Wednesday, September 6, 2017

Fluorescent security elements of UAE Dirham

The UAE Dirham has been used since 1973. The Dirham notes are available in denominations of 5, 10, 20, 50, 100, 200, 500, and 1,000. The UAE Dirham is pegged to the U.S dollar.





1. 100-dirham Note


- Front : By irradiating with UV rays, fluorescent security fibers appear, and the red serial number changes to fluorescent orange. In addition, a falcon, the national symbol of the UAE, and '١٠٠' which represents the banknote turn fluorescent green.
- Back : Fluorescent security fibers are found across the note.


2. 500-dirham note


- Front : By irradiating with UV rays, fluorescent security fibers appear, and the red serial number changes to fluorescent orange. In addition, a falcon, the national symbol of the UAE, and '٥٠٠' which represents the banknote turn fluorescent green.
- Back : Fluorescent security fibers are found across the note.

3. 1,000-dirham note





- Front : By irradiating with UV rays, fluorescent security fibers appear, and the red serial number changes to fluorescent orange. In addition, a falcon, the national symbol of the UAE, and '١٠٠٠' which represents the banknote turn fluorescent green. The marks on both ends of the note become fluorescent. Fluorescent security fibers appear all over the note.
- Back : Fluorescent security fibers are found across the note.




<Color change of serial number under UV rays>

Wednesday, August 16, 2017

Fluorescence security features of Indian new 2,000 Rupee

With the currency reform at the end of 2016, India banned the circulation of old currency and started to issue new currency.



Let's take a look at the fluorescence security elements of a new 2,000 rupee note.




- Front : Under UV light, a part of the design turns fluorescent yellow-green, and the black serial number turns green. Fluorescence security fibers appear throughout the entire note. In the partially exposed silver line, "RBI 2000, RBI दो हज़ार रुपये" shows up in neon yellow-green.




- Back : Under UV light, some parts of the design turn fluorescent orange. Fluorescence security fibers appear throughout the entire note. In the back of the partially exposed silver line, a fluorescent yellow-green strip appears.

Friday, May 12, 2017

Currency reform of India

In November 2016, the Narendra Modi government launched a monetary reform with a goal of increasing tax revenue and promoting economic activities through the legalization of the underground economy. According to this unprecedented step, large bills, which have accounted for 86% of currency in circulation, were banned, and new bills were issued. In India, the volume of cash payment is very high at more than 80% while in the U.S. and the U.K. cash payment accounts for about 20~25%. Furthermore, India is very low in credit card ownership rates and just about 50% in bank account utilization rates. The prime Minister's currency reform brought some turmoil such as cash shortages, but this has settled since March 2017.

With his strong desire to put an end to corruption, in addition, he has earned great support from the Indian people, and his party (The Bharatiya Janata party: BJP) won a landslide victory in the March election. From October to December 2016, India was as high as 7% in economic growth rates. With great expectation of an increase in tax revenue and further economic growth, the funds in India have maintained high yields.

Thursday, May 11, 2017

The fluorescent security elements of Myanmar's commercial tax stamp.

Myanmar has commercial taxes that are imposed on the supply of goods/services or import of goods. They are similar to VAT or goods & services tax. In Myanmar, commercial taxes on sales for the prior month should be paid within ten days from the last day of the month. In addition, a commercial tax return should be filed within one month from the end of every quarter.



The receipt must have a commercial tax stamp on it. This can be bought from the tax office. To make the invoice or receipt issuable, a permit should be obtained from the tax authority.





UV rays were applied to the commercial tax stamp on the receipt issued by a coffee shop, using MP12t. Then, the fluorescent watermark and numbers appeared on the stamp. Since the receipt paper is not non-fluorescent, it turns blue when UV rays are applied.

Wednesday, May 10, 2017

The fluorescent security element of the tax label

The image below shows the bottle caps of whiskey distributed in Mandalay, Maynmar. The label on the whiskey bottles (issued by the Internal Revenue Department; IRD of Myanmar) proves that the product is authentic. If UV rays are applied to the label using MP12t, it turns blue, and its upper section partially turns fluorescent yellow green and a fluorescent yellow green star appears.




Under Myanmer's tax system, tax labeling is very important. Depending on the product type, price and law, different watermark, color and code labels will be applied.

Tuesday, February 28, 2017

Fluorescent security elements on the new bill of Turkey (Lira)

The monetary unit of Turkey is the lira. There are six types of bills: 5 lira, 10 lira, 20 lira, 50 lira, 100 lira, and 200 lira.

The front side of all bills has Mustafa Kemal Atatürk.

The rear side of 100 lira has musicians Buhurizade Mustafa Itri and Lutes. The rear side of 100 lira show the poet Yunus Emre and his Mausoleum.

While 100 lira and 200 lira have different designs, the fluorescent security elements are the same.

1. Front side : The fluorescent line appears on the left in middle when using UV light on it, and the number indicating the type of bill, appears on the portrait area of Atatürk. Fluorescent security fibers are printed on the entire bill.


2. Back side : The serial number changes from black to green when using UV light on it. An iridescent stripe, indicating the type of bill, and a fluorescent band appear in the center. Like the front side, fluorescent security fibers are printed on the entire bill.

The current bills, E-9 group, have been used since January 1, 2009. While up to 50 lira have been widely used, the 100 lira bill is the big money in Turkey, and 200 lira is hardly used. Caution is required because counterfeit bills for 50 lira and 100 lira have been found.

Thursday, February 16, 2017

Fluorescent security elements of the bill of Hungary(Forint)

The present currency was introduced from 1997 to 2001. The size of all bills is the same. Anti-forgery elements are significantly intensified as compared to previous currencies.


1. 500 Forints
Front side : The red serial number on the left bottom changes its color to fluorescent orange, and the fluorescent security element, hidden at the far left, appears when using UV light on it. A part of the design(person on a horse) in the center and at the right end of the bill shows a fluorescent reaction. Fluorescent security fibers are printed on the entire bill.


Back side : A part of the design in the center and the left end shows a fluorescent reaction. Fluorescent security fibers are printed on the entire bill.

2. 1,000 Forints
Front side : The black serial number on the left bottom changes its color to fluorescent yellow-green, and the fluorescent security element (crow holding a ring with its beak), hidden at the far left, appears when using UV light on it. Fluorescent security fibers are printed on the entire bill

Back side : Fluorescent security fibers are printed on the entire bill.
3. 5,000 Forints
Front side : The red serial number on the left bottom changes its color to fluorescent orange, and the fluorescent security element (Szecheny Landchid), hidden at the far left, appears when using UV light on it. A part of the design around the portrait of Szechenyi Istvan shows a fluorescent reaction. Fluorescent security fibers are printed on the entire bill.



Back side : A part of the design shows a fluorescent reaction. Fluorescent security fibers are printed on the entire bill.

4. 10,000 Forints
Front side : The fluorescent security element (Esztergorm), hidden at the far left, appears when using UV light on it. A part of a striped hologram changes its color to fluorescent yellow-green, and the black serial number at the far right changes its color to fluorescent yellow-green. Fluorescent security fibers and red dots reaction appear on the entire bill.


Back side : Fluorescent security fibers and red dots reaction appear on the entire bill.

5. 20,000 Forints
Front side : The black serial number on the bottom left and at the far right changes its color to fluorescent yellow-green when using UV light on it. The fluorescent security element(the number "20000", indicating the type of bill, and a strolling couple), hidden at the far left, appears. A part of a striped hologram changes its color to fluorescent yellow-green. The number "20000", indicating the type of bill, appears lengthwise right next to the portrait of Deak Ferenc. Fluorescent security fibers and red dots reaction appear on the entire bill.


Back side : Fluorescent security fibers and red dots reaction appear on the entire bill.