Costa Rica has become the latest country to issue new polymer banknotes. The notes will be manufactured by CCL Secure on Guardian substrate.
The Banco Central de Costa Rica (BCCR) announced the move at the end of July 2020, three years after the decision to move to polymer was first agreed by the Board of Directors.
Initially, new ₡ 2,000, ₡ 5,000 and ₡ 20,000 notes will be put into circulation, with a ₡ 10,000 bill to follow later.
In a statement, the BCCR said: “The polymer substrate gives the banknotes greater durability, makes them more secure, and allows adequate recycling of waste once it reaches its useful life.”