What It Takes To Print Polymer SGD 2 Dollar Notes

printing-money

Source: CNA – MAS issues “good-as-new” S$2 notes to reduce wastage

Notable Excerpts:

MAS prints and issues 100 million $2 polymer notes to the banks each Lunar New Year, in response to the tradition of giving brand new notes as ‘hong bao’.

However, only about half of the new $2 notes issued are required to meet normal circulation demand.

MAS accumulates and destroys excess $2 polymer notes before the end of their lifespan.

Printing the excess 50 million $2 notes uses more than 200,000 kWh of electricity – equivalent to powering up one HDB block for six months – and consumes 10 tonnes of ink.

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