Catalog
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| Issuer | Central Bank of Algeria |
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| Year | 1970 |
| Type | Standard circulation banknote |
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| Obverse description | A pastoral mountain landscape vignette at left shows a flock of sheep before a waterfall, with a peacock at right. The date appears at centre. Text in Arabic and French identifies the issuing authority and denomination. |
|---|---|
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| Variants | P#127a - Penal code with serif font. Series 001-014 P#127b - Penal code in sans serif font. Series 015-054 P#127s - Specimen |
| Comments |
Algeria's post-independence monetary infrastructure leaned heavily on French technical expertise well into the 1970s — an arrangement that sat uneasily with the nationalist politics of the Boumédiène government but reflected practical necessity. The Banque de France printed this note at a time when Algeria was simultaneously nationalizing its oil industry and asserting economic sovereignty in every public forum, while quietly outsourcing currency production to Paris.
The 1970 10-Dinar issue is one of the more short-lived denominations in the series; it was superseded relatively quickly as inflation made small-denomination notes less relevant to everyday transactions.