UAE Releases New Dh500 Banknote, Enters Circulation Today
The new Dh500 polymer notes will hit circulation on Thursday, November 30, according to a recent announcement from the UAE Central Bank.
The purpose of sticking with the well-known blue color is to make it easier to spot.
A new polymer Dh500 banknote was unveiled by the UAE Central Bank
The front side of the banknote prominently features the Terra Sustainability Pavilion, a striking architectural marvel located in Expo City, Dubai. This image symbolizes the UAE's steadfast commitment to a sustainable future, in line with the visionary principles of the late Sheikh Zayed bin Sultan Al Nahyan.
Bridging Past and Future
On the reverse side, the banknote showcases the Museum of the Future in Dubai, serving as both an architectural and engineering marvel. This design choice seeks to bridge the historical and futuristic elements of the UAE's identity.
Additionally, iconic landmarks such as Emirates Towers and the Burj Khalifa adorn the reverse side. The Burj Khalifa, standing at 828 meters with over 160 floors, represents a global symbol of sustainability, harnessing solar power for a significant portion of its energy needs.
Polymer Material for Sustainability
In a strategic move towards sustainability, the UAE Central Bank opted for a polymer material for the new banknote. This decision enhances durability, making the banknote two or more times longer-lasting than its traditional counterparts. Furthermore, the polymer material is fully recyclable, contributing to a reduction in environmental impact.
Advanced security features
Among the new Dh500 banknote's high-tech security features is the use of KINEGRAM COLORS® technology. With its multicolored security chip, the United Arab Emirates is pioneering the use of the largest foil strip of its type on banknotes in the Middle East. With these safeguards in place, the United Arab Emirates is now leading the charge against counterfeiting in the MENA region, following in the footsteps of the recently introduced Dh1000 notes.
This initiative aligns with the UAE's ongoing commitment to technological advancements, sustainability, and the integration of cultural and developmental landmarks into the nation's currency.