New Polish PLN 500 note to enter circulation

A new PLN 500 banknote will enter circulation in Poland on 10 February, the country’s central bank has said.

The new bill is a response to market demand and the rising costs of maintaining the central bank’s strategic reserves, according to the National Bank of Poland (NBP).

The note will feature an image of King Jan III Sobieski, who reigned from 1674 to 1696, to preserve the chronological continuity of the “Polish Rulers” series, the bank said.

The bank started working on the new note in November 2014.

Designed by Andrzej Heidrich and initiated in 1995, the “Polish Rulers” series includes Mieszko I (who ruled from c. 960 to 992 and is featured on the PLN 10 note), Boleslaus I the Brave (992-1025; PLN 20), Casimir III the Great (1333-1370; PLN 50), Ladislaus II Jagiełło (1386-1434; PLN 100), and Sigismund I (1506-1548; PLN 200).

All the notes are produced for the NBP by the Polish Security Printing Works in Warsaw.

Source: thenews.pl