Currency of Eritrea 50 Nakfa Note, Bank of Eritrea 2004 Issue
Obverse: Three girls at center, flag raising at left, OVD (Optically Variable Device) Kinegram® vertical foil at left
Reverse: Ships in Port of Masawa at center right.
The notes depict Eritrean fighters raising the (Eritrea People’s Liberation Front) EPLF flag — Very reminiscent to American soldiers raising the flag on Iwo Jima. The Bank of Eritrea logo is depicted on the back of each note.
Watermark: Camel head
Printer: Giesecke & Devrient, Germany
Size: 143 x 71 mm
Issue Date: 24 May 2004
The nakfa is the currency of Eritrea. It was introduced on 8 November 1997 to replace the Ethiopian birr at par. Named after the town of Nakfa, it is divided into 100 cents. The nakfa banknotes were designed by Clarence Holbert of the United States Bureau of Engraving and Printing in 1994.
Eritrean paper money - Banknotes of Eritrea
State of Eritrea’s Notes