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50 Nakfa
| Issuer | Bank of Eritrea |
|---|---|
| Year | 1997 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#5 |
| Obverse description | Central vignette composed of a triptych portrait of three young women representing Eritrea's nine nationalities, rendered in intaglio against a multicolour guilloche underprint. A flag-raising scene appears as a secondary vignette, evoking national independence. Denomination numeral '50' appears in the corners, with the issuer name and legal tender inscriptions framing the composition. |
|---|---|
| Obverse lettering | Log in to see details |
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| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Comments |
Eritrea's 1997 series was the country's first domestically issued currency following independence from Ethiopia in 1993 — the nakfa itself named after the northern town of Nakfa, which the EPLF held throughout the long liberation war and came to symbolize resistance. Giesecke & Devrient had a long record of printing currencies for newly independent African states, and Eritrea's assignment to their Leipzig facility reflected standard post-reunification consolidation of the firm's East German operations.
Clarence Holbert's involvement is worth noting — he worked extensively on African currency design through this period, producing work for multiple issuing authorities. The security specification here is modest: a single watermark, no metallic thread, no color-shifting ink. Practical for a young central bank with limited procurement budget.