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500 Francs

Issuer Banque Nationale du Rwanda
Year 1998
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Printer Giesecke & Devrient, Leipzig
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Obverse description The right half of the obverse is dominated by an intaglio vignette of a group of mountain gorillas amid lush green foliage, set against a landscape underprint with a volcanic mountain silhouette. A large guilloche rosette occupies the left centre, incorporating a hexagonal 'R' security device, with two signature lines below captioned '2nd VICE-GOUVERNEUR' and 'GOUVERNEUR', and the italic legend 'Payable à vue' in the lower field. Denomination numerals '500' appear in large green figures at lower left and upper right, with the date '1.12.1998' at lower right.
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Reverse lettering BANKI NASIYONALI Y'U RWANDA
ITEGEKO LIHANA UMUNTU WESE UZIGANA IYI NOTI
MUSEE NATIONAL
AMAFARANGA
500
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Comments

The 1998 series marked a deliberate reconstruction of Rwandan currency infrastructure in the aftermath of the genocide, during which the existing money supply had been severely disrupted — looting of the Banque Nationale's reserves and the collapse of normal commerce had left the pre-1994 note stock badly compromised. Giesecke & Devrient, by then operating from their Leipzig facility following German reunification, had become a preferred supplier for central African issuers rebuilding from political rupture.

Pick 26 replaced the earlier 500-franc notes that had circulated through the catastrophic events of 1994. The security specification is modest by later standards — watermark and a single security thread — reflecting budget constraints typical of post-conflict monetary reconstruction rather than any technical shortcoming on G&D's part.

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