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20 000 Livres

Issuer Banque du Liban
Year 2001
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Currency Lebanese pound (1939-date)
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Obverse description The obverse is dominated by a large red-toned guilloche vignette of the numeral 20,000 at centre, set against a multicolour geometric underprint of interlocking panels in olive, pink, and cream. A circular cartouche at left incorporates the Cedar of Lebanon motif alongside inscriptions in Arabic, with the bank title in Arabic across the top and the denomination in Arabic script along the lower margin. Two signature fields appear in the lower central area, accompanied by a wide embedded security thread running vertically through the note.
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Reverse description The reverse presents a bold guilloche underprint in pink and olive tones, with the word LIBAN rendered in large latent-image lettering across the centre field, overlaid on a repeating microtext pattern. The numeral 20000 appears in all four corners in red, and a Cedar tree vignette is positioned at the upper right within a decorative panel. A barcode and alphanumeric serial number are printed at the lower right, with the printer's imprint (GIESECKE & DEVRIENT) in small type below.
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Comments

The 20,000 Livres denomination was introduced as Lebanon worked to restore financial credibility after the catastrophic hyperinflation of the civil war years, during which the Lebanese Pound lost roughly 99% of its value between 1984 and 1992. By 2001, the rate had stabilized under Governor Riad Salamé's peg to the US dollar — a policy that would hold, with increasing strain, for nearly two decades before the 2019 collapse.

G&D's Leipzig facility has handled Banque du Liban output across multiple series. The barcode feature on this note was relatively uncommon in Middle Eastern issues of the period.

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