The Bahrain Monetary Agency replaced the Bahrain Currency Board in 1973, taking over note issuance as part of a broader push to formalize the island's financial infrastructure following independence. This note belongs to the third series issued under the BMA, which De La Rue produced on a rolling replacement schedule through the early 1990s as older issues were progressively withdrawn.
Bahrain's small physical circulation pool — a consequence of the country's size rather than its wealth — means high-denomination notes from this period saw relatively light wear before replacement cycles pulled them back.
The Bahrain Monetary Agency replaced the Bahrain Currency Board in 1973, taking over note issuance as part of a broader push to formalize the island's financial infrastructure following independence. This note belongs to the third series issued under the BMA, which De La Rue produced on a rolling replacement schedule through the early 1990s as older issues were progressively withdrawn.
Bahrain's small physical circulation pool — a consequence of the country's size rather than its wealth — means high-denomination notes from this period saw relatively light wear before replacement cycles pulled them back.