Catalog
| Issuer | Central Bank of Seychelles |
|---|---|
| Year | 1989-1997 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Central composition shows a group of local Seychellois figures engaged in traditional dance, accompanied by a seated drummer at left; decorative floral guilloche patterns frame the scene. A traditional stringed instrument vignette appears at lower right, with palm fronds visible at upper left. |
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| Protection type | Watermark |
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| Comments |
Pick 32 covers the multi-year issue that bridged two very different periods in Seychellois monetary policy — the early 1990s saw the government begin dismantling the strict exchange controls that had made the rupee effectively unconvertible since the late 1970s. Notes from the later end of this date range reflect that transitional instability, when parallel market rates diverged sharply from the official peg.
The single watermark security is notably minimal for a 1990s issue, and forgery of low-denomination Indian Ocean notes was a documented regional problem during this period.