We are happy to announce that the Nomination Period for the 2025 Excellence in Currency Awards is now OPEN and will close February 21, 2025.
The awards will be presented at the Currency Conference (May 26-29, 2025 in Bangkok, Thailand and comprise of four categories:
- Best New Circulating Banknote or Banknote Series
- Best New Circulating Coin or Coin Series
- Best New Currency Public Engagement Program
- Best New Cash Cycle Cash Visibility & Collaboration Program/Initiative (new category)**
Projects of any issuer of banknotes/coins, central bank or ministry of finance, mint or other supplier of currency products and services are eligible for nomination in the appropriate categories. Self-nomination by such organisations is allowable and encouraged. IACA membership is not a requirement for making a nomination or becoming a finalist/winner.
Nominations are limited to projects issued/completed between February 1, 2023 through January 31, 2025 (with exception of the Cash Visibility category which has no beginning date).
Nominations must be submitted through IACA’s award site – https://currencyaffairs.awardsplatform.com/
IACA’s ‘Guidelines for IACA’s Excellence in Currency Awards and criteria for the 2025 awards can be found HERE: Guidelines and Criteria Document. The guidelines were developed to provide transparency of the Awards process and offer guidance on IACA’s award criteria.
**Re: the Best Cash Cycle Cash Visibility & Collaboration Project/Initiative: As our members should all well know, we have focused our discussions on Cash Visibility & Collaboration all year and we feel this is a great way to bring exposure to those projects that have been implemented.
Cash Visibility refers a cash stakeholder/s having a view of where banknotes and coins are, when it moves, how it moves and/or the details of the notes/coins (value/denomination, etc) in the cash cycle. This category will recognize organized efforts, plans, programs put into place that result in more visibility for one or more stakeholder in the cash cycle. Plans and programs that include collaboration with other stakeholders in the cash cycle to achieve more visibility are favoured. The visibility provided can be any level of enhanced view. Further, the new data available/visible can be at the serial number level, aggregated data level, or even just a new “peek” of data re: the “what, where, when and how” of cash movement that was not available before.
Please read the Guidelines & Criteria document to learn more about the criteria for this category and all the other categories.
The judging committee who will review the nominations and determine the finalists in each category are:
Alejandro Alegre, former General Director of Currency for Banco de Mexico
Jon Cameron, Consultant, formerly with US Mint, BEP and Federal Reserve (for Best Coin)
Tomasz Jagielinksi, President/CEO of NXTGenDetect
Michael Lambert, former Director of Banknotes, Federal Reserve Board
Brian Lang, VP of IACA and former Head of Currency, RBNZ (for Best Coin)
Best Coin)
Ross MacDiarmid, Former CEO of Royal Australian Mint and former ED for MDC/ MDA
Richard Wall, IACA Chair; former MD of Currency, Bank of Canada
Lydia Yip, Advisor to Central Banks, former Head of Currency, HKMA
We look forward to receiving your nominations and Good Luck!!
