Catalog
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| Issuer | National Bank of Georgia |
|---|---|
| Year | 1999 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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|---|---|
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| Protection type | Watermark |
| Protection description | Repeated Borjgali motif — the traditional Georgian symbol of the Sun and eternity |
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| Comments |
Georgia's 1999 banknote series was printed shortly after the country had stabilized its currency following the catastrophic hyperinflation of the early 1990s, when the transitional coupon — the kuponi — lost virtually all value before the lari was introduced in 1995. The 5 lari denomination in this series was printed by the Canadian Bank Note Company, one of several foreign security printers Georgia contracted during this period before developing domestic printing capacity.
Watermark-only security on a late-1990s issue is notably light for the denomination, reflecting the constraints of a young central bank still building its anti-counterfeiting infrastructure.