We have a great group of nominations that were received during our nomination period which ended Friday, February 21.
Now our Judges are reviewing and scoring all the nomination to determine our FINALISTS. The FINALISTS will be announced the week of March 17th.
Then, it will be time for our VOTING MEMBERS to cast their votes for the best project in each category.
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)**
Nominations were 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).
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.
Many thanks to our judging committee who are reviewing the nominations and will 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)
Ross MacDiarmid, Former CEO of Royal Australian Mint and former ED for MDC/ MDA (for best coin)
Richard Wall, IACA Chair; former MD of Currency, Bank of Canada
Lydia Yip, Advisor to Central Banks, former Head of Currency, HKMA
Stay tuned to learn our FINALISTS!
