Sunday, April 1, 2012

Banknote of the Month - April 2012, "The new Canadian $50 note"

This new high-security polymer note was released by the Bank of Canada in late March and looks fairly attractive in my opinion, although I would prefer a little more contrast rather than just all red.  The last 10 years have been a major bull market for Canadian dollars vs. US Dollars, but I personally doubt that their central bank will allow it to appreciate much farther (barring hyper-inflation in the US or some other major event) because Canada is such a major exporter to the United States.

Credit to Banknote News ( for the picture.

 Wow look at that movement!  Note the USD spike following the financial crisis, then it resumed its fall.

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