“Good-As-New” S$2 notes that are clean and crisp and retrieved immediately after previous year’s Lunar New Year will be issued by the Monetary Authority of Singapore (MAS) and issued for the coming Lunar New Year festivities. This Go Green initiative was launched last year.
MAS is generating greater awareness of this initiative on Facebook as well as displaying posters at high traffic locations including bus terminals and community clubs.
Mr Andrew Khoo, Deputy Managing Director, MAS, said, “Last year, 11% of $2 notes issued for the Lunar New Year were ‘good-as-new’ notes. The energy saved from not printing as many new notes could power 100 households for one month. We hope demand for ‘good-as-new’ $2 notes will be higher this year.”
Both the brand new and “good-as-new” S$2 notes will be available at participating banks in Singapore from 13 January 2014.
