Catalog
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| Issuer | Bank of Eritrea |
|---|---|
| Year | 1997 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
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| Printer | Giesecke & Devrient, Leipzig, Germany |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 100 STATE OF ERITREA 100 Legal tender of Eritrea 100 ONE HUNDRED NAKFA |
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| Protection type | Watermark |
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| Comments |
The 1997 Eritrean series — of which this is the highest denomination — was the country's first nationally issued currency, replacing the Ethiopian birr after independence was formally consolidated following the 1993 referendum. The two-year lag before issuing a distinct currency was deliberate: Eritrea needed time to establish the Bank of Eritrea and negotiate printing contracts before cutting monetary ties with Addis Ababa.
Giesecke & Devrient had extensive experience printing post-colonial inaugural series, and the choice was unsurprising. Clarence Holbert, an American designer with prior African currency work, handled the design brief for the full set.