The selection is based on a nomination and voting process by IBNS's more than 2,000 members. The runner-up prize went to the 5000 Franc note from the French Pacific Territories (Tahiti), and third place went to the 10 Dinar bill from Kuwait.

Kazakhstan (2013, 2012, 2011), Uganda (2010), Bermuda (2009), Samoa (2008), Scotland (2007), Comoros (2006), Faeroe Islands (2005) and Canada (2004) have previously garnered the top prize. Established in 1961, IBNS is a nonprofit educational organization that aims to advance the study, collection and dissemination of information related to paper money. Membership is open to all enthusiasts from any country in the world.

To read the complete article, see:
The world's best banknotes of the year (http://qz.com/405425/the-worlds-best-banknotes-of-the-year/)

To read the earlier E-Sylum article, see:
2014 IBNS BANK NOTE OF THE YEAR WINNER (www.coinbooks.org/esylum_v18n19a28.html)