 1994.
The polymer $50 note was first issued in 1995.
The polymer $100 note was first issued in 1996.
By the end of 1996, all of Australia's circulating bank notes were of the new polymer type and the old paper notes were progressively withdrawn.
Wiki User
∙ 14y ago
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