The Transnistrian Republican Bank (TRB) will issue new currency units that will be made of composite materials. The move is being done to commemorate the twentieth anniversary of the national currency. Plastic coins, depending on denomination, will have a different geometric shape and color. According to the press service of the TRB, the new money will combine best qualities of coins and banknotes - high wear resistance and a wide range of security features. The coins for Transnistria were developed in Russia.
"For the time being, this kind of money is not produced anywhere else in the world. This is an innovation not only for Transnistria, but also for the international banking community. The currency units were designed by our colleagues from the Russian Federation and we will be the first to use them," First Deputy Chairwoman of the TRB Olga Radulova said in an interview with the First Transnistrian Channel.
The move to waive the production of metal coins is indeed a unique event. Plastic banknotes are in use in many countries of the world (they were first made in Australia), but the coins made of composite materials will appear for the first time in Transnistria.
For protection against counterfeiting, the technology of their production involves the use of a special texture, contour elements, micro texts and specific reflection of light when exposed to ultraviolet and infrared glow.
Coins made of plastic will be introduced in circulation from 22 August 2014 and will have a parallel circulation with paper money of the same denomination.