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1 Nakfa

Issuer Bank of Eritrea
Year 1997
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Currency Nakfa (1997-date)
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Reverse description The reverse is dominated by a finely engraved intaglio vignette on a green ground, portraying students gathered at an outdoor bush school, reading and studying beneath rocky outcrops and trees. To the left, a large oval unprinted area reserved for the watermark incorporates a red camel outline in letterpress, while a circular guilloche rosette occupies the lower right. The bank name is contained within an ornate geometric frame along the upper border, and the denomination runs along the lower border with numeral corner pieces.
Reverse lettering 1 BANK OF ERITREA 1 1 ONE NAKFA   1
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Eritrea's 1997 note series was the country's first full domestic currency issue, replacing the Ethiopian birr that had circulated through independence in 1991 and the transitional period that followed. The nakfa itself — named for the northern town of Nakfa, a stronghold that the Eritrean People's Liberation Front held throughout the thirty-year war with Ethiopia — carried obvious political weight from the moment of introduction.

Giesecke & Devrient in Leipzig handled the entire 1997 series. Clarence Holbert, an American designer with credits across multiple African currency programs, produced the artwork.

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