On Monday, March 21, 2022, Barbados Governor Cleviston Haynes announced that a new series of polymer banknotes will be issued at the end of the year (December 2022).

The Governor: “With this transition to polymer, we will be able to offer Barbadians banknotes that are highly secure, with features that are harder to simulate yet easy to authenticate.” He added that while counterfeiting was not a major issue at present, the Bank has chosen to take a proactive approach.