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100 000 Livres

Issuer Banque du Liban
Year 1999
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Value 100 000 Livres
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Reverse lettering BANQUE DU LIBAN
CENT MILLE LIVRES
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Protection description Cedar tree watermark; vertical holographic strip at left of obverse
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Comments

The 100,000 Livres denomination was, at the time of issue, the highest-value note Lebanon had ever circulated — a direct consequence of the hyperinflationary spiral that followed the civil war years, during which the Lebanese pound lost the vast majority of its pre-war purchasing power. By 1999 the economy had stabilized considerably under the Hariri reconstruction program, but the denomination structure inherited from the crisis years remained.

BA International, the Ottawa-based successor to the historic British American Bank Note Company, printed this series shortly before the firm's gradual decline in the early 2000s, when it lost several sovereign contracts to larger competitors.

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