Case Studies
From its substrates to its cutting-edge security features and design expertise, Louisenthal’s mastery of the entire cash cycle is recognised around the globe. And in this section, you can check out a few of our customer references and get a feeling for the seamless integration of our security features in the overall banknote design. Our customers, who include central banks and government ministries from over 100 countries, rely on our products and technologies to modernise their banknotes, toughen security, and ensure long-term compliance with their clean note policies.
Guatemala
In 2024, Guatemala celebrates the 100th anniversary of its national currency, the Quetzal, named after the „Resplendent Quetzal“, Guatemala’s national bird. To mark this occasion, Banco de Guatemala has issued a new 1-quetzal commemorative banknote, emphasizing both the currency’s role as a national symbol and Guatemala's advancement in security and design.
Lesotho
Lesotho has always prided itself on its rich cultural heritage and commitment to sustainability. In the summer 2023 the Central Bank of Lesotho (CBL) unveiled a landmark in its currency history — the nation’s first Green Banknote. This significant release underscores Lesotho’s dedication to environmental conservation and sustainable development.
Eswatini
Eswatini has introduced a new 50 Emalangeni banknote. The banknote was launched in May 2024 and reflects Eswatini's rich cultural heritage, its advancements in financial security technology, and a deep commitment to environmental stewardship using Giesecke+Devrient's innovative Green Banknote technology.
Kazakhstan
In December 2023 the National Bank of Kazakhstan launched the new "Saka Style" banknote series, with the 5,000 Tenge denomination being the first to enter circulation. In creating the new banknote, Louisenthal’s RollingStar® Patch security element was applied, making it the world's first banknote with this feature applied as a patch.
Hong Kong
The Hong Kong Monetary Authority called on Louisenthal and Giesecke+Devrient for a major update to several of its banknotes. The first one to be released comprised a show-stopping design with multiple glistening and sparkling security features – a fitting tribute to Hong Kong’s unique culture.
Tajikistan
The central bank in Tajikistan has been working with Louisenthal for over twenty years, so it’s no surprise that the bank turned to us again for its banknote upgrade. In a country where almost all transactions are carried out in cash, our Hybrid substrate was the right choice of platform.
Bulgaria
This was a textbook case of successful international collaboration. The security update on Bulgaria’s 100-lev note tapped into the expertise of all the companies involved, including Louisenthal for its design and security feature expertise. No wonder the note won an award at the HSP conference in March 2019!
South Africa
Nelson Mandela was the undisputed star of South Africa’s new set of notes. Issued to celebrate his 100th birthday, each denomination shows a different stage in his life. Based on Louisenthal’s Hybrid substrate, the banknotes have several security features that form part of the storytelling approach.
