Catalog
10 Piastres
| Issuer | Egyptian Currency Note (Ministry of Finance & Economy) |
|---|---|
| Year | ND |
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| Reference(s) | P#178 |
| Obverse description | Intaglio-printed note in blue-grey with a central guilloche medallion bearing the denomination in Arabic script. At right, a vignette of three figures carrying a flag, rendered in a nationalist style. Arabic legends at top and bottom borders; signature and title of the Treasury Director at lower left. |
|---|---|
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| Variants | P#178 - Mule note combining Face 3 with back 1A |
| Comments |
The Egyptian Currency Note series — issued directly by the Ministry of Finance rather than the National Bank — has its roots in a wartime fiscal decision. During the First World War, small-denomination coinage became scarce as metal was diverted, and the ministry stepped in to fill the gap with low-value paper issues that functioned more like fractional currency than conventional banknotes. That administrative arrangement persisted for decades, long after the original rationale had expired.
The Survey of Egypt, originally established as a cartographic and geodetic agency, took on banknote printing as a secondary function — an unusual institutional arrangement that made Egypt one of the few countries where a mapping authority printed circulating currency.