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50 Nakfa

Issuer Bank of Eritrea
Year 2011
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Shape Rectangular
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Obverse lettering STATE OF ERITREA FIFTY NAKFA Legal tender of Eritrea 50 50 50 50
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Protection description Camel watermark visible when the note is held to light; embedded vertical security thread running through the left portion of the note.
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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.

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