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50 Nakfa
| Issuer | Bank of Eritrea |
|---|---|
| Year | 2011 |
| Type | Standard circulation banknote |
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| Obverse description | The central vignette presents three young Eritrean women in traditional dress and jewelry executed in fine intaglio against a multicolour guilloche underprint, with an orange camel device at right serving as part of the watermark area. At lower left, an oval vignette illustrates freedom fighters raising the Eritrean flag, flanked by two facsimile signatures captioned PRESIDENT and GOVERNOR, while the date 24.5.2011 appears in red at lower right. The upper border carries the STATE OF ERITREA legend in an ornate panel with numeral 50 cornerpieces, and a vertical embedded security thread runs along the left portion of the note. |
|---|---|
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| Reverse description | The full width of the note is occupied by a detailed intaglio vignette of the Port of Massawa, with cargo vessels, loading cranes, and harbour infrastructure rendered against a pale guilloche underprint. An orange camel outline vignette appears at lower left, and a circular gear-and-cross emblem is positioned at upper right. The upper border bears the BANK OF ERITREA legend in a decorative panel with numeral 50 at each corner, mirrored below by the FIFTY NAKFA denomination inscription. |
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| Comments |
P#9 is the third release of Eritrea's 50 Nakfa denomination, following the 1997 inaugural series and a 2004 revision. The nakfa itself was introduced in November 1997 to replace the Ethiopian birr at par — a deliberate severing of monetary ties with Addis Ababa that had been building since Eritrean independence in 1993. Giesecke & Devrient have handled the entire nakfa printing program from the outset, giving the series an unusual consistency of production quality across all three dates.
The 2011 date reflects a reissue rather than a redesign; the note family was refreshed with updated security specifications while retaining the original plate layout.