A new banknote of synthetic polymers with a face value of 20 pounds (25.9 US dollars), which depicts the British artist William Turner (1775-1851 years), was introduced into circulation in the UK.
Report informs citing TASS that it replaced the bill with the image of the English economist and publicist Adam Smith, who serves as the British Central Bank.
The new banknote became the third made in the United Kingdom from durable polymers, followed by a 5 lb (2016) portrait of Winston Churchill (1874-1965) and a 10 lb (2017) featuring writer Jane Austen (1775-1817 )
About 2 billion denominations of face value 20 pounds on a cotton basis continue to be in circulation. The new banknote, according to the Central Bank, is the most secure ever issued by the Bank of England, with two-color printing foil and a hologram. Turner is pictured against the backdrop of his painting, The Last Flight of the Fighting Temeraire, created in 1839.
The Bank decided to increase the production of banknotes from polymers of England in September 2015 after a three-year comparative analysis of the degree of protection of notes made of this material from the potential threat of counterfeiting.
The British Central Bank also plans to put into circulation new banknotes with a face value of 50 pounds (61.3 US dollars) depicting British mathematician, cryptographer, and founder of computer science Alan Turing (1912-1954).