In 2015-2016, the Reserve Bank of New Zealand introduced the new Series 7 banknotes (also known as the "Brighter Money" series), which not only updated the design but also enhanced security features. As of 2021, both Series 6 and Series 7 banknotes remain legal tender.
👑 In September 2022, following the passing of Queen Elizabeth II, the Reserve Bank announced that it would gradually deplete the existing stock of $20 notes featuring the Queen and subsequently issue new banknotes bearing the image of King Charles III. 😢 Many people expressed nostalgia for the Queen's version of the banknotes.
The currency update in New Zealand not only reflects the country's transformation but also showcases technological advancement and design innovation. Each version of banknotes serves as a historical witness.