Why is it necessary to develop a new series of banknotes?
Cash is still widely used in society, and cash will continue to be needed. To ensure that cash will remain a secure and efficient means of payment, Danmarks Nationalbank is preparing to issue a new series of banknotes. The new series of banknotes will have a completely new design and upgraded security features that are up to date and more secure.
How will citizens be involved in the process – will a competition be announced?
Danmarks Nationalbank has invited a number of educational institutions and museums in the cultural and natural sciences to contribute suggestions for motifs. Based on the proposals, Danmarks Nationalbank will establish several different cross-cutting themes, and during the first half of 2024, all citizens will have the opportunity to virtually voice their opinion on the motives. Then with the help of a number of external experts, Danmarks Nationalbank will decide which motifs will adorn the new banknotes.
The final design of the new banknotes will take inspiration from the received suggestions for motifs and input from citizens, as well as requirements for security features and options in the production process.
Will the current series of banknotes become invalid when a new series of banknotes is issued in 2028-2029?
Yes. The new banknote series, which is expected to be introduced in 2028-2029, will replace the existing series of banknotes featuring bridges and archaeological finds (2009 series). This means that there will be a period in which both the 2009 series and the new series are valid. However, after a certain date, which is yet to be decided, only banknotes in the new series will be legal tender, and the 2009 series will subsequently be invalid.
More information about this process will be communicated as the work with the new series of banknotes progresses and once the launch dates are known.
FAQs
Below you will find answers to the questions we most often receive in connection with older banknotes and the 1000-krone banknote from the current series no longer being legal tender.