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10 Emalangeni

Issuer Monetary Authority of Swaziland
Year 1974
Type Standard circulation banknote
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Obverse lettering MONETARY AUTHORITY OF SWAZILAND
THIS NOTE IS LEGAL TENDER FOR
LALISHUMI EMALANGENI
10
MINISTER FOR FINANCE
GOVERNOR
THOMAS DE LA RUE & COMPANY, LIMITED
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Protection description Swazi shield watermark visible in the unprinted area at left on the reverse
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Comments

The Monetary Authority of Swaziland was itself a transitional institution — it functioned between 1974 and 1979, when the Central Bank of Swaziland took over. This note belongs to the very first series Swaziland issued as an independent currency authority, replacing the rand at par. De La Rue's involvement was typical for newly independent southern African states seeking credibility through an established security printer.

R.P. Stephens was the expatriate Monetary Authority administrator; Mayisela's co-signature reflects the deliberate policy of dual authorization during a handover period that was, politically, still very much in progress.