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10 Emalangeni

Issuer Central Bank of Eswatini
Year 2024
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Currency Lilangeni (1974-date)
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Obverse description At centre-right, a portrait of King Mswati III faces forward against a multicolour guilloche underprint; to the left, the national coat of arms with a lion and elephant as supporters flanking a central shield topped with a lidlabe (crown of feathers), accompanied by an isihlangu (shield), sikhali (spears), and umgobo (staff). English and Swazi inscriptions appear alongside the denomination, which also serves as a see-through registration device.
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Protection type Watermark, Security thread
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Comments

P#A44 marks Eswatini's first hybrid substrate issue, a significant materials shift for a central bank that had issued on conventional cotton-linen stock since the country's rename from Swaziland in 2018. Hybrid polymer-paper composites were adopted by several smaller African issuers through the early 2020s as a durability compromise — longer-lived than pure paper without the full retooling costs of an all-polymer series. Giesecke+Devrient, who have supplied Eswatini since the early Lilangeni series, handled production in Leipzig.

The security package is relatively restrained for a 2024 issue — watermark and thread only, without the windowed foil elements now common at this denomination tier.

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