5 Pesetas Guineanas

Equatorial Guinea's 1969 coinage was its first as an independent nation, having broken from Spanish colonial rule in October 1968. The peseta guineana was pegged to the Spanish peseta at par, a deliberate carryover from the colonial monetary system that Spain negotiated as a condition of the independence agreement. The relationship didn't last — by 1975, Francisco Macías Nguema's increasingly erratic government severed economic ties with Spain entirely, and the currency was eventually abandoned in favor of the CFA franc in 1985.