20 Francs

The Banque de l'Algérie et de la Tunisie was formed in 1949 when the Banque de l'Algérie absorbed responsibility for Tunisian currency as well — making a 1948-dated note issued under that combined name a transitional curiosity, printed in anticipation of the institutional merger before it was formally complete. The Banque de France handled the presswork, as it did for most French colonial currency of this period.

Mohamed Salah Khamassi's involvement as designer is notable: a Tunisian artist working on official colonial currency was unusual for the period, and his contribution here is one of the few documented cases of local creative input into the French North African note series.