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20 Dollars - Elizabeth II
| Issuer | Reserve Bank of New Zealand |
|---|---|
| Year | 1999-2014 |
| Type | Standard circulation banknote |
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|---|---|
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| Signature(s) | Brash Bollard 2004, 2005 & 2006 Wheeler 2013 |
| Protection type | Watermark, Optically variable device, Clear window |
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| Comments |
New Zealand switched to polymer for this series starting in 1999, making it an early adopter outside of Australia — where Note Printing Australia had been refining the substrate since the late 1980s. The clear window on polymer issues like this one was a deliberate counter to the sophisticated forgery operations that had targeted the previous paper series during the 1990s.
Three different governor signatures appear across the P#187 run, with Bollard-signed examples dated 2004, 2005, and 2006 being the most frequently encountered in circulation grades.