50 Francs

Rwanda's 1977 coinage program came during a period of relative political stability under Juvénal Habyarimana, whose 1973 coup had consolidated single-party rule under the MRND. The Banque Nationale du Rwanda was still a young institution — founded only in 1964, a decade after independence from Belgian trusteeship — and brass coinage of this denomination reflects the country's ongoing effort to build a functioning domestic currency infrastructure largely from scratch.