25 Rupees

The P#33 series spans a seven-year window that coincided with the Seychelles government's gradual liberalization of an economy that had been tightly controlled under France-Albert René's single-party socialist state since the 1977 coup. The 25 Rupee denomination sat at a practical mid-range in daily transactions during this period, when the rupee was subject to managed exchange rates and capital controls that restricted how freely these notes moved beyond the islands.

Thomas De La Rue's watermark security on this issue is relatively minimal by the standards the firm applied elsewhere in the same decade — a reflection of the small-economy print run economics rather than any oversight.