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100 Rupees

Issuer Afghanistan
Year 1920
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Currency Afghan Rupee (1891-1925)
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Obverse description Uniface note printed in green and gray on plain paper. The central field carries a large bold Arabic inscription within a rectangular panel, flanked by intricate floral and geometric guilloche borders. Three circular vignettes at the top contain the Afghan royal arms at centre, with tughra cartouches to either side, and the denomination numeral appears in each of the four corners alongside date numerals in the Ottoman-Afghan style.
Obverse lettering امستقلاخلاداد افع
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Comments

India's currency arrangements during the early 1920s were split between the Finance Department of the Government of India and the Imperial Bank, which had only just been proposed — it would not open until 1921. Treasury issues of this period carried the signature of the Controller of Currency, and the specific signatory on P#5 notes can help narrow the issue window considerably, as the series ran across several controllers.

High-denomination Treasury notes from this period suffer disproportionate attrition. Wartime inflation had already stressed confidence in paper, and the 1920s saw active replacement campaigns as the Reserve Bank framework was debated. Few examples survived the transition intact.