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The obverse is dominated by a bold lion's head vignette at left-centre, executed in intaglio, set against a blue and teal guilloche underprint. At centre and right, intaglio renderings of Emperor Fasilides' castle in Gondar and the Obelisk of Axum are presented in fine detail, with the issuer title in Amharic and English spanning the upper register and denomination numerals in bold letterpress at lower left and right. Two signature lines in Amharic and Latin script appear at the bottom, flanking the Ethiopian calendar and Gregorian dates. |
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The reverse carries a large intaglio vignette of the interior of Sof Omar Cave in the Bale Mountains, rendered in warm ochre and brown tones with dramatic rock formations and vaulted archways as the central motif. An outline map of Ethiopia fills the background field in teal, with a secondary vignette of Fasilides' castle positioned at lower right. Denomination numerals and Amharic legends appear in the upper and lower registers, framed by fine guilloche borders. |
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Ethiopia redenominated and rebranded its currency in 2020, issuing an entirely new series as part of a broader economic reform push under Prime Minister Abiy Ahmed — the first major redesign of Ethiopian banknotes in over a decade. The shift was also partly motivated by concerns over large hoards of undeclared cash, a perennial problem in cash-heavy economies where significant economic activity runs outside the banking system. Holders were given a limited window to exchange old notes.
De La Rue's involvement continues a relationship with Ethiopian note production stretching back several decades.