In addition to the regional banknote award, a Special Achievement Award was made to Colombia’s central bank, Banco de la República de Colombia, for the successful and innovative introduction of its 100,000 pesos banknote.

In 2016, the bank will be issuing a new family of banknotes, featuring six denominations. With an increase in income and minimum wage in the country, the bank has introduced a 100,000 pesos banknote for the first time to meet demand for higher denominations.

The 100,000 pesos was launched in March 2016, the first note in the new series. This features an image of President Carlos Lleras Restrepo as well as the Quindio Cocora Valley and the country’s national tree, the palm wax.

The launch of the banknote was supported by an extensive public communications campaign, with the bank providing training materials, videos, audio message and multimedia presentations.

The campaign also included the introduction of an application for smartphones and tablet devices which uses five actions (look, touch, lift, turn and check) to help the public recognise the security features implemented in the notes.

The bank is also providing a series of training programmes, in particular for those who are visually impaired.

The remaining denominations ($20,000, $50,000, $10,000, $5,000 and $2,000 will be released throughout 2016). The series continues the concept of biodiversity shown in the family of coins which began circulating in 2012, while highlighting a group of cultural elements and geographical landscapes, which symbolise wealth, Colombian variety and creativity.