Here’s a comparison of approximate banknote printing costs for major currencies
Cheapest per note: Low-denomination US and Indian notes are among the lowest in absolute cost.
• Euro notes: Average around 10 euro cents, higher than the US $1 but still very low relative to face value.
US $1/$2
4.1 cents
US $100
11.3 cents
Indian 500
$2.29 (~2.7 US cents*)
Recent
Indian $200
2.37
Euro (average)
~10 euro cents
Euro €5
~5 cents
Euro €100-€200
12-16 cents
Higher
UK £5 / £10 / £20
(polymer)
~7-8 pence
Bank o
Australian (average)
~32 Australian cents
Note P
Canadian polymer notes
~23-27 Canadian cents
Cheapest per note: Low-denomination US and Indian notes are among the lowest in absolute cost.
• Euro notes: Average around 10 euro cents, higher than the US $1 but still very low relative to face value.
US $1/$2
4.1 cents
US $100
11.3 cents
Indian 500
$2.29 (~2.7 US cents*)
Recent
Indian $200
2.37
Euro (average)
~10 euro cents
Euro €5
~5 cents
Euro €100-€200
12-16 cents
Higher
UK £5 / £10 / £20
(polymer)
~7-8 pence
Bank o
Australian (average)
~32 Australian cents
Note P
Canadian polymer notes
~23-27 Canadian cents