How Are Banknotes Crafted to Secure Your Transactions and Combat Counterfeiting?

Lifecycle and Replacement

The lifecycle of a banknote involves prolonged use, during which notes may become damaged or excessively worn. Central banks monitor the condition of circulating notes and regularly withdraw those that are too worn or damaged. It is essential to replace old notes with new ones to maintain the integrity of the currency and ensure that people can continue to transact effectively.