5 Francs

Banque de l'Algérie had operated as Tunisia's bank of issue since 1904, and by 1944 the territory was in Allied hands following the North Africa campaign. This note was printed in liberated Paris — the Imprimerie du Gouvernement had resumed controlled production after the occupation — making it one of the earlier postwar Parisian printings for the Tunisian series rather than a wartime emergency issue.

The TUNISIE overprint or surcharge designation on Banque de l'Algérie notes reflects the dual mandate the bank held across two territories under a single charter, a structural quirk that persisted until Tunisia's own central bank was established in 1958.