100 Francs / 20 Belgas Front in Dutch

Belgium's liberation in September 1944 created an immediate currency problem: German-occupation francs were still circulating alongside Allied Military Currency, and the pre-war note stock had long since been exhausted. This note was part of the transitional series printed to re-establish the National Bank's authority, though a compulsory exchange decree issued that October — the "monetary purge" — meant most notes returned to the bank within weeks of issue, sharply limiting what actually stayed in circulation.

Vloors had designed the underlying artwork well before the war. Minguet's intaglio work on the obverse is notably finer than Poortman's reverse, a mismatch visible under magnification that reflects the disrupted production conditions of the period.