Belize’s New Currency Notes Are Here: What You Need to Know

July 29, 2025
by Belize Hub +

Belize is about to see a major change in its money. For the first time in decades, the Central Bank of Belize is launching a new series of currency notes—completely redesigned to reflect modern standards, improve security, and honor the country’s national heroes.

Set to go into circulation within the week, the updated bills are no longer made of paper but of a more durable and secure material. They come with enhanced features designed to fight counterfeiting and to make the notes longer-lasting, especially in Belize’s tropical climate.

But beyond the material change, it’s the design that’s turning heads. The most notable difference? The removal of Queen Elizabeth II’s image, which has graced Belize’s currency since independence. In her place are two of Belize’s most respected leaders—George Price and Phillip Goldson. Their inclusion marks a shift toward national identity and pride in homegrown leadership.

The bills were created by De La Rue International, a global leader in banknote design. In May, the Central Bank held a public session called “Know Your Money” to explain the new features and the reasoning behind the design overhaul. Gareth Evans, Regional Director for De La Rue, addressed some of the early online chatter about the bills’ appearance. Some Belizeans had noted that the new notes looked similar to pesos or Monopoly money, but Evans clarified that the final product is uniquely Belizean and will make more sense once people hold them in their hands.

“Banknotes are a country’s business card,” Evans explained. “They need to be secure, durable, and beautiful. And above all, they need to represent the country.”

The new bills are filled with national symbols and updated artwork that reflect Belize’s cultural richness and political history. From Maya heritage to Garifuna identity, the designs speak to the diversity and unity of Belize’s people. Each denomination comes with its own theme, making the new money not just a medium of exchange—but a celebration of who we are.

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What Happens to Your Old Bills?

Many Belizeans are wondering: Can I still use my old money? The answer is yes. The Central Bank has emphasized that the old notes will remain legal tender. Over time, as they are deposited at banks and other financial institutions, they will be phased out and replaced with the new series. The transition is expected to take a few years, not months, so there’s no need to rush to the bank just yet.

Whether you’re a local business owner, a frequent traveler, or a Belizean living abroad who sends money home, this change is important. The new bills are designed to work better with modern banking systems, last longer in wallets and tills, and proudly reflect Belizean values.

The launch of the new notes is a historic moment—one that will be remembered not just for its colorful design or security upgrades, but for its symbolic step toward national identity. For a country as proud and resilient as Belize, this new look for our currency is more than just a change in design—it’s a reaffirmation of who we are.