The Bank of Namibia (BoN) has launched a modified N$50 banknote.
Commercial banks received the new notes on Monday, which will be available to the public from Tuesday.
Deputy director for currency and banking at the BoN Cindy Fillipus says the printing of the new note is in compliance with set standards.
“This is to ensure the signature of the sitting governor is part of the notes for authentication purposes,” she says.
Fillipus says the N$50 note is in high demand as it is used in daily transactions.
The new note is signed by central bank governor Johannes !Gawaxab.
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