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The international banknote society (IBNS) recognized Tenge as banknote of the year

The international banknote society (IBNS) recognizes Kazakhstan Tenge for banknote of the year for the second year running, reports the press service of the National Bank of Kazakhstan.

In May of this year ran the annual competition of the International Banknote Society in which the new design Kazakhstan 5000 Tenge was named "Best banknote of 2012." The IBNS, which selected Kazakhstan as a winner from nearly 100 new notes issued internationally in 2012, recognized the banknotes for their conception and design, their technical performance and level of security.

The IBNS is an independent association of collectors of banknotes from around the world. Each year they choose the banknote of the year through online voting on its website

This non-profit educational organisation aims to study paper money from around the world in educational, scientific and historical terms. Members of the society are experts from more than 90 countries. Today the society has more than 2000 members. The importance of this award is underlined by the fact that the selection of the winner is carried out by people who are not interested in promoting a particular banknote, and is based on design perception, print quality and approach to security and protection against forgery.

The 5000 Tenge banknote was issued on 30 December 2011. The design was created by banknote designers of the National Bank of the Republic of Kazakhstan. The banknote is printed at the Banknote Factory of the National Bank of Kazakhstan.

The design of the notes, as per the 2006 issue, is predominantly red in colour, but brighter and more saturated than previously. The obverse is in portrait format, with the reverse in landscape. The obverse features an image of the "Ќazaќ eli" monument which was opened on the eve of the tenth anniversary of Astana and embodies the independence of Kazakhstan. In the bottom right of the banknote are flying doves which symbolise peace and harmony. On the reverse side is an outline of the map of Kazakhstan; in the foreground is the top of the monument of independence, the building of "Kazakhstan" hotel, located in the city of Almaty, with the mountains of Trans-Ili Alatau in the background.

The design includes a wide range of advanced security features such as a security thread with demetallised images, depth and colourshifting effect and the security ink SPARK. This is as an image of the winged leopard that changes colour from green to gold according to the angle of inclination of the front side of the banknote.

On the reverse side of the banknote there are a number of security features: the holographic stripe with a picture of a flying bird and an apple. To protect banknotes against counterfeiting is a see-through feature whereby parts of the image appear in transmitted light to form a whole picture with the image parts from the front side.

The banknotes of Kazakhstan have previously been recognised with awards

In 2007, the new series of banknotes of the National Bank of the Republic of Kazakhstan won the prize for best new series of the year from the International Currency Association (IACA). In Bangkok, in 2007, the 10,000 Tenge was awarded first place in the categoery "Best new banknote" for the feature «Optiks» on the 10,000 Tenge.

In 2008, the security feature «SPARK» was recognised as the best innovation for the protection of banknotes for the 2008 5000 Tenge to mark the 15th anniversary of the Tenge.
In 2011, the commemorative 10,000 Tenge, on the 20th anniversary of Kazakhstan's independence, was also named "Best banknote of 2011" in International banknote society (IBNS) competition.

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