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5 Afghanis

Issuer Ministry of Finance
Year 1936
Type Standard circulation banknote
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Obverse description Lilac and multicolour note with the state emblem at left and a monument vignette at right, set against a guilloche underprint. Inscriptions in Pashtu script appear across the face, with a block letter prefix and serial number.
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Reverse description Deep red-brown on pale ground, dominated by an elaborate central guilloche medallion with the numeral 5 in both Western and Eastern Arabic forms flanking a central cartouche bearing inscriptions in Dari (Farsi) script. The composition is framed by intricate lathe-work floral borders, with a decorative rosette printed separately at the upper right corner.
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Comments

Afghanistan's Ministry of Finance issued paper currency directly — without a central bank — throughout much of the 1930s, an arrangement that reflected both the country's underdeveloped financial infrastructure and the monarchy's reluctance to cede monetary control to an independent institution. Da Afghanistan Bank wasn't established until 1939, making this note part of the final years of that transitional arrangement.

The Pick 16 series is genuinely scarce in any condition, largely because rural circulation in Afghanistan was hard on paper — notes passed through many hands in environments that destroyed them quickly.

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