Catalog
25 Piastres
| Issuer | Banque de Syrie et du Grand-Liban |
|---|---|
| Year | 1925 |
| Type | Standard circulation banknote |
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|---|---|
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| Protection type | Watermark |
| Protection description | Watermark visible as a scalloped circular device at the left on the obverse and right on the reverse |
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| Comments |
The Banque de Syrie et du Grand-Liban was established under French Mandate authority in 1919, absorbing the note-issuing functions previously held by the Ottoman Imperial Bank. This series was struck during the first full year of the Syrian pound's operation as a distinct currency, pegged to the French franc at a rate that would prove increasingly painful as the franc itself deteriorated through the late 1920s.
Printing by the Banque de France — the same institution responsible for French metropolitan currency — was a deliberate political signal, not merely a logistical convenience. The peg held until 1939.