🛠️ Invention or technique

Polymer banknote

Billete de polímero

Date
1988 · confidence high
Place
Note Printing Australia, Craigieburn, Melbourne, Victoria, Australia
Credited to
Reserve Bank of Australia and CSIRO
Field
Matter & energy

What it is

A banknote made of biaxially oriented polypropylene with a transparent window and other security features that are hard to forge. It lasts several times longer than paper notes and is now used by dozens of countries.

The project began in 1968 after a wave of forgeries; the first note was the commemorative 10-dollar note of 1988.

What it led to

  • plastic banknotes in the United Kingdom, Canada and other countries
  • reduced counterfeiting

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