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04 June 2016

Macau - Bank of China 2016 Year of the Fire Monkey Commemorative

Ten Patacas
Dated 2016
Reverse
It appears that the two currency issuing commercial banks in Macau – Bank of China and Bank Nacional Ultramarino are now issued these 10 Patacas Chinese Zodiac commemorative notes on a biyearly basis since 2014. This year the Zodiac sign is the fire Monkey and the Rooster for 2017. Like previous issues, 20 million pieces printed for public circulations. These notes were released on 9.5.2016. Whilst I am not sure as to why the banks decided to release them in pares, it would be more economical to do it this way rather than on an annually basis. In addition to the costs saving in printing them, the administration costs side of it could also be reduced too. These are the 5th and 6th issues in the 12 animals cycle. The series full cycle will complete in 2023 with the Year of the Rabbit. the Zodiac signs usually start with the year of the Rat. This series commenced with the year of the Dragon in 2012.

Lunar Chinese New Year 12-year full cycle

23 January 2012 to 9 February 2013 - dragon
10 February 2013 to 30 January 2014 - snake
31 January 2014 to 18 February 2015 - horse
19 February 2015 to 07 February 2016 - goat
08 February 2016 to 27 January 2017 - monkey
28 January 2017 to 15 February 2018 - rooster
16 January 2018 to 04 February 2019 - dog
05 February 2019 to 24 January 2020 - pig
25 January 2020 to 11 February 2021 - rat
12 February 2021 to 31 January 2022 - ox
01 February 2022 to 21 January 2023 - tiger
22 January 2023 to 09 February 2024 - rabbit

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