20 Dinars

Obverse description	The facade of the Kuwait Stock Exchange building appears at left centre against a fine guilloche underprint in mauve and purple tones, with the national arms of Kuwait in an oval vignette at right. The denomination '20' is rendered in large Arabic numerals at upper left, with the Central Bank of Kuwait title and the value in Arabic script occupying the central register. Two signature panels appear in the lower portion, flanking a decorative rosette element.
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Protection description	Eagle's head watermark visible when held to light
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Comments	Kuwait's entire pre-invasion currency stock was compromised after Iraqi forces occupied the country in August 1990 and looted the Central Bank's reserves. The post-liberation series, of which this note is part, was rushed into production at Thomas De La Rue's London facility to replace the Fourth Issue notes that had been invalidated by emergency decree — a redemption window of just three weeks in March 1991 was deliberately narrow to prevent Iraqi-held stocks from being exchanged. The tight deadline left Kuwait with a transitional series carrying provisional security specifications, which is why the watermark protection on this issue is comparatively modest against what the CBK would adopt in later printings.