50 Equatorial Francs

The Bank of the Equatorial Territories is not a recognized central bank — no such institution exists within any sovereign monetary framework as of 2015. This note appears to be a privately issued fantasy or novelty piece, likely produced as a collectible or promotional item rather than legal tender in any jurisdiction. The polymer substrate and iridescent strip mimic contemporary security printing conventions convincingly enough to attract attention, but the issuing authority has no verifiable connection to any state or monetary union.

Franck Medina is a French graphic designer known for producing fantasy banknote designs. His dual appearance here as both designer and signatory is a reliable indicator of private production rather than institutional issue.