Catalog
| Issuer | Banco Central |
|---|---|
| Year | 1969 |
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| Currency | Peseta (1969-1975) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA DE GUINEA ECUATORIAL EL BANCO CENTRAL PAGARÁ AL PORTADOR CIEN PESETAS GUINEANAS SANTA ISABEL 12 DE OCTUBRE DE 1969 EL GOBERNADOR EL INTERVENTOR EL CAJERO Fª Nª DE MONEDA Y TIMBRE (Translation: Republic of Equatorial Guinea / The Central Bank / will pay to the bearer / One Hundred / Guinean Pesetas / Santa Isabel, October 12, 1969 / The Governor / The Controller / The Cashier / National Mint and Stamp Factory) |
| Reverse description | Red-brown on a pale guilloche underprint. The central vignette presents a tropical shoreline scene with palm trees at right and a figure paddling a dugout canoe on calm waters, with a large circular celestial disc at upper left. The national coat of arms — a shield bearing a silk-cotton tree, six stars above, and a motto ribbon below — is superimposed at centre, the whole framed by ornate guilloche borders incorporating tropical motifs. |
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| Comments |
Equatorial Guinea gained independence from Spain on 12 October 1968, and this note — P#1 of the new nation — followed within months. The currency itself, the peseta guineana, was a deliberate bridging unit, maintaining nominal continuity with the Spanish colonial peso to ease the transition. The Banco Central was established specifically to issue it, though the institution had little independent monetary infrastructure at the outset; the entire print run was handled in Madrid by the same state printer that produced Spanish domestic currency.
The peseta guineana lasted only until 1975, when Macías Nguema replaced it with the ekwele as part of a broader rupture with Spanish economic ties.