Sir Edmund Hillary's daughter has given the clearer picture of her father on the new $5 note a big thumbs up.

Sarah Hillary described the new banknotes, unveiled on Tuesday by the Reserve Bank, as "beautiful".

The new $5 note features a more photo-realistic picture of Sir Ed that Sarah Hillary described as "an improvement" over the current note.

She applauded the notes' design and their clarity and colourfulness.

The Reserve Bank said new "brighter" $5 and $10 notes would enter circulation within weeks.

The remaining $20, $50, and $100 banknotes in the new series will be released from April 2016.

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Sir Edmund Hillary's daughter applauds 'beautiful' new NZ banknotes (www.stuff.co.nz/business/money/71624634/sir-edmund-hillarys-daughter-applauds-beautiful-new-nz-banknotes)