Tuesday could Norges Bank to present the new banknotes, which for the first time in history, do not have portraits. The recurring theme for all the new banknotes in the series is now the sea, with two different designs on front and back.
Governor Øystein Olsen is very pleased with how the new notes look like.
– We were very enthusiastic when the suggestions came, and not least when our people came with advice about putting together two of the motifs to a whole with a front and a back, with a traditional, classic expressions at the front and more modern look on the back, ” says Olsen to E24.
– using almost no cash anymore
Professor of computer science Kai A. Olsen at the university College in Molde is not as pleased with the fact that the central bank now press up a whole new seddelserie.
– We’re not going to see snurten of the new banknotes. Already now, there are only four per cent say they mainly use cash, ” he says.
This mean people on the street about the new bank notes
– In 2020 we kontantfrie, because it is so good digital payment options. Using almost no cash anymore, and the more places you get to be either not used it, ” says the professor.
He believes the central bank is lagging far behind.
– Norges Bank is the stick to be conservative. Cash has been a big expense, and one must be allowed to say no to take cash. The government must demand that you take cards, ” he says.
– I see really no disadvantages to rid the us with cash, he adds.
(the case continues below the video from VGTV):
– Cash is still used
Governor Olsen explains why we need new notes now:
– the main Reason is the concern for security. The banknotes we use today are safe, there are very few fake notes in circulation, so it’s not a big problem today, but it is our task to ensure that it does not become a problem in the future.
the Cash disappears: Cash in the grocery trade has been halved in five years
– In the light of technological development, in light of the fact that other central banks introduce new security elements in their seddelrekker, so we have gone a significant step further with the making of the new notes that are even safer than the old. These banknotes will be secure for a long time now.
the Governor believes informatikkprofessoren wrong when he says we will not see snurten of the new notes.
– Cash is still used, and in a not insignificant extent, ” he says, and points to the fact that the sum of the cash in circulation is quite constant at 50 billion.
(the Article continues below the image.)
HAPPY: Governor Øystein Olsen to the front of the new banknotes.
– There is a huge amount. According to our estimates, happens 20 per cent of the transactions in the retail sector with the help of cash. Then you can add a variety of other payments as happens face-to-face around our vast country, where still the cash is applied.
– We hand out so much notes that there is a need for and sought from the audience.
Governor Olsen think the banknotes will be in use for a long, long time to come, but he acknowledges at the same time that in a total money supply which also includes electronic money, so goes the use of banknotes and cash down.
So much is the cost of the new bank notes
in Total, Norges Bank’s new seddelpark cost 70 million besides the cost per banknote.
(the case continues under the picture.)
REMEMBER? The previous series with Norwegian banknotes that were replaced, 50 kronesedler with the portrait of Asmund O. Vinje, 100-kronesedler with portrait of Camilla Collett, 500-kronesedler with the portrait of Edvard Grieg and 1000-kronesedler with portrait of Christian Magnus Grooves.
The external costs for the central bank benefits on the 50 million in the facilitation, design, production, and the like, and ca. 20 million in the launch, which will then be stretched over a period of three years.
In addition, pays Norges Bank about 55 cents per banknote of the denominations that will be released in 2017. That is an increase of approx. 20 per cent compared with the current costs. The increase is due to better security and that the bank notes will get a protective coating which will increase the service life by up to 50 per cent.
communications advisor Bård Ove Molberg in Norges Bank points out that it offers lower costs over time.
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