The latest Banknote of the Year awards are from International Association of Currency Affairs, an international organization composed of central banks, government and private printers and mints, cash management companies, and suppliers. At its Annual Currency Congress held in Vancouver from May 10 to 13, the Central Bank of Kuwait’s new notes were awarded IACA’s Best New Banknote Series for 2014.

Designs are judged based on five criteria: the innovation of the design and security features, uniqueness, relevance of the historical or local content, aesthetic appeal, and the integration of security features with graphic design. The notes were printed by De la Rue and, according to its press release, celebrate Kuwait’s unique history, heritage, and economic success. The notes are described by the Central Bank as representing ”Security and Elegance.”

The six denominations (¼, ½, 1, 5, 10, and 20 Kuwaiti dinars) of the new currency feature the landmarks of the State of Kuwait and its political and economic milestones. They have a vibrant design, each one capturing a different aspect of Kuwait culture — such as sea and land life, democracy, and Islamic history. 

Additionally, the needs of the visually impaired have been considered through the use of raised print which helps distinguish each note’s value. Security features include watermarks, raised ink, and features that can only be seen under ultraviolet light. In addition, the notes have what De la Rue calls a Spectrum printed feature, which shows different shapes when tilted; a StarBright color-changing security thread; and optically variable SPARK Orbital ink. 

The three highest denominations also have the rings of the Eurion Constellation to deter computer manipulation.

Keep reading about paper money:

Auto mechanic’s valuable error Chinese note draws attention years after discovery

Bank of Scotland joins parade to issue polymer notes; special note planned

More from CoinWorld.com:

2015 Special Silver Set ‘Currently Unavailable from the United States Mint

Donald G. Patrick Collection auctions postponed at consignor’s request

Collector discovers new variety for 1896 Indian Head cents

How one group is putting $100,000 in dollar and half dollar coins in circulation

United States Mint announces sellouts of four 2014 Presidential $1 Coin and Medal Sets

Keep up with all of CoinWorld.com's news and insights by signing up for our free eNewsletters, liking us on Facebook, and following us on Twitter. We're also on Instagram!